Tesla is up more than 9% yesterday on the news yesterday after the market close that TSLA loses more money by selling more cars.
They are literally making it down on volume, so to speak.
You just cannot make this up!
But…I feel like I’ve been here before…
Yep, we have been here before. 😉
The fact that TSLA is going up on a ruined balance sheet, negative earnings and a promise of future greatness, all while sportiong a +$50 billion market cap tells us “not yet.”
The “”market”” is not ready to give up the dream. Yet.