TSLA

[DallasCowboysFan]

If Tesla reported earnings down 48%, and revenues were down 9%, why is it up 9% in aftermarket trading?


https://www.cnbc.com/2024/04/23/tesla-tsla-earnings-q1-2024-.html

 

[mervyn]

more affordable models.

 

[DallasCowboysFan]

I saw that, but it's not suppose to happen until late 2025.....I hope it does.
But he has failed to deliver on his promises many times before.
He was suppose to have a cheaper model for a long time and then he dedicated his efforts to the new pickup, which has not been successful.

 

[vanzandt]

If Tesla reported earnings down 48%, and revenues were down 9%, why is it up 9% in aftermarket trading?


https://www.cnbc.com/2024/04/23/tesla-tsla-earnings-q1-2024-.html

 

[tomkat22]

Bull trap? Nefarious shenanigans by market makers? Zacks says they only missed by a penny on EPS.

 

[SunTrader]

After market low volume relative to RTH. Let's see what tomorrow and succeeding days bring.

BTW it happens a lot but does having a reason change anything?

 

[PennySnatch]

Bull trap? Nefarious shenanigans by market makers? Zacks says they only missed by a penny on EPS.

Squeeze the weak shorts playing the earnings and then continue the slide down to $50.00. IMHO.

 

[mervyn]

160 as I am looking now, no thinks will retrace? Elon will kill the big three, and I the smaller ev competitors.

 

[SunTrader]

Elon's prolly going to step down after he rams his pay package thru a 2nd time.

Can't stand the heat, no matter how much weed and ketamine he does.

 

[DallasCowboysFan]

160 as I am looking now, no thinks will retrace? Elon will kill the big three, and I the smaller ev competitors.

He will knock out the smaller manufacturers like Rivian and Lucid. I don't think either of them will be around next year. But it's going to be harder and harder for him as time goes by. A lot of people are loyal to Tesla, he has an amazing fan base. But so does, GM, Ford, Toyota, and Honda.