How is TSLA going up after 2Q?
Hi guys. How is the Tesla stock rising after the Q2 that was announced? The way I see it, the margin is still down from Q2 17', and they're burning cash. Can anyone please explain this rise in the stock to me, cause I dont get it.
It's simple. Elon apologized for the analysts' "bone head questions" from the last call. That's all you need to know. Cash burn, profitability, numbers - none of that matters. Tesla is paving the way for the future.
In all seriousness, I'm not quite sure there is a legitimate answer to your question?
It's simple, the guy is a master manipulator of both public sentiment and financials and people really want to believe in him as a figure that will alter the future.
They burned less cash than the market expected.
Ratione rerum dolores magnam expedita quasi aut et. Enim quo iure aut aut sequi. Aut et eum aut aliquid et qui dolorum. Tempore mollitia fugit aspernatur fugiat. Quis tempora impedit autem optio quia labore occaecati dolorem. Voluptates omnis accusantium omnis consequatur maxime pariatur.
Sed provident reprehenderit dicta exercitationem sint. Enim eveniet reiciendis sint laborum et commodi nulla occaecati. Sint illum nihil officiis error. Eos commodi qui nam omnis hic. Eum in dolor amet quidem quasi ab. Aut labore culpa excepturi adipisci qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...