What a disappointment. Not only did profit fall, cash flow has turned negative. And this despite revenue going up.
Normally when revenue goes higher it is good. But when revenue goes high and profit crashes, this means the goods sold are not returning good margins. That is a very bad sign.
It is no wonder TSLA crashed more than 14%.
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- Phoebezzz·07-24 10:00Thanks for sharing. Agree that revenue growth without profit growth is definitely a concern. And whether this is temporary investment spending or a structural margin problem may be a key question here.LikeReport
- YNWIM·07-24 10:02I added on that 14% flush, still not selling1Report