Musk's EV Company Stumbles

[mostlylong]

@albaby1

@mostlylong

boring earnings with no big proclamations.

I sort of beg to differ. I listened to the call. I mean, there were no intentional big announcements by Tesla staff, so I guess there weren’t any “proclamations”

Here’s an exciting call:

@McLovin1981

There was some looney stuff on the earnings call, even by Elon Musk standards.

For example, he claimed there would be 100 billion in recurring revenue by the end of 2026, and 1 trillion by 2030 maybe by 2029. Revenue is currently about $30 billion annual run rate. 3x by the end of the year is…a lot. 30X in 3.5 years is a CAGR of 140%. Good luck with that.