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Tesla had profit of $2.5b in Q1 (https://www.cnbc.com/2023/04/19/tesla-tsla-earnings-q1-2023.html) Tesla had profit of $3.1b in Q2 (https://fortune.com/2023/07/19/tesla-quarterly-earnings-beat-shares-flat-elon-musk/) .6bn growth, QoQ = 20% Why is this so hard for you? I apologize if you feel gaslit-- that was me (the big dummy) trying my level best to genuinely understand your position.
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I 100% should have stayed out of hot-bed threads with the usual, mediocre, sad sack people as he suggested. Especially with so many great threads and discussions, and during what is shaping up to be a really special football season. But a) I'm not trolling and being anything but sincere and earnest and b) I don't think I'm wrong and it's weird to me that the same cabal of pathetic posters who make up maybe 1% of this great community, think they represent and speak for the masses. In reality some people just don't want a dissenting opinion or point of view on political and social topics that are fair to have a wide variety of opinions. Just on this Elon thread, one guy said "um, hey, just a quick reality check, but you guys do know that it's a consensus from a lot of people who know a lot about this stuff that indeed the UAW is posed to help Tesla out, right?" but because it's not hateful shlock, it's met with skepticism at best, and outright derision and outrage, if you are disliked.
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Then I'm world class stupid, because I promise you I'm not trying to be dense here, but I think you are wrong (where I bolded). You seem to conflate profit margin and profit, I think. Profit margin dips, not necessarily profit, as profit is a dependent outcome based on the variable of volume and revenue (versus cost). Do you see how you may have confused yourself into thinking you are smarter than literally every reputable news source who reported something similar to what the WSJ said and what IBD says here, "Tesla reported Q2 profits growing 20% to 91 cents per share while revenue increased 47% to $24.93 billion." Yes profit margin went down. But, because of unit of sales going up due to the price cuts, revenue and volume went up, increasing profit (even with a lower margin on every new unit). @NoName can you explain what you learned today to @hayden_horn?
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I *think* I see what you were trying to say now. Are you trying to say that it was the energy generation and storage business units that buoyed the profit 20% in Q2 versus the automotive segment? If so, that is an interesting way to try and move the goalposts, especially when your question was "i have a simple one for you: how much was tsla profit up in q2?" where you used the stock ticker abbreviation implying the question was put to the entire organization, including all business units. I still think you are off the reservation here (or I'm still not following and you are being very cryptic and coy for some weird reason, which isn't helpful).
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Are you suggesting that Tesla did not have a 20% increase in profit in Q2? Are you suggesting that you read the 10-Q and came to a different conclusion? Are you suggesting that not only do you know better than multiple main stream financial writers and beats, but that we should eschew that "secondhand" reporting and go to EDGAR, SEC, 10-Q, 10-K, etc. documentation and create our own analysis for ourselves? Can you clearly state what it is you are saying? Example: "WSJ and the other links posted on here are wrong, Tesla profit did not go up 20% in Q2 and this is shown on the 10-Q at XYZ" because I'm missing your point.
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If the bullpen blows this lead..............
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Baby Evan doing work!
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Balt is winning in top 5, tho!
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Oh geez, modern day Football Job. I hope it will work out for him and his little girl!
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Nobody is advocating or saying that death threats are ever appropriate or acceptable. But I mean, aren't we in the FAFO era? Demon time, as the kids call it? You cheap shot and in a dirty play you break someone's ribs or whatever and cause them to miss 3 weeks, blow up their Heisman chances (whoever minimal they truly were) and play with not only his money but a lot of people's money, you gotta expect some smoke.
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The Business of Hollywood & Streaming
animetobacco replied to HamsterHookah's topic in Movies and TV
That's some bulljunk, lying rationale, but at least he's not going through with it. But we all know the truth, Bill. We know.
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