🔥 PROBLEMS ? What problems ? 29,1 Bln cash, virtually no debt AND…
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TESLA holder and trader. Economics and tech studies, writer, traveller and chef for passion. FREE in SouthAmerica 😎
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TradingRoulette : Agree
TradingRoulette : Lets Go 190 tonight ! 220 next week!
Milk This Cow : don't know if you were listening to earning call but unless fed drop the rate, this aint going no where.
ZnWC Milk This Cow: Fed interest rate direct impact Tesla's share price is not certain. Despite the Fed rate hike in 2023, Tesla share price rose 134% YTD. It may impact EV demand but the effect is across all EV companies not just Tesla.
ZnWC : I agree that there's no problem with Tesla - still fundamentally strong among the EV industry. There's no debt and free cash flow or FCF is at the highest level since Q4 2022 (when Fed started rate hike).
The weak EV demand that Elon Musk and its team highlighted in the earnings was also mentioned in the past few quarterly earnings. Tesla bears pointed out 'problem' now is trying to bring down the sentiment towards Tesla. This also explained no one talked about 'problem' when the share price was at an all time high at USD 300 last year.