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.
Note
Trade Idea: 5/7 650p under 666. BID/ASK: 4.80/5.10
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.