“About that Tesla conference call...”
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 3 May 2018
⏱️ 26 minutes
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Summary
Tesla shares fall after 1st-quarter results and Elon Musk’s questionable performance on the conference call with analysts. Spotify’s 1st-ever quarterly report wasn’t as bad as some feared, while Fitbit drops on less-than-inspiring guidance. David Kretzmann analyzes all of those stories as we gear up for Berkshire-Hathaway’s annual meeting this weekend. Thanks to Blooom for supporting MarketFoolery.
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Transcript
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| 0:00.0 | Managing your 401k is hard. |
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| 0:11.0 | That's bloom with three owes for a one k.com slash fool |
| 0:18.2 | it's Thursday may third welcome to market foolery I'm Chris Hill joining me in studio today |
| 0:22.4 | it's David Kretsman. Thanks for |
| 0:24.8 | being here. Thanks for having me. Glad to be here. It's earnings season. It sure is. Full steam ahead. |
| 0:30.0 | It is full steam ahead. We're going to talk tech we've got Spotify earnings we've |
| 0:33.7 | got Fitbit earnings we got to start that with Tesla for a couple of reasons. |
| 0:38.9 | We'll get to the conference call in a second because right now on |
| 0:44.4 | c.n't BC's website the top five trending stories in tech news |
| 0:50.6 | are all about Tesla's conference call. |
| 0:52.7 | I think something happened there. |
| 0:53.8 | Yeah. |
| 0:54.8 | We'll get to the conference call in a second. |
| 0:56.6 | Let's start with the actual quarter, the first quarter results. |
| 0:59.7 | Tesla lost a record amount of money in the first quarter and yet somehow that was still |
| 1:05.6 | better than expected. |
| 1:07.7 | When you looked at the quarter what stood out to you besides their historic loss? |
| 1:13.0 | Well, I think the story with Tesla |
| 1:15.0 | continues to be scaling production of the Model 3. |
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