Post
Muhammad-Danish
Don't just look at the earnings beating expectations; when you break it down, it's all concerns. apple users have grown to 13.6 million, but the money contributed per user per month has dropped from $99 all the way down to $69. The growth is driven by price cuts!
This kind of good news doesn't hold up under scrutiny. Revenue growth simply can't keep up with the burn rate. Elon Musk is using the positive earnings report to push the price up, conveniently allowing himself to sell,
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