Founder & CEO Bond Angle, LLC, Bond Angle, LLC

Vicki Bryan

Vicki Bryan founded Bond Angle in 2018, after more than 20 years in investment management and research, with a primary focus in high yield and distressed markets and selected coverage in investment-grade fixed income and equity. 

Vicki Bryan's Bond Angle provides insightful commentary and analysis on high yield bond markets and market movers, including financial, economic, and industry catalysts, noted for spotting management stumbles and shenanigans early and often. Follow Vicki at bondangle.substack.com and on Twitter @VickiBryanBondA and LinkedIn.

Founder & CEO Bond Angle, LLC

Plaid Sales Edge Tesla Q2 Deliveries Above 200,000

Tesla – Muted Response to Blowout “Earnings”

Tesla's Pending China Sales and Model S Plaid—with an Asterisk

What The Market Is Missing About Tesla's Rebound in China Sales in May

Bond Angle, LLC

Insightful commentary and analysis on bond markets and market movers, including financial, economic, and industry catalysts and management shenanigans. 

High yield market investment research

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<a href="https://www.smartkarma.com/entities/tesla-motors-inc" target="_blank" data-smartkarma-citation="entities:20279:1" rel="noopener">Tesla Motors (TSLA US)</a> stock has clawed back from a multi-month decline to $689 per share. That's still down 23% from its peak in January but off now just over 2% for the year.Not so for Tesla’s controversial stake in embattled <a href="https://www.smartkarma.com/entities/bitcoin-usd" target="_blank" data-smartkarma-citation="entities:25895:1" rel="noopener">Bitcoin (XBTUSD CURNCY)</a> which remains some 44% below its April peak with trading dipping below where Tesla purchased during the first quarter (see <a href="https://www.smartkarma.com/insights/tesla-is-falling-and-it-can-t-get-up" target="_blank" data-smartkarma-citation="insights:48653" rel="noopener">Tesla Is Falling and It Can't Get Up</a> on 2/27/21 and <a href="https://www.smartkarma.com/insights/tesla-goes-to-record-extremes-to-create-q1-profits" target="_blank" data-smartkarma-citation="insights:50821" rel="noopener">Tesla Goes to Record Extremes To Create Q1 "Profits"</a> on 4/28/21).This is bad news for Tesla which certainly doesn’t need yet another gap in profitability to plug like further impairment charges owing to Bitcoin’s plunging value.Remember Tesla already has to make up for lost energy credit revenue which has offset its massive losses for years as well as create every “profit” the company has ever reported (see <a href="https://www.smartkarma.com/insights/tesla-so-long-free-money" target="_blank" data-smartkarma-citation="insights:51138" rel="noopener">Tesla: So Long, Free Money</a> on 5/5/21).This week the second quarter wraps up with expensive Model 3s sitting unsold on lots all over the US and Europe and an embarrassing recall of most every car Tesla has produced in China to fix a problem Tesla has consistently denied.Tesla should report second quarter deliveries by week-end.

Tesla Motors (TSLA US) stock has clawed back from a multi-month decline to $689 per share. That's still down 23% from its peak in January but off now just over 2% for the year.Not so for Tesla’s controversial stake in embattled Bitcoin (XBTUSD CURNCY) which remains some 44% below its April peak with trading dipping below where Tesla purchased during the first quarter (see Tesla Is Falling and It Can't Get Up on 2/27/21 and Tesla Goes to Record Extremes To Create Q1 "Profits" on 4/28/21).This is bad news for Tesla which certainly doesn’t need yet another gap in profitability to plug like further impairment charges owing to Bitcoin’s plunging value.Remember Tesla already has to make up for lost energy credit revenue which has offset its massive losses for years as well as create every “profit” the company has ever reported (see Tesla: So Long, Free Money on 5/5/21).This week the second quarter wraps up with expensive Model 3s sitting unsold on lots all over the US and Europe and an embarrassing recall of most every car Tesla has produced in China to fix a problem Tesla has consistently denied.Tesla should report second quarter deliveries by week-end.

Tesla

Tesla Q2 "Complications"