Hey everybody Rob Maurer here and today we're going to continue to talk about Tesla earnings

there some things that I need to say to people I think people need to understand a few

of these things normally we'd go through analyst reaction things like that no time for

that today I've got my own analysis that we're going to talk about because the market

really just doesn't seem to understand it so we're going to try to help as much as we

can today with that understanding probably a fruitless process but we'll do our best

anyway Tesla today after reporting earnings down 11.5% closing at $829.10 I don't want

to be flippant sometimes I just can't help myself probably one of the dumbest reactions

I've ever seen now the macro wasn't great today the NASDAQ did close down 1.4%

girl stocks fairing a little bit worse but certainly not the worst day that we've had

so far this year so let's take a look at just a couple of the many reasons why I feel

like Tesla is underpriced and this reaction is incorrect and feel free to send this over

to your friends that remain skeptical of Tesla because we're not going to be talking

about FSD or the Tesla bot or anything that lies in Tesla's future we're just going

to be looking at some of the concrete numbers of Tesla's business as it stands today as

we know yesterday Tesla reported gap earnings per share of $2.5 for the fourth quarter that

put them at $4.90 for the year 2021 that happened to be up an ominous 666% year over

year now that $4.90 of gap earnings that works out perfectly because it gives us an

exact comp to Amazon we can go back and for the year 2016 Amazon also earned gap earnings

per share for the year $4.90 you can see the earnings chart here from macro trends and

I did go and check this against Amazon's annual statement from 2016 and you can see their

deluded earnings per share for 2016 $4.90 now for Amazon at the time that was really

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