https://www.marketwatch.com/story/t...s-larger-quarterly-loss-sales-miss-2019-07-24 Tesla stock tanks after company’s larger quarterly loss, sales miss ‘Demoralizing’ loss of $408 million in second quarter; CTO Straubel leaving https://www.businessinsider.com/tesla-q2-earnings-put-plan-for-profitability-into-doubt-2019-7 Tesla's whole plan for making money may have just gotten blown sky-high Tesla lost over $400 million in the second quarter despite record sales, especially of its new Model 3. This throws Tesla's plan to become profitable by selling a high volume of Model 3 cars into doubt — and that's been the company's plan for years. At the beginning of this year, CEO Elon Musk said the company would be profitable going forward, now Tesla says it's going to try for profitability, "although continuous volume growth, capacity expansion and cash generation will remain the main focus." If a record volume of sales won't push Tesla into profitability, it needs a new plan that will. but wait; he's got a plan! https://www.dezeen.com/2019/07/22/elon-musk-neuralink-implant-ai-technology/ Tesla founder Elon Musk has launched tech startup Neuralink to build implants that connect human brains with computer interfaces via artificial intelligence.
Wrights law (new to me) and doubling of margins? https://research.ark-invest.com/ark...D_fydlbjvicwAr3yoU_PYr-sXl6jmQ&_hsmi=75565590
%% Good news + bad news. The good news is 50dma + 200 day moving average is still ''inverted'' LOL. That doesn't predict doom ; but cant blame that on a summer slump . The bad news is so much bad news for so long+ year to date is -33%,
One not incredibly important technical feature of the car is irrelevant to the conversation. What is not irrelevant though, the stock is down $20 in 2 days.
WHAT!!!!! "Ability to stream YouTube & Netflix when car is stopped coming to your Tesla soon! Has an amazingly immersive, cinematic feel due to the comfy seats & surround sound audio,”... Several other upcoming V10 features were revealed by Musk on Twitter, including new games, infotainment features,... Watching a movie on Tesla V10.0 is great, in large part due to the sound system…feels just like an old school drive in movie experience, but with much better sound.”... Also mentioned was a feature called “Joe Mode” which would lower the volume of Autopilot warnings and notifications by half." It's a car, not a fucking movie theatre. The last thing distracted American drivers need is more distraction. I've said it before and I'll say it again... TSLA is a dog, take it down.