Tesla's revenue declined 3.3% quarter over quarter. Excluding regulatory credits its revenue declined 4.6% QoQ.
So, excluding record ZEV credit sales of $518m & $101m in Bitcoin sales, Tesla generated a Q1 operating loss of -$25m.
There's also trouble in China (worlds largest EV market) for TSLA that hasn't been priced in. The CCP is actively promoting a boycott of TSLA on Chinese social media.
So, excluding record ZEV credit sales of $518m & $101m in Bitcoin sales, Tesla generated a Q1 operating loss of -$25m.
There's also trouble in China (worlds largest EV market) for TSLA that hasn't been priced in. The CCP is actively promoting a boycott of TSLA on Chinese social media.
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Trade Idea: 5/7 650p under 666. BID/ASK: 4.80/5.10