Tesla’s 2024 financial results are out—and they’re terrible
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Receiving $2.4 billion is nice. But not if you had to pay $1265 billion (market cap) for the privilege.
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every other car manufacturer would kill for a deficit of only 500 mill for the year
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Again, more reason for baby musk to cry at baby trump about how it isn’t fair and he NEEEDS American tax dollars to fight the China EV invasion.
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And every other car manufacturer has valuation multiplies 12x lower than Tesla's. Musk's worst nightmare is investors treating Tesla like a car company. That's why he keeps pushing on "Tesla is an AI company that makes cars, not a car company."
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So they are making bank on storage and energy, but they are allowing Trump and the EPA to ruin it? Also he makes electric vehicles and Trump and Co are trying to bring back gas guzzlers and straight pipes. Hmmm. I think Elons mouth wasn't sufficiently moist enough for trump.
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Oh Yeah I completely agree, apparently everyone is super touchy with everything elon and couldn't take the joke.
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Value investing isn't dead. There are tons of value investors, and they aren't the ones buying Tesla.
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Tesla’s share price increased by 103% over the same period.
It's funny when people cry about crypto being a scam when the entire "economy" is a casino based on genocide.
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Teslas are objectively trash. 1 out of 3 model 3s didn't pass the mandatory inspection in Denmark 4y after purchase which results in tje cars becoming very expensive paper weights given how expensive it is to repair the modal issues. I'm amazed these data weren't more divulged by media since they come from the Danish state.
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Declining profitability is good for the share price, right?
The good news is value investors are out, pump and dumpers are in! Stock price to the moon!
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Also remember that Tesla owns I think just shy of 10K Bitcoins that actually allowed its numbers this quarter by $600 million. And the way Trump has his minions pulling all crypto regulations look for Tesla to exploit it to the max going forward. Maybe they'll even buy some $TRUMP coins and announce $ELON coins for foreign entities looking to launder money destined for the White House.
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