MatureDJ
Master Don Juan
- Joined
- Apr 30, 2006
- Messages
- 12,614
- Reaction score
- 5,101
Tesla tumbles 14% to 11-month low as profit miss, capex spending outlook weighs on stock
Tesla stock sold off on Thursday after the EV maker reported mixed second quarter results that missed Wall Street expectations. Cash burn and production of physical AI products like Cybercab and Optimus could be a concern.
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.

