A different way of looking at bond markets & market movers—especially troubled companies.
Platform | Substack | Pricing | Freemium | Publishes | Weekly |
---|---|---|---|---|---|
Issues | 182 | Subscribers | Read | bondangle.substack.com |
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Q1 Deliveries trailed plunging market consensus, my even lower number, and Tesla's expectations as sales crashed while it overproduced to a new record cumulative excess inventory which jumped 70% y/y
You know it's bad when delivery trends blow through even my lowest estimates—no thanks to the hapless CyberTruck which continues to shoot Tesla in the foot.
Tesla Q1 must be worse than I expected based on the uptick in Elon Musk's unhinged lies, hate speech, interference in US national security, wacko conspiracies—plus his self-flattering fake alter ego.
I referred a lot in last night's report to my latest Tesla model, updated with its disappointing fourth-quarter results. Too bad I forgot to attach it!
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Founder & CEO of Bond Angle
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