Tesla Sales Down Bigly

bambino's Avatar
Those two things have nothing to do with each other. And China keeps eating trump's lunch every day, in case you haven't been paying attention.

Tesla's sales will remain down as long as Musk is involved. The world hates him. It has zero to do with China, or trump's retarded economic "policies". Originally Posted by tommy156
I’ve been paying attention. You obviously haven’t.
bambino's Avatar
Correct. The trade war between the U.S. and China isn't among the primary factors for why Tesla sales tanked last quarter in places like Europe or why they're still problematic so far this quarter Originally Posted by HDGristle
You brought up China Mr Gristle.
I’ve been paying attention. You obviously haven’t. Originally Posted by bambino
Lol. Ok then, please regale us with the tale of how China caving to trump's tariffs will revive Tesla sales.

lustylad's Avatar
Hot daayuum!!

Tesla's stock price popped by over 40% in the past month alone. Market cap is almost $1.1 trillion. Sure looks like the smart money has plenty of confidence in Elon!


https://www.tradingview.com/symbols/.../?timeframe=1M
bambino's Avatar
Hot daayuum!!

Tesla's stock price popped by over 40% in the past month alone. Market cap is almost $1.1 trillion. Sure looks like the smart money has plenty of confidence in Elon!


https://www.tradingview.com/symbols/.../?timeframe=1M Originally Posted by lustylad
Yep. Already posted that for Mr Gristle. He just doesn’t get it. But he was ebullient when InBevs stock was up when Bud Lite sales tanked.
HDGristle's Avatar
Pleased as punch the stock popped, that helps me imy. Doesn't have much to do with the vehicles sales part of the business.

https://finance.yahoo.com/news/tesla...121040716.html
lustylad's Avatar
Pleased as punch the stock popped... Doesn't have much to do with the vehicle sales part of the business. Originally Posted by HDGristle
Better keep your day job, Gristle. You'll never be hired as an analyst on Wall Street.
HDGristle's Avatar
Meanwhile, Goldman Sachs analyst Mark Delaney said he expects higher software revenue from Tesla's full self-driving longer term can counteract some medium-term headwinds. The firm, however, kept its neutral rating andcut its price targeton the stock.

But the report was not enough to sway some Wall Street bears, with UBS and Wells Fargo retaining their sell and underweight ratings. Wells Fargo analyst Colin Langan trimmed the firm's price target to $120 from $130.

"Sentiment may drive the stock temporarily higher into a June robo-taxi launch, but we believe this maybe a sell the news event for some investors. The potential catalyst of the low-cost vehicle launch may be removed as well," UBS said.
Those analysts know that the sales and NI drops didn't pop the stock.
lustylad's Avatar
Those analysts know that the sales and NI drops didn't pop the stock. Originally Posted by HDGristle
I never said they did. Wall Street looks forward, not backward. Sales and earnings GUIDANCE must look pretty decent for the stock to pop by 40% in one month. Doesn't matter if it's driven by vehicles or software, the shareholders benefit either way.
HDGristle's Avatar
Not for vehicle sales. They cut the guidance after that bloodbath of a Q1. Q2 isn't looking too good either.
lustylad's Avatar
So now you're admitting sales and earnings guidance DO impact stock prices. Good to see you're learning.
HDGristle's Avatar
The sales drop def didn't help it pop.

And this was definitely not good for Tesla

https://www.reddit.com/r/europe/comm...n_14_european/
bambino's Avatar
Better keep your day job, Gristle. You'll never be hired as an analyst on Wall Street. Originally Posted by lustylad
Day job? He says he goes to an office. He must be a two computer screen guy. One for Eccie, one for googling TDS info to post on Eccie. Every car company in history has gone thru sales slumps. Tesla is fairly new to the game and is here to stay. As we both have posted, Tesla has a trillion plus market cap. Elon and his team will figure it out.
HDGristle's Avatar
We'll need to see if the Model Y catches fire in ways the Cybertruck hasn't.

Not literal fire. Just actual interest

https://en.softonic.com/articles/apr...teslas-model-y
Day job? He says he goes to an office. He must be a two computer screen guy. One for Eccie, one for googling TDS info to post on Eccie. Every car company in history has gone thru sales slumps. Tesla is fairly new to the game and is here to stay. As we both have posted, Tesla has a trillion plus market cap. Elon and his team will figure it out. Originally Posted by bambino
,,, They've figured out how to get their shares A-RISING!

Up 50% in the last few weeks...

#### Salty