iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,618 Blog Posts

Tesla Misses On Earnings; Stock Unch — Bears Eternally BTFO

This is a battle the bears on TSLAQ cannot win. Elon is flying fucking rockets into outerspace, creating silent leaf blowers, blow torches — things of that nature. His cars make other cars look like horses and you’re shorting the stock — because you don’t like his tweets and you’re forever butthurt because his IQ is 100 points higher than yours.

CNBC sucking Tesla-Bear dick.

After hours, Tesla didn’t even come close to matching earnings, yet the stock is unchanged. This is equal to getting kicked down a flight of stairs, but first someone snipping your balls off with a pair of pliers.

Tesla misses by $1.93, misses on revs; guides significantly reduced Q2 net loss, below estimates; expects to return to profitability in Q3; reaffirms FY19 production, expects positive OCF less cap-ex every quarter; unveils Model Y pricing

You can cite all of the fucked up tweets you want regarding Musk, and even bitch and moan about top level employees leaving and nothing will change. The stock isn’t going much lower and likely to go higher. You are literally betting against the man likely to build a fucking time machine. When your net worth hits $00.00 for placing this erroneous bet, don’t ever forget that Le Fly tried to save you.

If you enjoy the content at iBankCoin, please follow us on Twitter

10 comments

  1. heckler

    Cobra Kai Season II you motherfuckers

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. heckler

    Who doesn’t fucking love that show!?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. mrcharlie

    Damn I have yet to see it, meanwhile I bought a couple cobra kai shirts for friends I saw in vegas for march madness since they are huge fans. Need to catch up

    https://popthreads.com/cobra-kai-karate-kid-dojo-retro-martial-arts/?sku=1191525&gclid=EAIaIQobChMIyv28wpTr4QIVjo7ICh3_hwTfEAkYCyABEgJDTPD_BwE

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. numbersgame

    You’re goign to be eating your words, Fly. I’m bookmarking this. TSLA has a huge support multi-year support line at $250. If it fails, this stock will drop QUICK.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • numbersgame

      Also, yes, Musk is a genius, but a cut-off-your-own-ear type of genius. The type you want *working* for your company, not *running* it.

      TSLA is an example of why Computer Engineers shouldn’t be designing Cars.

      Boeing is an example of why Computer Engineer shouldn’t be designing planes. (“Well, if the angle-of-attack sensor stops working, they can just reboot the plane and it will be fine.”)

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  5. oldmantrader

    $TSLA starting to look ominous. Musk staring into the abyss.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. oldmantrader

    I should add that this is the level Elon has pulled something out of his A$$ to save the stock. Will this time be different?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • numbersgame

      Already trying:

      “By the middle of next year, we’ll have over a million Tesla cars on the road with full self-driving hardware, feature complete, at a reliability level that we would consider that no one needs to pay attention…

      From our standpoint, if you fast forward a year, maybe a year and three months, but next year for sure, we’ll have over a million robotaxis on the road.”

      – Elon Musk, 2 days ago

      The problem that *most* car manufacturers recognize is that a 99.99% reliability is not good enough when it comes to preventing robo-cars from assasinating people (drivers and pedestrians). Computer engineers just throw the product out there and let consumers finds the bugs as they go.

      A big advantage of Musk’s high-risk apporach is that evry mile any Tesla drives (or is driven) provides feedback for their machine learning system. Pattern recognition and imitation is waht ML is best at, so they will be able to imitate their human drivers.

      The problem arises when the robo-driver comes to a situation that it has little or no expereince with (0.01%). That is the big difference between increasingly common Machine Learning algorithms and *real* Artificial Intelligence.

      • 0
      • 0
      • 0 Deem this to be "Fake News"