Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

When you absolutely, positively, must find a nice thing to say about Tesla, yes, their 11% revenue decline - their second year in a row of revenue decline, was indeed slightly less bad than analysts expected...


11% revenue decline during a year where the global EV market grew 20% [0]. That's just abysmal, especially for a company which was once the only game in town if you wanted a "serious" EV.

[0]: https://www.reuters.com/sustainability/climate-energy/global...


Tesla is often compared to Apple.

I guess in this case it’s the Apple that dominated an emerging market, then fumbled it and completely lost the market to the IBM PC and ended up as a bit player for the next two decades.


Except Apple ditched their firebrand founder to fumble it all. In Tesla's case they are tied to the hip of their "founder" and are fumbling it.

Stonk still high though so...


analysts are kinda irrelevant when a stock isn't connected to fundamentals anyways


I read "beating" more like ICE tactics then coming out ahead of a prediction, seems perhaps more accurate




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: