Do any of the 20 analyst that cover Tesla have any idea what the company’s earnings are supposed to be ? let’s look at history shall we?
In June of 2016, Tesla surprised the average analyst estimate by negative 215.7 percent.
In September of 2016, Tesla surprised by a positive 231.5 percent.
In December of 2016, it showed up with a negative 60.5%
Then in March of 2017, Tesla again had a negative surprise of 64.2%.
errr maybe Tesla has no idea what their earnings are…er Musk that is has no idea.
Probably nothing right?
Analyst have no idea what earnings will be because management have no idea what earnings will be.
Must be a very good business when one can’t forecast out one month or 1 year. Even better, forecasting profitability and missing it by a wide mark should give management the credibility to claim Tesla is well on its way to being a trillion dollar company. Nothing could happen between 2017 or 2020 when 1 quarter or 1 year is unanchored.