115 pointsby coloneltcb10 days ago4 comments
  • rich_sasha9 days ago
    Good job the PE ratio increased in lockstep, more than compensating for the earnings going down the toilet. Just hodl and chill.
  • HardwareLust10 days ago
    Why is this flagged?
    • cmsj9 days ago
      Meme stock must be protected, apparently.
    • johnnyanmac8 days ago
      Stories like this being flagged is exactly why I feel this HN commitment to curious and quality readings is completely broken. If some super minority of users need to weaponize the site's features to hide an earnings call, can those users really be trusted with flagging privileges?
    • lawn9 days ago
      Negative coverage about Musk or Trump is usually flagged. Sometimes vouching and upvotes negate it, but not always.
    • rsynnott9 days ago
      Heresy against Dear Leader!

      Anything insufficiently complementary of either Musk or Trump tends to get flagged by their weird simps.

  • guywithahat10 days ago
    I guess that's one way of saying Tesla beat revenue and earnings expectations. Stock price went up 3% in after-hours trading.
    • cmsj10 days 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...
      • Analemma_10 days 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...

        • wat1000010 days 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.

          • r00fus9 days ago
            Except Apple ditched their firebrand founder to fumble it all. In Tesla's case they are tied to the hip of their "founder" and are fumbling it.

            Stonk still high though so...

      • brokensegue10 days ago
        analysts are kinda irrelevant when a stock isn't connected to fundamentals anyways
      • verdverm9 days ago
        I read "beating" more like ICE tactics then coming out ahead of a prediction, seems perhaps more accurate
    • rconti10 days 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.

      • 10 days ago
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    • wat1000010 days 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.
  • indubioprorubik10 days 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.