Opinion: Elon Musk says he is done with regular earnings calls. Tesla investors are better off.

📆 7/26/2021 11:26 PM
📰 MarketWatch

⏱ Reading Time:
34 sec. here
2 min. at publisher
📊 Quality Score:
News: 17%
Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

OPINION: After years of unforced errors on calls with Wall Street, Elon Musk says he is done, while questioning whether his own company’s new subscription product is worth the price on his way out.

Elon Musk says he is done with regular appearances on earnings calls. Tesla Inc. and its investors should be thankful.

Fewer microphones for Musk should mean fewer chances to lay potential landmines in Tesla’s TSLA, +2.21% path. One of Musk’s most dangerous current games is autonomous-driving predictions, which have already led to failed promises like a coast-to-coast autonomous driving trip and a fleet of Tesla robo-taxis by 2020.

The thing is, there is plenty of valuable information that Tesla investors need, much more than pie-in-the-sky predictions about autonomous driving. The call also included better insight into Tesla’s current supply-chain issues, including semiconductor shortages, and news that the Semi and the Cybertruck would likely be delayed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Electric cars, Solar panels and Cell phones all use what metal? Silver, my friends. Tesla, Samsung, Apple, Toyota are going to need about twice as much as is being produced now. Better hop on the Silver train. Elon is about to buy a silver mine...

It is worth reflecting upon.

horrible

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks retreat as investors watch corporate earnings, Covid casesEuropean stocks set for lower open as investors watch corporate earnings, Covid cases thanks You have no idea what investors are doing. Investors is a very broad term. AMC/AH9 looking quite bullish my dudes.
Source: CNBC - 🏆 12. / 72 Read more »

A Space Company’s Wall Street Launch MisfiresA space company trying to go public didn’t tell potential investors that its satellite-hauling technology failed, that it lost contact with a satellite in space and that its Russian founder had been deemed a national-security risk by the U.S., the SEC said Space is hard. momentusspace 👀 'Lol whoops.'
Source: WSJ - 🏆 98. / 63 Read more »