by Tyler Durden
Tuesday, Apr 27, 2021 - 09:30 AM
As we noted yesterday, Tesla posted earnings yesterday that - at first glance - looked to beat estimates. Until, of course, one realized that a majority of the company s profit came from trading bitcoin and selling ZEV credits. You can read our full writeup and analysis on the results here. As we said yesterday, post-results, not even TSLA s usual cheerleaders were ecstatic about the results: “Everything happened that people thought would happen,” Gene Munster told Bloomberg yesterday.
“There’s not a lot of news and it wasn’t a blowout.”
On Tuesday morning, more analysts began to offer their take on the report. GLJ Research s Gordon Johnson took to CNBC on Tuesday morning to offer up his insights:
Tesla Motors, Inc (NASDAQ:TSLA) - What to Expect From Tesla s Q1 Earnings Report On Monday benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.