Jump to content

r/ Wall Street Bets


HinesWard86
 Share

Recommended Posts

  • Replies 1.2k
  • Created
  • Last Reply

Top Posters In This Topic

1 minute ago, zzmocashzz said:

Musk

An email saying you have gold is not the same as having gold. You might as well have crypto. Money is just data that allows us to avoid the inconvenience of barter. That data, like all data, is subject to latency & error. The system will evolve to that which minimizes both.

That said, BTC & ETH do seem high lol

Do I need to tweet at him again?

Link to comment
Share on other sites

1 hour ago, ERBtheGREAT said:

Tesla crashing

was that Bitcoin buy a gimmick since they don’t actually make money?  When those credits are gone the competition is going to be fierce 

Their mkt cap was like $900 billion, when most auto co's are worth 25-50 billion, yea, it might be a tad inflated?

Link to comment
Share on other sites

1 hour ago, ERBtheGREAT said:

Tesla crashing

was that Bitcoin buy a gimmick since they don’t actually make money?  When those credits are gone the competition is going to be fierce 

why does everyone seem to think tsla doesn't make money?

2020 earnings per share $2.24

2021 expected earnings per share $4.17

and $675 is hardly crashing when tsla was around $100 a year ago

Link to comment
Share on other sites

36 minutes ago, milwaukee mike said:

why does everyone seem to think tsla doesn't make money?

2020 earnings per share $2.24

2021 expected earnings per share $4.17

and $675 is hardly crashing when tsla was around $100 a year ago

mm.....good read on TSLA

https://www.nasdaq.com/articles/teslas-profits-are-not-from-selling-cars-2021-01-30

Link to comment
Share on other sites

1 hour ago, milwaukee mike said:

why does everyone seem to think tsla doesn't make money?

2020 earnings per share $2.24

2021 expected earnings per share $4.17

and $675 is hardly crashing when tsla was around $100 a year ago

Dont they use accounting gimmicks to show that profit, for example using deposits for future orders that may never actually be purchased to make each qtr look better?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share


×
×
  • Create New...