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Tesla Third Quarter 2018 Update [pdf]

ir.tesla.com

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Re: Tesla Third Quarter 2018 Update [pdf]

#11

Post by gvhst »

chollida1 wrote: post #4

One thing to consider that an analyst pointed out. Telsa has alot of net 60 and 90 and 120 day relationships with suppliers, but gets paid from car sales much quicker. This means that they can "financially engineer" quarters to make their cash flow look much better than it would if the payment periods were all net 30. Pre Close: - bit of a perfect storm for Tesla to make a profit - Model X ramp up spend is mostly don…

I take issue with your market share comment. You are referring to an installed base of 1%.

Market share is a sales based number, which according to the document the Model 3 is the number 1 selling car in America by revenue over the last quarter.

Re: Tesla Third Quarter 2018 Update [pdf]

#13

Post by Endama »

My understanding is that the conditions inside of Tesla's manufacturing are brutal. I have friends who work on the production side and they effectively tell me corporate culture is driven by fear. I am definitely cheering Tesla on for global warming reasons but I worry that Musk is running a Faustian bargain that may bite him in the backside long term.

These numbers though are really exciting.

Re: Tesla Third Quarter 2018 Update [pdf]

#14

Post by gonehome »

Endama wrote: post #13

My understanding is that the conditions inside of Tesla's manufacturing are brutal. I have friends who work on the production side and they effectively tell me corporate culture is driven by fear. I am definitely cheering Tesla on for global warming reasons but I worry that Musk is running a Faustian bargain that may bite him in the backside long term. These numbers though are really exciting.

I have friends that work there too and I've heard from some that they love it and some that they didn't.

It's been enough of a spread that I suspect it's just normal "my manager is bad" type of variety.

Re: Tesla Third Quarter 2018 Update [pdf]

#15

Post by chollida1 »

foobaw wrote: post #10
chollida1 wrote: post #4

One thing to consider that an analyst pointed out. Telsa has alot of net 60 and 90 and 120 day relationships with suppliers, but gets paid from car sales much quicker. This means that they can "financially engineer" quarters to make their cash flow look much better than it would if the payment periods were all net 30. Pre Close: - bit of a perfect storm for Tesla to make a profit - Model X ramp up spend is mostly don…

it seems like you post negative comments on anything Tesla related. Any motivations?

Really? I'm a pretty big Tesla fan and shareholder.

I think almost everything I post is pretty darn neutral. I mean this entire post is just facts and my guesses as to what the numbers mean:)

Re: Tesla Third Quarter 2018 Update [pdf]

#16

Post by Endama »

gonehome wrote: post #14
Endama wrote: post #13

My understanding is that the conditions inside of Tesla's manufacturing are brutal. I have friends who work on the production side and they effectively tell me corporate culture is driven by fear. I am definitely cheering Tesla on for global warming reasons but I worry that Musk is running a Faustian bargain that may bite him in the backside long term. These numbers though are really exciting.

I have friends that work there too and I've heard from some that they love it and some that they didn't. It's been enough of a spread that I suspect it's just normal "my manager is bad" type of variety.

Ah fair enough, thanks for the share!

Re: Tesla Third Quarter 2018 Update [pdf]

#18

Post by ArtWomb »

Massive beat. Free cash flow chart demonstrates the magnitude:

https://pbs.twimg.com/media/DqTLT1SU8AA92uB.jpg

My prediction is they ramp up R&D spend and hoist a slew of consumer products. Or even get into aviation. Such as this drone spinoff from a former battery engineer.

If you are a recent engineering grad, next couple of years will be a great time to join ;)

https://impossible.aero/

Re: Tesla Third Quarter 2018 Update [pdf]

#19

Post by ChuckMcM »

They have to be happy with those numbers, interesting question of whether they continue to sell the S,X,3's and generate a pile of cash before they start burning it on model Y development.

In general it should also muzzle a lot of the nay sayers, it isn't easy to lie about money in the bank.

Solar City is a disappointment. I keep watching the solar roof tile business to see if that goes anywhere. I'm getting close to putting in Powerwalls and getting off the grid completely, the PG&E shenanigans are just that annoying for grid tied solar systems.

Re: Tesla Third Quarter 2018 Update [pdf]

#20

Post by zaroth »

Absolutely positively jaw dropping numbers. So much for predictions of bankruptcy!

Hopefully this will give pause to the hate campaign, but for some reason I think it’ll just make them scream louder.

Couldn’t be happier to be scheduled to take delivery of my Model 3 in 2.5 weeks. Should have bought shares too!

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