To The Moon

Even the perennially bullish crowd of analysts covering Tesla warned of sorely disappointing results in Q1, a view signaled by the poor deliveries for the quarter reported in early April.But the numbers released after the market close on April 22 were much, much worse than expected. Automotive sales tumbled 20% over the same period last year to $14 billion. Despite a strong 12-month gain in its industrial and residential battery storage franchise, overall revenues plunged 9%. Falling sales hammered profitability, sending net income down nearly 40% to a piddling $409 million, far below the over $600 million forecast by Wall Street.If you want a 10% return from here, Tesla’s stock price would need to double from today’s $235 to $470 in seven years. Of course, Musk’s machine got there just a couple of months ago. But the future looks a lot dimmer now than it did in the heady days following Trump’s election. Hitting the worth means Tesla’s market cap must also doub

Taiwan Semiconductor Manufacturing reported Q1 earnings Thursday of 69.72 New Taiwan dollars per diluted American depositary receipt, up from NT$43.48 a year earlier.Analysts polled by FactSet expected NT$67.32.Net sales for the quarter ended March 31 were NT$839.25 billion, up from NT$592.64 billion a year earlier.Analysts polled by FactSet expected NT$827.59 billion.The company said it expects Q2 revenue to be in a range of $28.4 billion to $29.2 billion. Analysts surveyed by FactSet expect $26.92 billion.

BlockBeats News, April 16th, before the epic rebound of the US stock market triggered by President Trump's announcement of a 90-day tariff deferral for most countries, Federal Representative Marjorie Taylor Greene sold US bonds and bought Amazon, Blackstone Group, and Tesla stocks.The congresswoman, who has a close relationship with Trump, disclosed the above transactions in her financial report last week. These trades are part of Greene's investment shift and were executed on April 8th and April 9th. Congressional Democrats have called for an investigation into whether individuals associated with Trump took advantage of the timing of the tariff deferral announcement to profit.

In China, where Tesla has a large factory on the outskirts of Shanghai, Musk’s automaker is more being hurt by intense competition from home-grown competitors like BYD.

(Reuters) - Hedge funds are increasingly betting against stocks, with $Nvidia(NVDA)$, $Advanced Micro Devices(AMD)$ and $Tesla(TSLA)$ as their top three shorts placed on Wednesday, a Morgan Stanley no

Tesla to Showcase 'Humanoid Robot' on Capitol Hill, Axios Reports