Tesla's earnings show is more cautious -- and yes, boring -- without Elon around

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Tesla’s earnings show is more cautious — and yes, boring — without Elon around

Tesla Inc. was more cautious Wednesday in both its shareholder letter and its conference call, its first since Chief Executive Elon Musk bowed out of the quarterly earnings show, and it may have cost the stock.

Tesla also removed a clause that had led investors to believe 2021 would be an outlier growth year, when it stated previously: “In some years it may grow faster, which we expect to be the case in 2021.” When asked by investors what the company’s goal was for production capacity, Kirkhorn said Tesla seeks to increase growth by 50%, but wisely couched that goal in a way that Musk rarely does.

 

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U.S. stock futures struggle ahead of more earnings, with Tesla due after the closeU.S. stocks could struggle to follow up on Tuesday's gains, as investors watch for another big batch of results. I'm happy making good wins and cashing out massively trading with JULIE_FX_TRADER she is the best you can imagine when it comes to Crypto trading, I'm a beneficiary of her trades, I was enable to earn R30000 and now I can say she is the best. Get it intouch 👇👇 JULIE_FX_TRADER Tesla is the most overpriced stock on the market but happy for Elon .
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