In Marin County, There's Trouble in Teslaville

Comments (2)

bookofjoe · 2d ago

jqpabc123 · 2d ago

Tesla's profit margins basically vanished last quarter.

If it hadn't been for selling environmental credits, they would have lost about $200 million.

Sales of their old EVs is shrinking worldwide, they have no new product to take their place. The Cyber truck is a dud.

About all they got is robots and robotaxis --- which don't really exist and probably won't be profitable for years if they ever do materialize.

And yet, the stock is up about 25% since their disastrous quarterly results with a P/E of 150. Absolutely OUTRAGEOUS.

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In Marin County, There's Trouble in Teslaville

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