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estearum • yesterday at 2:03 PM • 1 reply • view on HN

You're aware that "beat" means "beat expectations," right? You're aware that expectations are increasingly that Tesla's business is struggling?

TSLA is down 18% YTD. That's because their business is doing so well?


Replies

throwawayfifo • yesterday at 3:13 PM

>You're aware that "beat" means "beat expectations," right?

You're aware that the "expectations" are they run a profitable company, right?

>You're aware that expectations are increasingly that Tesla's business is struggling?

You're aware that the expectations are increasingly that Tesla's business is stable, and showed record deliveries and backlog in Q2?

>TSLA is down 18% YTD. That's because their business is doing so well?

Auto manufacturing sector (DJUSAU) is down 16% YTD, and Tesla's stock is overpriced to begin with. Tesla's most direct competitor in the US, Rivian, is down 34% YTD. Stop getting your business/economic news from BlueSky/reddit.

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