Thursday, October 19, 2023

Tesla Earnings: Dear Elon, It's Not All Bad (TSLA)

The stock is down another $18.70 (-7.71%) at $223.98. That is on top of the $17.72 loss yesterday before the earnings release.

Some of the headlines at Yahoo Finance:
Wed, October 18, 2023 at 4:18 PM EDT
Tesla earnings: Q3 revenue and profit miss estimates; Cybertruck deliveries to begin in November
Wed, October 18, 2023 at 10:14 PM EDT
Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread
Thu, October 19, 2023 at 9:36 AM EDT

Tesla Earnings Slide 37%; Cybertruck Coming But Elon Musk Issues This Warning
Thu, October 19, 2023 at 9:41 AM EDT
Q3 2023 Tesla Inc Earnings Call 

And from the Babylon Bee's sister site, Not The Bee, Oct 17, 2023:

This Israeli's Tesla saved him. Hamas tried to shoot the engine but when they saw it was electric they hopped in their trucks ... the Tesla outran them at 110mph ON FLAT TIRES all the way to the ER

https://media.notthebee.com/articles/652ebc6049f9c652ebc6049f9d.jpg

This story out of the Israeli-Palestine conflict is absolutely bananas.

An Israeli man, only identified by the initial "C" found himself surrounded by Hamas on the day of the invasion on his way to report to the city's emergency squad.

The Hamas fighters started immediately firing upon the man in his Tesla Model 3, aiming at the back and the front of the car. However, since the Tesla is an electric vehicle with no front engine, they were unable to disable the car with the shots.

"They did not realize that it was an electric vehicle, so they shot at the front, hoping to hit the engine that was not there, and at the back, trying to set the fuel tank on fire that the car doesn't have. They shot my tires. I stepped on the gas and they started chasing me," C. said.

C. was chased by the jihadists and reached speeds of over 110 miles per hour. This is while the Tesla had a flat tire.

C. credited the Tesla's all-wheel drive mode for keeping him on the road. He was able to outrun the truck that was chasing him and made it to the hospital to receive treatment for the gunshot wounds he sustained.

This is some serious action-hero stuff here....

....MUCH MORE

As most Twitter aficionados know, it was Twitter's banning of the satirical Babylon Bee that set the gears in motion for Mr. Musk's purchase of the platform.