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Investing - Theory, News & General • Tesla Stock Skyrocketed After missing targets!?!

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I'm mostly a passive investor, but I do sometime following financial news mostly for fun.

Recently have been following Tesla stock and was expecting it to crater after the horrendous report: Tesla's Q1 profit down 48%, revenue drops 9%
https://www.bloomberg.com/news/articles ... -estimates

However to my surprise the stock skyrocketed after Musk talked about the somewhat long-shot Robotaxi. :shock: :shock: :shock:

I know there are those among us here who hold individual stocks. I'm just wondering: does this happen very often to individual stocks? Or it just Tesla. To me it just defies logic :oops:

Statistics: Posted by FInatic — Wed Apr 24, 2024 4:09 am — Replies 0 — Views 12



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