MatureDJ
Master Don Juan
- Joined
- Apr 30, 2006
- Messages
- 12,550
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Tesla stock slides after profit miss; full-year capex spend of $25 billion confirmed
Tesla stock fell early Thursday after the EV pioneer reported mixed second quarter results that missed Wall Street expectations. However, its cash burn rate was less than expected. Investors may be looking for more on its physical AI build-outs.
It's 10% OVER for TeslaCels.
My advice, as a man who is actually a real-life success in investing, is that all of Musk's companies are overvalued. The P/E ratios are just ridiculous, and he is not going to own the world.
