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Thread: Tesla reported the biggest loss in its history. But it could've been worse

  1. #1
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    Just Jon's Avatar
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    Tesla reported the biggest loss in its history. But it could've been worse

    Tesla reported its largest quarterly loss in its history on Wednesday and burned through $430 million in cash over three months. But investors didn't freak out. Wall Street was expecting worse.
    https://money.cnn.com/2018/08/01/new...kup/index.html
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    It went from "they're totally running out of money and nothing is working" to "oh, Elon looks happy, everything must be cool" instantaneously.

    I'm waiting for the criminal investigations to start.
    They speak in bulletpointese leftist nutjob drivel. It doesn't matter. Nothing is as great a motivator as the chance to truly be free.
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    Quote Originally Posted by Jester View Post
    It went from "they're totally running out of money and nothing is working" to "oh, Elon looks happy, everything must be cool" instantaneously.

    I'm waiting for the criminal investigations to start.
    It just goes to show you how little rationality there is in the market. That should really concern people heavily invested in the casino.
    "Democracy is a form of worship. It is the worship of jackals by jackasses." H.L. Mencken

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