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copacetic@discuss.tchncs.de

Tesla’s 2024 financial results are out—and they’re terrible (arstechnica.com)

submitted 20 hours ago by copacetic@discuss.tchncs.de to c/automotive@discuss.tchncs.de

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[–] RangerJosey@lemmy.ml 14 points 20 hours ago

Wouldn't expect the sales of Swasticars to improve any time soon.

[–] GalacticGrapefruit@lemmy.world 10 points 20 hours ago

Good! Tesla deserves far worse!

[–] glimmer_twin@hexbear.net 2 points 20 hours ago

Selling regulatory credits is by and large how they’ve made money over the years

[+] OsrsNeedsF2P@lemmy.ml -9 points 19 hours ago (3 children)

checks stock

It's up

Yep, this article is obviously pushing an agenda. People who are willing to put their money on their opinion think otherwise.

[–] MothmanDelorian@lemmy.world 8 points 19 hours ago (1 children)

Are you under the impression that the stock market is rational?

[–] salmoura@lemmy.eco.br 3 points 19 hours ago

Specially in the short term.

[–] icerunner_origin@startrek.website 6 points 19 hours ago

I'm expecting the federal government to find an urgent need for a large number of Tesla vehicles in the near future. Bypass the consumer and send their money directly to nazi man.

[–] copacetic@discuss.tchncs.de 2 points 19 hours ago (1 children)

That means the numbers were not worse than expected. It was always priced in.

[–] Blue_Morpho@lemmy.world 1 points 19 hours ago (1 children)

"Priced in" is the proven false idea that markets are rational. Warren Buffet couldn't have become a billionaire if "priced in" was true. Because otherwise there would never be undervalued companies to purchase.

[–] copacetic@discuss.tchncs.de 1 points 19 hours ago* (last edited 16 hours ago) (1 children)

The efficient market hypothesis does not claim anything about “rational”.

[–] Blue_Morpho@lemmy.world 1 points 18 hours ago (1 children)

I'll amend my statement. If markets were actually efficient then Warren Buffet couldn't have become a billionaire because everything would have already been "priced in".

[–] copacetic@discuss.tchncs.de 1 points 15 hours ago

This paper concludes that Buffett did essentially do factor-investing.

I don't really understand why the efficient market hypothesis (EMH) and factor investing don't contradict each other but smarter people think they don't (e.g. Fama who co-invented both). The general consensus seems to be that the weak form of EMH is correct but the semi-strong and the strong EMH probably not. However, while markets may not be perfectly efficient they can still be very close. This is why I believe that "priced in" often works in practice and is a useful concept.