Tesla's Big Sales Win Turns Sour on Profits

>Musk promises the company will adapt and zoom past 2026 hurdles If fElon promises something it has about a 0% chance of happening.

Stick a fork in them after next quarter. A recession gonna burst the bubble completely. The WorldCom of the AI bubble 🤣

I would not be surprised if this all happened

Selling Cybertrucks to SpaceX?

Their earnings tanked. Revenue doesn’t tell you anything in regard to earnings and profit. The lower profit combined with higher revenue tells you that they sacrificed significant margin in order to save face on units sold and revenue. It’s a farce. The financials looked very bad imo.

It fell too far, triggered too many people buying the dip. That triggered a lot of volume with not a lot of sellers left as they dipped out early. Crazy day.

It will get worse from now on unless they pull a magic trick. Sales are dropping. CAFE regulatory credits are going away. More lawsuits are hitting. Competition growing. Robotaxis are still fake. More competition in the battery market.

I think it was Elon. It will be manipulated to the voting date

He just bought every hour on the hour to inflate the price 😂😂

Just just have to look at the discounts they are granting in all market to sell units.

Their sales numbers are the result of indirectly lowered prices. In Denmark they did a campaign towards the end of Q3 where they paid almost 4000$ extra for any trade-in vehicles the customer brought in. Thats 4000$ cut straight from the profit margin on the sale.

Do you guys have Nio or other major ev player in Denmark 🇩🇰?

We have the Volkswagen group, currently selling around 3-4 times as many EV's as Tesla. Many other brands also have a decent EV presence, like BMW, Toyota and Renault. Nio doesnt even make it to the top 25, and the only Chinese car in the top 25 is Xpeng G6 EV's now comprise 91% of the all new cars bought by private consumers, so its pretty mainstream.

Next quarter will be a challenge as sales in US will tank due to end of subsidies. European sales continue to be down anyway. China may show some gains. Energy and robotaxi are not going to generate much. The diminishing carbon credit sales is also one to keep an eye on as many car companies have an EV line up and do not need to rely on Tesla for CC. This drove a large part of Tesla’s profit in the past.

With one exception, he does seem able to pump that stock like a wizard. I can’t wrap my head around it.

The ER looked good to anyone that wanted to interpret it as good (Elon fanboys). Either next quarter or the quarter after they’ll be out of financial magic tricks to hide behind and there won’t be anyway to contort the ER into looking “good.” Only way out of this now is for Elon to pull one of those rabbits out of a hat that he’s been promising for 6+ years.

And still, TSLA will go up...

No, it’s price is holding up since analysts still think earnings will go up next year by 30-40%. But with the rebate going away, future demand plummeting, profit margin gone, no carbon credits, and no revenue from robotaxi or Optimus, and no “new models”, it’s clear that earnings will actually go down next year. That will definitely impact the stock, as it can’t sustain this huge gap between price and earnings.

Certificate business already went down 50% Q3. Will be a lot less soon. Will generate basically 0 income.

Mate..Since when has fundamentals and logic had an effect on Teslas share price?