Musk’s Wealth Shrinks By $16 billion After Tesla Earnings Miss

Bloomberg2023-10-20

Shares slump after repeated price cuts weigh on marginsMusk is still world’s richest person with $210 billion fortuneElon Musk’s fortune slumped by $16.1 billion Thursday after Tesla Inc.’s weak third...

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enjoylife168
2023-10-20
enjoylife168
资本市场给你资金充配时，不好好专心经营Tesla ，还去并购X公司，这样同时经营管理太多公司了，当碰到融资中期高利率环境下，会很难想像目前面临各家公司获利都在衰退时，不知你要如何取舍应对

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Tesla’s shares fell by 9.3% after it missed both earnings and sales expectations for the quarter.In a conference call following the earnings release Wednesday, Musk repeatedly mentioned the toll of high interest rates on consumer confidence. The electric-vehicle juggernaut reported its first quarterly fall in sales this year, delivering 435,059 vehicles, while margins fell to the lowest in over four years after the company repeatedly cut prices for its cars.Still, Musk’s wealth is up by more than $70 billion in 2023 alongside a rebound in Tesla shares despite the deteriorating fundamentals. After briefly being overtaken by LVMH’s Bernard Arnault, he’s once again the world’s wealthiest person by a wide margin.Despite its struggles, Tesla maintains that it will put 1.8 million customers into new vehicles by year-end. Tesla remains the most valuable vehicle producer in the world and said it will deliver its first long-awaited Cybertrucks in November, about two years behind schedule.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":232594833871120,"gmtCreate":1697813611011,"gmtModify":1697813613364,"author":{"id":"3497006675108652","authorId":"3497006675108652","name":"enjoylife168","avatar":"https://static.tigerbbs.com/e6aa6e5e2392f958e0b4f4c6bac84d1f","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"资本市场给你资金充配时，不好好专心经营Tesla ，还去并购X公司，这样同时经营管理太多公司了，当碰到融资中期高利率环境下，会很难想像 目前面临各家公司获利都在衰退时，不知你要如何取舍应对","listText":"资本市场给你资金充配时，不好好专心经营Tesla ，还去并购X公司，这样同时经营管理太多公司了，当碰到融资中期高利率环境下，会很难想像 目前面临各家公司获利都在衰退时，不知你要如何取舍应对","text":"资本市场给你资金充配时，不好好专心经营Tesla ，还去并购X公司，这样同时经营管理太多公司了，当碰到融资中期高利率环境下，会很难想像 目前面临各家公司获利都在衰退时，不知你要如何取舍应对","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/232594833871120","repostId":2376813295,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2376813295"}