QUOTE(Cubalagi @ Feb 14 2020, 02:09 PM)
Huh. Tesla was at one point almost dead. The bears had real good reasons too.
They weren't delivering/producing enough cars ie they couldn't satisfy/fulfill customers orders. Yet they were taking in new orders. (Duh!)
All their projections given to their analysts always ended up way too optimistic. (Crudely put, did they feed out fei kei numbers?)
Tesla lost a shit load of money.
Worst still, they were burning up cash soooooo fast. So bad as some even started counting how many more quarters Tesla could survive at their burn rate...
And then there was that mega Shanghai factory. Really huge....
Boleh ka?
And then Tesla reported profits... Ooooh profits not losses. 100 million plus. All thanks to Shanghai...
With profits, the bears just have to cover their shorts big time. Welcome to the big squeeze!! Lol.
How now?
Shanghai is China....
You still got Trump. Will he actions hurt Tesla in the future? Big risk?
And now... Ahem... Would you dare to bet Shanghai to continue to deliver big numbers again? Any factory shutdown due to the current virus crisis?
This is Tesla.
Feb 14 2020, 03:08 PM

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