77 pointsby coloneltcb8 hours ago4 comments
  • rich_sasha3 hours ago
    Good job the PE ratio increased in lockstep, more than compensating for the earnings going down the toilet. Just hodl and chill.
  • HardwareLust6 hours ago
    Why is this flagged?
    • cmsj5 hours ago
      Meme stock must be protected, apparently.
  • guywithahat8 hours ago
    I guess that's one way of saying Tesla beat revenue and earnings expectations. Stock price went up 3% in after-hours trading.
    • cmsj7 hours ago
      When you absolutely, positively, must find a nice thing to say about Tesla, yes, their 11% revenue decline - their second year in a row of revenue decline, was indeed slightly less bad than analysts expected...
      • brokensegue7 hours ago
        analysts are kinda irrelevant when a stock isn't connected to fundamentals anyways
      • Analemma_7 hours ago
        11% revenue decline during a year where the global EV market grew 20% [0]. That's just abysmal, especially for a company which was once the only game in town if you wanted a "serious" EV.

        [0]: https://www.reuters.com/sustainability/climate-energy/global...

        • wat100006 hours ago
          Tesla is often compared to Apple.

          I guess in this case it’s the Apple that dominated an emerging market, then fumbled it and completely lost the market to the IBM PC and ended up as a bit player for the next two decades.

      • verdverm5 hours ago
        I read "beating" more like ICE tactics then coming out ahead of a prediction, seems perhaps more accurate
    • rconti7 hours ago
      Bad news that is priced in is still bad news.

      The meta-commentary of the bad news being priced in, and the behavior of the stock post-earnings is absolutely useful information and valid analysis, but it's not the key takeaway unless you're a day trader.

      • 7 hours ago
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    • wat100006 hours ago
      Who cares how it compares to expectations? So some experts thought it would be even worse. Why do I care what they thought? A massive drop in profits is much more relevant.
  • indubioprorubik6 hours ago
    Tesla is stock is great. Not because its great. But because its a optin for people, who cant opt out on a system, that opted out on them. Its like the only "fast-forward technology-wise-and-break-things" button that still seems to work. You can vote in a loose cannon - and it still will refuse to break the ship.