Krugerrand
Meow
Less is more. Because people don’t get better or behave better with more information. You’d think they would, but they don’t. They’ve proven it. (General)Why in the world would you want to have less granular information on the performance of a company you own stock in???
Only because others can spin them and turn them into FUD? Then no info at all would be a good solution?
So many posts here today contrary to my take of things .
I would be quite content to get no weekly China numbers, no country monthly numbers out of Europe, no boats in transit numbers, no end of quarter P+D numbers, and simply wait until the ER call. Analysts, YTers, and everyone else are going to guess regardless. I’d rather they have to pull the numbers from a hat then hack them together with incomplete data.
Having numbers has never helped a single analyst get their model right. Ever. Because it’s not actually about the numbers. It’s about the story they can get away with telling to make churn.
That guy you’re defending doesn’t actually care about Tesla. He doesn’t care about what the company is doing for the world. He doesn’t care how the company has positioned itself from a business standpoint or any of it. He cares about creating churn to make money. The only time the numbers matter to him is on his final day because accuracy then gets him more money via more paying subscribers.
We are way past the point of needing granular color from Tesla. It isn’t possibly going bankrupt next quarter. It’s no longer the risky investment it once was. Additionally, it’s clear many still don’t understand what the company is about no matter how much Tesla explains its path forward.
I believe for many people who’ve been here for years, we crave information not to take to the bank, but because we believe in the mission and we’re fascinated by the singularity that is Tesla.