Agreed and the stock is performing like it always does after an earnings call -"buy the rumor, sell the news', which is going to become even more extreme as everyone else can see this obvious trend and is going to do the same.Having listened to many a TSLA shareholders call, as well as live "reveal" events, that is just Elon Musk. He is very casual, off-the-cuff, and his Aspergers can make him seem a bit awkward. He is not your classic public speaker, but this call seemed no different than dozens of others, to me at least.
EllonMusk "Destroyer of Shorts" laying a bear trap!Granted i have not listened to musk much at all during an investor call but i did listen to the whole thing live in anticipation of some ct news. He seemed to me to be somewhat scatter brain and goofy sounding. Maybe that's his style but just seemed like too much laughing and giggling for a professional setting.
Then i read this today and apparently some others have thought the same. Sidestepping the ct questions were disappointing as well
https://finance.yahoo.com/news/investors-dump-tesla-stock-musk-100055956.html
Having listened to most of Elon's words since 2017, my impression of his demeanor on the 2023Q2 call was he sounded more lucid and articulate than ever. I was most impressed by his and the team's level of confidence, as evidenced by their "laughing and giggling"! In the last year or so they have mastered the ability to respond to a stupid or redundant institutional investor question by turning it into an opportunity to share yet another way Tesla is dominating multiple industries, rather than calling it a "bonehead" question. "Laughing and giggling" is real human emotion, its what people do when they enjoy their work. It attracts and inspires the smartest to achieve the impossible. Jim Farley is beginning to loosen up. If you want a "profession setting" go listen to Mary Barra's call, where you will get zero inspiration and little information. No joy will come to those who crave news about the Cybertruck until Tesla is ready. This, nor any other Musk business is about satisfying short term enthusiast cravings nor near term financial performance of future products. Its only about the long term goal of creating and dominating entire market segments. They have demonstrated in the past month that they are well on their way to creating their first Cybertruck assembly line and and have already showed RC1. That line has a capacity of 250-500 thousand trucks a year. And that is only their first CyberTruck assembly line. To me whether the single motor is $40K or $50K is less relevant.Granted i have not listened to musk much at all during an investor call but i did listen to the whole thing live in anticipation of some ct news. He seemed to me to be somewhat scatter brain and goofy sounding. Maybe that's his style but just seemed like too much laughing and giggling for a professional setting.
Then i read this today and apparently some others have thought the same. Sidestepping the ct questions were disappointing as well
https://finance.yahoo.com/news/investors-dump-tesla-stock-musk-100055956.html
For me its "buy the dip after the sellers sell the news"?? VS ??Agreed and the stock is performing like it always does after an earnings call -"buy the rumor, sell the news', which is going to become even more extreme as everyone else can see this obvious trend and is going to do the same.