AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Introduction
Rob May: I'm not surprised by this reaction time and time again throughout the earnings call, Elon Musk pretty much said the exact opposite of what Wall Street was wanting to hear or hoping to hear. When you see earnings decline even though revenue and deliveries are growing, that's a huge red flag for any company, let alone a company that has a high earnings multiple. The single item that I have talked about so far has been a short term item. These are pretty much the only things that matter to Wall Street. And that has been one of the core tenants that has allowed retail investors with a longer-term approach to find such great investing opportunities in Tesla.