With all the tariff drama lately, I honestly have no idea how much weight to put on earnings this season.
I used to pay a lot of attention to earnings, but this time feels different. Consumer spending probably got a boost in March/April from people trying to buy stuff before any price hikes hit. And the 90-day pause on tariffs gives companies just enough breathing room to hold off on guidance revisions — for now. So we’re not really getting the full picture.
Feels like this quarter’s reports might be kind of misleading. Anyone else feeling the same? Are earnings still worth taking seriously right now?
BTW: Not specifically means Tesla, just in general.