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➡️TSLA Long Jan 26 - Jan 27
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About that GDP print…
Eric does a great job:
“the engine of economic growth is in recessionary territory.”
A lot of conflicting stories about the GDP report.
The best way to analyze the GDP report is to work through the layers of cyclicality.
Let's take a look.
Here's the GDP report in a short thread.
$IBM missed on cash flows, stock -4%
$TSLA 4Q free cash flow $1.42B, est $3.13B. Stock +10%
A company’s investor base can matter more than the numbers. $TSLA investors buy the sizzle, $IBM investors demand a steak.