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Good luck with that. Net profits down 71% YOY? Stock goes up 10% on the news. You think it's going to go down because Robotaxi sucks? Someone will be along shor
by mikestew 1y ago
Good luck with that. Net profits down 71% YOY? Stock goes up 10% on the news. You think it's going to go down because Robotaxi sucks? Someone will be along shortly (as they always are) to reuse a cliche about irrationality.
- m101 1y agoPlease buy the stock (again) now to confirm your view.
- mikestew 1y agoApparently the time to buy was this morning. But I don't need to confirm anything, do what you like with your money, including watching in amazement at how fast a short position can go bad.
- m101 1y agoOne shouldn't be buying a stock like Tesla for an 8% uplift. If it's worth it at 320 it's worth it at 348. I didn't post my comments or short the stock this morning, but I was thinking about it. This just seems like good timing
- mikestew 1y agoSo you don't have real money on the line? This conversation got boring fast. Come back when you've got an actual short position.
- tonymet 1y agoprofits go down with new strategic investment.
- mikestew 1y agoProfits go down when fewer people are buying your product, too. Which seems to be the case with TSLA for the most part.
- tonymet 1y agoso who's right ?
- BrandonLive 1y agoTesla’s revenues and profits are down for one reason and one reason only: Musk has personally alienated a large swath of the customer base.
- tonymet 1y agooversimplification