121–130 of 225 posts
[0] : https://www.zerohedge.com/technology/tesla-stock-tumbles-aft...
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Demand mix is a huge problem though. Model 3 is cannibalising sales of the S and X models. Which means their ARPU and gross margin has rapidly decreased causing impacts to their revenue and profit. Tesla's fiscal position is simply unsustainable.
Last 4 quarters of free cash flow, seems quite sustainable: June 30, 2019 590.40M March 31, 2019 -944.80M Dec. 31, 2018 880.66M Sept. 30, 2018 831.52M
https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-inc...
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Gigafactory 3 in China comes online this month. Manufacturing lines are already validated. I’d expect an increased step up in quarterly deliveries going forward. Also, no more Fremont->China ocean shipping delay. This puts Tesla on track to build and deliver 500k+ vehicles a year next year. This does not include energy storage sales out of GF1 in Nevada.
Tesla has never been able to bring a production line online without a year or so of significant problems.
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Tesla doesn’t calculate margins the same way other manufacturers do. Take with a grain of salt.
If you mean GAAP v non-GAAP, almost all manufactures release both numbers as does Tesla. Yes, 19% and 15% are different numbers - they're also both very non-negative numbers. This is posted ad nauseam and is absolutely untrue.
I've practically stopped hearing about Tesla in the news, which must mean they're doing great. Great job, Tesla folks!
Actually they aren't doing so great. Everything has changed. Before last year it was basically just Tesla and a few token cars e.g. Leaf in the electric vehicle space. Now every car company is jumping in and any detractors e.g. BMW CEO are being swiftly moved on. And so Tesla is now competing against the most highly capitalised, profitable and experienced companies in the world. Porsche Taycan is based on every revie…
I've practically stopped hearing about Tesla in the news, which must mean they're doing great. Great job, Tesla folks!
Actually they aren't doing so great. Everything has changed. Before last year it was basically just Tesla and a few token cars e.g. Leaf in the electric vehicle space. Now every car company is jumping in and any detractors e.g. BMW CEO are being swiftly moved on. And so Tesla is now competing against the most highly capitalised, profitable and experienced companies in the world. Porsche Taycan is based on every revie…
The Taycan is roughly twice as expensive as the equivalent Model S Tesla and has greatly inferior range and, among people likely to buy electric cars, presumably less brand value. People haven't forgotten VW's emissions scandal. Let's not forget they haven't even shipped a single Taycan yet. BMW has sold a crappy, overpriced electric car/washing-machine-lookalike for years (i3) without it catching on.
Furthermore, there's no real competition on the horizon just yet for the Model 3. Tesla have a 3-6 year head start on making electric cars which will be difficult to overcome.
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Taycan is a better car in every respect than the Model S. VW ID.3/4 are looking like being winners and will likely outclass the Model 3/Y. eTron, I-PACE and EQC are all selling well against the Model X. And again. Everyone is coming into EV this year and next.
The Taycan is $150k - it is not a mass market EV. The VW ID.3/4 are not coming to North America. The eTron, last month sold 434 units in the US. The Model X sold 1,675 in the same month in the US. The Model 3? 20,250. The I-PACE sold 160 units and the EQC isn't being sold yet. The eTron has been a massive sales disaster, sales are not growing. https://insideevs.com/news/369439/august-audi-e-tron-sales-u... https://in…
b) VW ID.4 is coming to the US.
c) There is more to this world than the US so not sure why you seem to restrict the sales there.
I've practically stopped hearing about Tesla in the news, which must mean they're doing great. Great job, Tesla folks!
Actually they aren't doing so great. Everything has changed. Before last year it was basically just Tesla and a few token cars e.g. Leaf in the electric vehicle space. Now every car company is jumping in and any detractors e.g. BMW CEO are being swiftly moved on. And so Tesla is now competing against the most highly capitalised, profitable and experienced companies in the world. Porsche Taycan is based on every revie…
What are they spending it on? Maybe they're spending it on the same aggressive growth without which they'd never have achieved the head start they have now?
I'm not a Tesla owner nor a Tesla fanboy and my original comment was meant to be a bit tongue-in-cheek, but I have to say that your comment seems to me to be dripping with narrative.
Anyway, we will see, won't we? I've got my popcorn ready.
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Taycan is a better car in every respect than the Model S. VW ID.3/4 are looking like being winners and will likely outclass the Model 3/Y. eTron, I-PACE and EQC are all selling well against the Model X. And again. Everyone is coming into EV this year and next.
The Taycan is more expensive and has 100 less miles range than the S. The VW ID.3 is ugly, and it's long range version is 100 less miles than the Model 3 long range version. Neither have Tesla's charging network either. Range and charging is the most important thing about an ELECTRIC car. 100 miles is a big gap, and every car coming out has that gap.
And in many places e.g. EU the Tesla charging network isn't a huge advantage as you have superior alternatives e.g. Ionity.