Q124 Tesla & Meta. Compare & Contrast
one told the truth and the markets recoiled, the other told a fairy tale & the markets rejoiced
The wily Elon Musk spent most of his earnings call fantasising about RoboTaxis & Robots while the hapless Mark Zuckerberg told the truth about the fact that it would take time to monetise the company’s AI-related efforts. Elon got himself a 12% rally, Mark a 14% drop. And so begins another exciting earnings season!
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