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In response to
"USB's initial 50% drop was issued before this went to $330."
by
Will Hunting
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Not spooked. This almost always happens with stocks*. Revenue was up for Tesla, but so were expenses
Posted by
TWuG
May 4 '17, 09:32
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They are putting a ton of money into their factories for tooling, etc for the Model 3. If the Model 3 roll-out happens on time and smoothly, this will be a blip.
*Often the lead up to an earnings report will see a rise then profit-taking after the report.
There was also a lot of good news in the energy storage part of the business.
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