TSLA just released earnings and they are less than spectacular. They beat on EPS but missed on revenue. They also sold 75% of their bitcoin to strengthen their cash position. What I’m most worried about is companies are running out of tricks to keep their stock propped up. Tesla’s cash burn right now is so bad they had to sell their bitcoin to survive the quarter. We are in a very dangerous place and we’ll see what the following quarters do to Tesla’s stock price.
Tesla Earnings Disaster: What THIS Means For The Stock Market | TSLA
