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researcher59

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Re: bbotcs post# 114091

Friday, 07/05/2024 4:53:24 PM

Friday, July 05, 2024 4:53:24 PM

Post# of 114321
TSLA +5 to 251 and up a stunning 50% in just the last 3+ weeks all because Q2 deliveries were "only" down 4.8% y/y. And gross margins were probably way down from a year ago. Now trading at around 100x 2024 EPS estimates, this rally looks a tad overdone, but the Tesla fan club keeps bidding it higher ..... maybe the earnings report on 7/23 will chill the enthusiasm ?

https://www.wsj.com/business/autos/teslas-second-quarter-vehicle-deliveries-fell-4-8-7dea363d?st=r2zupl0i2qw5kve&reflink=desktopwebshare_permalink
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