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Wall Street Reacts To Tesla’s Blowout Earnings

by Zero Hedge
April 21, 2022
in Business
Wall Street Reacts To Tesla's Blowout Earnings

Unlike yesterday’s ritualistic(and symbolic) suicide by dozens of sellside analysts who lost all credibility holding on to a buy rating into the second consecutive NFLX implosion, this morning’s Tesla post-mortem is a decidedly more pleasant affair for the sellside: Tesla stock is 8% higher in premarket trading, with electric-vehicle peers also rising, after TSLA posted record first-quarter profit that beat estimates. With a few notable exceptions, Wall Street firms praised the company’s robust demand and confident outlook despite supply-chain issues.

Analyst Commentary

Wells Fargo, Colin Langan (equal weight, PT $910) “Once again, higher pricing and leverage of labor […]

Read the rest of this story here: www.zerohedge.com

The Biden Regime and Globalists Don’t Want You Owning Precious Metals

Look around. Things aren’t the way they should be. Between Pandemic Panic Theater, Ukraine, food shortages, and a push for Central Bank Digital Currencies, everything you’ve spent your life building and protecting is in jeopardy.

Precious metals are historically the most reliable and safest hedge against economic turmoil. With the Biden regime and globalists enhancing the chaos, it’s important for patriotic Americans to take control of their financial future.

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