Tesla Discloses US Revenues Collapsed 39%



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ORIGINAL POST

Posted by Ed 46 days ago

This morning, Tesla filed its Form 10-Q quarterly earnings report with the SEC, a moment when no one was supposed to pay attention after the surprise quarterly profit that had caused such a hullabaloo last week.

 
The 10-Q provides a pile of additional detail that Tesla is not required to disclose in its promo-laden earnings report that was primarily designed to downplay its first year-over-year revenue decline since the Financial Crisis.

 

But that revenue decline is a lot more nerve-wracking than what it looks like on the surface.

 

What Tesla disclosed last week:
 
 
 https://wolfstreet.com/2019/10/29/tesla-discloses-us-revenues-collapsed-39-americans-sour-on-its-cars-pent-up-demand-exhausted/

COMMENTS

Ed 46 days ago

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