I am really, really impressed with Tesla/Elon Musk following Tesla's earnings report today.
One hopes that an "audit" of the earnings of $1.86/share doesn't show anything. If not, if Tesla really pulled this off, an incredibly good quarter, one really has to hand it to Tesla/Elon Musk. Unless something "strange" shows up, I am really, really impressed.
And, of course, that leads to the second thing: how could the analysts get it so wrong? Tesla has to be one of the most watched companies in the world. Yet every analyst forecast a loss; it was only a matter of how big that loss would be. And some analysts forecast a pretty big loss; the best forecast I saw was a loss of only 24 cents/share.
It will be interesting to see what an "audit" of the books reveals.
If this is "real," one really has to ask what the rest of the automotive world is (was) doing.
Just as amazing is how audacious/cavalier Elon Musk has been, "playing" with the SEC and getting away with it for the most part.
See a Bloomberg article here. I'm sure the comments will be most interesting.
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