What was the reaction to Tesla's most recent earnings call?
07/21/2023 β’
The reaction was largely negative. β The majority of the opinions express disappointment, skepticism, and concerns about the sustainability of price cuts and doubts about the stock's recovery.
Stats
82% | 517 | |
18% | 113 | Bluesky |
67% | Negative |
24% | Neutral |
9% | Positive |
42% | π‘ Anger |
32% | π’ Sadness |
18% | π Joy |
8% | π± Fear |
0% | π₯° Love |
0% | π― Surprise |
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π
π±
Story
- There is disagreement on whether Tesla's recent earnings call was a strategic move to under-promise and create a negative market perception, allowing Tesla executives to buy more stock at lower prices. Some individuals believe in this theory, while others express disappointment or skepticism.
- Some people argue that Tesla's Q2 earnings call only slightly beat analysts' expectations due to severe price cuts enabled by overstock, and express concerns about a possible future sales slump when these price cuts are no longer sustainable.
- A certain degree of skepticism exists towards Elon Musk's trustworthiness during earnings calls. Some individuals suggest his words contribute to Tesla's stock decline and imply that if he had remained silent, the stock might have performed better.
- Multiple individuals express disappointment with Tesla's earnings call and predict that it will negatively impact the company's stock performance. They also attribute negative outcomes to Elon Musk's ownership and anticipate him lashing out due to expected stock decline.
- Some people criticize those who bought Tesla stocks based on the earnings call, considering them naive or ill-informed investors. They believe that these investors deserved their losses given the market's recent bull run.
- Individuals highlight a recurring pattern where Tesla's stock tends to drop after every good earnings call. They express confusion as to why others expected a different outcome this time.
- A few individuals mention specific moments from Elon Musk's statements during the earnings call, such as his comments on AI and other car companies copying Tesla. These remarks seem to have influenced their perception of the call.
- Some people view Tesla's recent earnings call positively, appreciating Elon Musk's discussions on various topics such as Nvidia, Cybertruck, Warren Buffett, and the dangers of debt.