Good thing I didn’t listen to Tee yesterday and sell. I am cashing a check today though but staying in. For damn sure.
Tesla blows out analyst expectations with its delivery numbers for Q2. For the first time in a while it delivered more cars than it produced.
Tesla has now delivered over 6 million cars all time. Turbulent times in a sector cause everyone pain but the leader always commands the high ground. Price cuts hurt margins but they are really crushing the competition.
Almost hidden in the details, Tesla broke a record for energy storage deployed. It’s not just a car company.
Tesla delivered 443,956 vehicles on Q2. About 33k more than production.
9.4 GWh of energy storage deployed. This is a big deal.
Impressive quarter that will show big improvements in earnings compared to last quarter.
Some people knew these numbers yesterday, and absolutely crushed it. The Street always knows.
Musk teases bigger things to come but then he is always doing that. Sometimes he is right and when he is right we make money. Lots of money.
Pardon my giddiness but gottdamn, what a way to start the day.
Frankly, I feel vindicated guys. Never let your political views affect your investment decisions. And I say that as a reminder mostly for myself.