Tesla's Q4 earnings report led to a negative reception from various sources. Hedgeye's Industrials team labeled it as 'not a great call' with 'not a lot to hang your hat on.' CNBC's Jim Cramer removed Tesla from the Magnificent Seven, stating there are now only six left, calling it a 'super six pack.' The sentiment was echoed across multiple tweets, with references to Tesla being 'out of the Magnificent Seven' and likened to 'The Deep of the Magnificent 7.' Additionally, short interest in Tesla was reported to be at a record low.
One reason $TSLA had no buying support following its awful earnings report & guidance? Its most recent reported short interest was the lowest on record.* *"on record" defined as "as far back as Nasdaq provides for free" https://t.co/vwJ7A0JRFc
🦸♂️ $TSLA Earnings Not So Magnificent "It's like the 7 heroes on The Boys. Tesla really doesn't fit. They're like The Deep of the Magnificent 7. They've been in trouble since mid-2022." @HedgeyeIndstrls Watch The Industrials Show at 11am ET Fridays. https://t.co/QtOmLpA605 https://t.co/Ae0ef51guM
Jim Cramer has said Tesla's, $TSLA, out of the Magnificent Seven, per CNBC
"I officially acknowledge now that there are only six left." Tesla is not-so-magnificent anymore, according to @jimcramer. He kicked them out of the Magnificent Seven in favor of the new Super Six. $TSLA https://t.co/t6TtXgNDko
CRAMER: ".. as someone who was among the first to vocalize the Magnificent 7 rubric, I officially acknowledged now that there are only six left - a super six pack. As for $TSLA, time to move on.” @jimcramer @MadMoneyOnCNBC @CNBC https://t.co/PTFbzyWunF
Should $TSLA still be in the #Magnificent7?!?! @jimcramer says NOOOOOOOOO! https://t.co/wbQDGOlawR
Should $TSLA still be in the Mag7??? @jimcramer says NO! We discuss on @CNBCWEX
Jim Cramer just said he’s kicking Tesla $TSLA out as a member of the Magnificent 7 https://t.co/0PROpUs9f6
After earnings miss, Cramer says Tesla's out of the Magnificent Seven https://t.co/T41aXW4pN4
$TSLA, #1 active short call for our Industrials team, tanked yesterday's Q4 earnings report. @HedgeyeIndstrls' takeaway: "Not a great call. Not a great look. Not a lot to hang your hat on." ✅Another great call by the Industrials team. Full clip: https://t.co/FZNivJn5as https://t.co/hTBOGXpiVk