Peak Stock Market Lunacy: Tesla's Results Were A Disaster---So Its Stock Popped 5%

Tesla never ceases to astound with its hype and promises and with its results that are just mindboggling, including today when it reported its Q2 “earnings” – meaning a net loss of $718 million, its largest net loss ever in its loss-drenched history spanning over a decade. It was more than double its record loss a year ago:

 

 

https://wolfstreet.com/2018/08/01/tesla-discloses-worst-quarterly-loss-ever-but-where-are-the-17000-model-3-cars-it-produced-but-didnt-deliver/

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