Uplifting News
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It's depressing how much headlines can deceive. This is /r/politics all over again, with the most "technically true" statements that get people excited but the results you expect from reading the headlines will never come
hey. stocks do NOT reflect profit. a stock is not what makes money it's just a share % of the company/investment. just because stocks go up does not mean a company is making profit. there is a HUGE difference! please understand that, thank you.
Profits have nothing to do with Tesla’s stock price, unfortunately.
Tesla stocks skyrocketed when Musk looked like he was unoficially elected as the new president. Now that he's got all the files he needs via Doge and he's backing out, they went back to normal growth.
Tesla's stock price going up or down is a completely different matter than company earnings. The report is on their actual company profits, which are down 71% -- meaning they aren't selling as many cars. That's a big deal. Let's keep making sure that owning a Tesla becomes completely socially unacceptable.
The issue is less that they've returned to normal growth and more that they have lost countless future sales. This is only the beginning of Tesla's woes.
Sure... Maybe... People have short memories. Over a million people died and tons of people voted to reelect Trump.