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A 16.3% automotive gross margin is the floor; the real “second engine” is energy

Folks, when discussing Tesla’s earnings, don’t focus only on deliveries. Gross margin is the health check for this earnings report.

Q3 automotive gross margin (excluding credits) has fallen to 16.3%, its lowest level since the 2023 price war. The factors pressuring margins are concrete: a slight decline in sales weakening fixed-cost absorption, changes in the sales mix in Europe and Asia-Pacific, additional incentives in China, and rising prices for raw materials such as steel, aluminum, copper, and lithium. F
TSLA+1.78%
🚀 Below is our current portfolio allocation: $6.78M TVL with an expected APY of 8.45%! Excited about these DeFi opportunities. Let's dive into the data! 📊 #Crypto #Trading #Portfolio #DeFi
Ready to start your journey?
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$25 to $550 — Analysts' disagreement itself is a signal

Guys, the distribution of analysts' price targets ahead of earnings sometimes tells you more than the earnings themselves. Look at Tesla right now:

GLJ Research: Sell, price target $25.
Mizuho: Underweight, price target $157.
Jefferies: Hold, price target $400 (raised from $350).
UBS: Neutral, price target $391.
JPMorgan: Neutral, price target $415 (lowered from $445).
Tigress Financial: Buy, price target $550.‌

The low is $25, the high is $550—a 22-fold difference. Same company, same earnings report, same set of public data, yet p
TSLA+1.78%
Shocking!
This is how meme token price movements look when there’s no market maker.
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MEME+4.08%
“Assets Nearly Quadrupled in 33 Days! Let Me First Explain How I Lost the First Three Times”
On September 18, this account had 1,013.78U; on October 21, it had 4,017.53U. Nearly 4x in 33 days.
Those familiar with Mi Shen probably know that from last year through this year, I’ve consistently published content, mainly about strategies and technical analysis. Many readers think my analysis is sound and my calls are accurate, but find it hard to make money themselves. So in March this year, I launched a copy-trading project. Before starting, I knew it would be difficult, because there’s the “Trade
BTC+1.18%
ETH+2.38%
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Compared with the past, the future is even more exciting!!! #TradingInsights
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$BTC #Gate30日净流入全球第二 Crypto Academician: 10.21 Bitcoin (BTC) from the mass grave to halfway up the mountain—do those who missed the move still have one last chance to get on board
  
  As I write this opening, I’m thinking back to how Bitcoin clawed its way out of the depths of 58,000 during that summer plunge and was literally dragged up from the ground to 82,000. So many people cut their losses at 60k, missed the move at 70k, and didn’t dare get on board at 80k. In the end, they could only watch us go long at 60k, then 70k, then 75k, and ride the rally all the way up. Today, I’ll say it plai
BTC+1.18%
Once $TROLL starts moving again.. it will go parabolic.
One of the few memes with 50x potential this cycle.
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TROLL+10.10%
Sol market update
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LIVE1,748
#GateIdleFundsSurpass$300M
Gate Idle Funds Surpass $300 Million: A New Milestone in Flexible Digital Asset Management
Trust Is Built Through Utility, Transparency, and Consistent Innovation
In the rapidly evolving cryptocurrency industry, a platform's growth is not measured only by trading volume or the number of listed assets. Its ability to provide practical financial solutions, improve capital efficiency, and create a reliable user experience also plays a significant role.
The #GateIdleFundsSurpass$300M milestone highlights an important theme in digital finance: users increasingly want th
BTC+1.18%
ETH+2.34%
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Bull market uptrend above 78k
I'd start questioning my decisions below that.
Until then, patience is a virtue.
$BTC (1W)
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BTC+1.18%
Those two short-term plays made a killing again. I gave a clear enough heads-up yesterday; those who saw it should have made a nice profit too😁
$BTC #Gate发布9月透明度报告
BTC+1.18%
Ahahahah.
Pavel Durov's telegram wallet.
Beautifully decorated?
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‼️The half-price 4gt promotion ends tonight; long-term 90% win rate, over 600 subscribers 🎉, consistently taking profits over the past month 🀄️
https://www.gate.com/zh/profile/比特国王归来
🔥Last Thursday, went long at 2325/79900 and booked profits at 2490/82900 📈Last Friday, went long again at 80800/2405 for another profitable trade 📈On Sunday, entered another long after the wick to 80800/2355 and made a profit 💰Last night, caught the perfect wick and went long at 81200/2375; now at 83300/2470 with unrealized gains‼️#SpaceX第三季度财报
SPCX+0.14%
$AAVE I’m honestly speechless.
I’ve been scrolling all night, and everywhere I look people are hyping Aave’s “milestone” of active borrowing on Arc surpassing $100 million. The numbers look great—so great they make me sick.
They’re talking about a lending protocol doing a lot of borrowing as if its performance had surged—but the money being lent out belongs to other people; it isn’t revenue. Nobody mentions that.
The market hasn’t played along either. Whatever was going sideways is still going sideways, and whatever was turning bearish is still turning bearish. I’ve watched for ages and can’t
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AAVE+2.90%
solana:8CYyivwMZPg6Edaofxo3eHiveZkDrU6TtUDwtMjTpump big bounce shoon
8CYyivwMZPg6Edaofxo3eHiveZkDrU6TtUDwtMjTpump
#crypto $sol $btc
SOL+2.61%
BTC+1.18%
$BTC Order Flow: Price Sitting in "Billions of Negative Delta" Zone
$BTC /USDT
Direction: SHORT
Entry: 81,651.20
TP1: 81,000.00 0.8%
TP2: 79,732.30 2.4%
TP3: 78,750.00 3.6%
SL: 82,500.00
$BTC ‌
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BTC+1.18%
Crypto future market movement
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LIVE2,023
After leaving my job, my verification badge was canceled, and I couldn’t pay for Blue V even after switching to two U cards🤡
Now Blue V can’t be gifted by others either!
I urgently found a third-party top-up service
I had to give them my account password
I was so nervous🤡
Thankfully, it worked out and the top-up went through!
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