Tesla’s off to the races

[The beef 675] [I'm an image] “Elon is having quite the quarantine.” - Jeff Hey there carnivores, Markets were up on Wednesday, after a late buying push. Today we’re discussing Tesla’s big f*ckin day. Keep raging, Jeff & Jason [Image] [I'm an image] I can’t hear you over all this money Tesla announced earnings yesterday, and much to short-sellers dismay, the electric car company recorded a profit. SEC investigators have entered the chat. EPS came in at $2.18, compared to a measly 3 cents estimate. *Elon spits at Refinitiv* Revenue also beat forecasts, with the company pulling in $6.04B compared to $5.37B. And while that sounds all well and good *yawn*, the biggest news is that Tesla recorded its first annual GAAP profit. The $104M GAAP net income for the quarter means that Tesla [is now eligible]( for inclusion in the S&P 500. Shares rose 4% after-hours. And for those of you keeping track at home, $TSLA has risen 579% since this time last year when its stock was just $260. Howdy partner And that wasn't the only big news Lon Corleone had up his sleeve... It looks like Texas got the best of Oklahoma in the Red River Showdown again. Lonnie EV indicated that Tesla had chosen TX over OK as the home of its new US Gigafactory. Willingly going to Texas during a pandemic? Bold strategy. The company behind the S3XY short-shorts will [build the plant]( near Texas’s capital, Austin. Because work trips to Tulsa just don't sound as fun. Well that, and [the $60M+ in tax breaks]( Tesla will receive. The new facility will be the home of the Cybertruck. Tesla is hoping that at least one of the new 5k employees will be able to figure out [how to make shatterproof glass](. The bottom line... Wondering why Elon can't wipe that sh*t eating grin off of his face this week? Well, it probably has something to do with [his latest compensation milestone](. Elon just unlocked another massive payday, as the electric car company’s six-month average market value rose above $150B on Tuesday. Mr. Musk can now exercise an additional 1.69M stock options. With a strike price of $350.02, he stands to haul in $2.1B. For what it's worth (a lot), he'll have to wait 5 years to sell the shares *sets calendar reminder for July 21, 2025*. [Image] There Are 50 Hidden Exchanges Which Hedge Funds Use To Disguise Orders From The Public [Alternate text]( TONIGHT at 8:30 PM ET Ben Sturgill Exposes The Truth Behind Dark Pool Trading And Shows You How To Profit Off It [Register Now]( [I'm an image] ☑️Just, don't. Nike is making some big changes, [announcing a shakeup]( in its upper management and broad cuts throughout the company. No word on how its child-laborers will be affected. Phil Knight's brainchild didn’t indicate the exact number of employees that would be getting the boot but it's estimated that termination and severance costs would be between $200M and $250M for the year. No executives were shuffled but CEO John Donahoe did hint at some changes during Nike's earnings call last month... ☑️Teaming up. "No, Clippy, we don't need your help." - Microsoft Microsoft's fourth-quarter earnings report [came in above analysts’ expectations.]( Still, the tech giant saw its stock price drop 3% as it issued lower than expected guidance for Q1 fiscal ‘21. Revenue came in at $38.03B compared to estimates of $36.50B. Earnings per share clocked in at $1.46 compared to estimates of $1.34 for the period. It probably didn’t help $MSFT that Slack [launched an antitrust suit]( against it in the EU yesterday. The claim alleges that Microsoft is snuffing out the competition in the collaboration tool space by forcing customers to download Teams as part of its Office Suite... and blocking the removal thereafter. Sounds like a pretty brilliant strategy to me… ☑️Not hungry. Chipotle also reported earnings yesterday and it is safe to say that not many people were springing for extra guac. The fast-casual Mexican Grill [reported a 90% decrease]( in adjusted earnings from the same period last year. It’s not as bad as it sounds though since the bar was set pretty damn low. Revenue actually beat expectations for the quarter coming in at $1.36B compared to $1.34B expected. Earnings per share of 40 cents also beat analysts' predictions of 35 cents. Another silver lining? Chipotle’s digital sales more than tripled as people moved to online ordering. Not to mention it didn't give anyone norovirus during the quarter. Its stock price dropped 1% on the news. ☑️Headline material. The New York Times [had a busy day yesterday](. First, the publisher announced Meredith Kopit Levien will be taking over as President and CEO. She has been the driving force behind NYT’s growth in digital subscriptions, leading that division since 2017. The Times also [purchased Serial Productions]( and its popular “Serial” podcast. Terms of the deal were not disclosed. This is the latest move by the NY Times to bolster its podcast business after purchasing Audm for $8M earlier this year. Adnan Syed couldn't be reached for comment. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at [(disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. 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