Tesla announces earnings miss expectations by 34.89% and the stock trades up after hours. Something is rotten in the state of Denmark.
More like there are suckers who believed Leon was going to actually step back from Doge to concentrate on Tesla or swindlers who are trying to convince others that this is true. Longer term the only thing that will save Tesla is his complete disassociation.
TSLA has been completely divorced from reality for years now...
It all may sound like a great big bucket of bad news for the car company, but the stock market has a different take. "If this is the worst it gets for Tesla, then certainly there must be some upside for the stock once tailwinds, such as the highly-awaited cheaper model and the Robotaxi, finally hit the market later this year," wrote Thomas Monteiro, senior analyst at investing .com.
Quote from this article by Ars Technica
I am not posting this because I think it makes any sense. It only makes sense if you are a rich person with way too much money to be bothered by Elon Musk's track record of just making shit up.
If they think a cheaper car and self-driving capabilities are coming at the end of the year, i have a selection of bridges i would like to sell them.
Now plot 1 or 2 years
The Tesla stock is insane. I'd short it if I didn't think their investors were morons.
Unpredictable morons. That’s the real issue.
It was 144 1 year ago, and 255 now, but that's just showing it returning to normal after hitting the peak at 479.
The reason it climbed to 479 was because of Elon's association with the Trump campaign, people thought it would be good for the company, then the bubble popped.
Maybe investors were happy that the loss was not way bigger.
Lets see when markets open in an hour. But yeah shits not rational
It's good so many people are realizing that our ultra capitalist economy doesn't make any logical sense...
I'm just confused why it took so long
They were smart enough for a while to keep the masses at bay with the Henry Ford method. They just started getting too greedy again.
Somebody was probably betting on the adage that markets go down after good news and up after bad news.
You shouldn't try to make sense out of low volume changes. Even normal trading is noisy and irrational, after hours trading is completely meaningless.
... Hrm...
Can we maybe call this...
The Cryptobro Tesla Put?
The last gasp of the diamond-handsiest HODLers?
Why would anyone either post or not notice this graph only covers a day...? Wtf
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