Fallacy Alarm

Fallacy Alarm

TSLA 3Q23: Depressed Elon.

Financials were disappointing, but not much can be expected anyway in this macro environment. What's most concerning is management's communication which is confusing & alienating loyal shareholders.

Rene Bruentrup's avatar
Rene Bruentrup
Oct 19, 2023
∙ Paid

Today, Tesla TSLA 0.00%↑ announced their 3Q23 earnings. It was a clean miss with non-GAAP EPS of $0.66 (vs. $0.72 expected) and $23.4bn revenues (vs. $23.9bn expected). I have mixed feelings about this earnings release. On the one hand, I am disappointed about Tesla’s present operating performance and Elon’s depressed vibes on the earnings call. But on the other h…

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