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Tesla Releases Its Quarterly Results: Never Mind (The Big Point)

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.

Yesterday, Tesla confessed to another dismal quarter. Despite losing over forty percent of its market capitalization year-to-date, the stock is not inexpensive.

The company failed to satisfy analysts’ estimates of revenues or earnings. Management could not provide a credible plan for any short-term improvement.

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