From Twitter: Sequential revenue down $43MM. Sequential net income up $551MM. Makes sense.
Tesla Q3 Financial Results
21–30 of 299 posts
Re: Tesla Q3 Financial Results
#22I wish I bought some TSLA a few months ago when it was $180! :)
I bet ARK is really pissed they sold 150,000 shares ($39M) yesterday. https://www.businessinsider.com/tesla-investor-ark-trims-sta...
I have no view on Tesla's stock or Ark for that matter, but Tesla was a 12.5% position on 9/30 for them, and and 11% position for them as of yesterday. Even if they think Tesla could go to $2000/share, it doesn't make sense from a risk management standpoint to carry a single position at a certain size, especially if there is a wide dispersion in potential outcomes.
Re: Tesla Q3 Financial Results
#23I wish I bought some TSLA a few months ago when it was $180! :)
I bought at $193 ;)
Re: Tesla Q3 Financial Results
#24$143M GAAP / $342M Non-GAAP Net Income. $371M free cash flow. GAAP Gross Margin 18.9%. That is before G3 comes online which will, I believe, have an upward case for margins. That is the big news here today. And that is really great news for Tesla. Over $5.3B cash on hand. TSLA is in an amazing position going into Q4 and 2020. Highly confident of exceeding 360k deliveries for 2019. Just an amazing run up to the end of…
your full disclosure is really sad. You are buying into a cult with some life changing saving (kid's college) It might work though as long as there are enough investors believing in this irrational cult (the bigger idiot theory). You don't want to be the last one holding the bag. Edit2: Removing the downvote comment and adding why I think they are overvalued: They did a very good job capturing the early market given…
Give some support to your claim. If you don’t have the financial literacy to support it, then maybe reconsider hitting that “Reply” button next time.
Re: Tesla Q3 Financial Results
#25The Shanghai Gigafactory going from breaking ground to production ready in 10 months is staggering. Has anything like that been accomplished in NA in the last 10 years?
The Foxconn Wisconsin plant had the full support of the executive branch + billions in welfare from the local/state governments and even then they haven't started to working on it primarily due to the significant business risks and high costs of employing labour in America and general uncertainty around manufacturing anything state-side:
https://en.wikipedia.org/wiki/Foxconn%27s_Wisconsin_plant
Even the Chinese can't build anything in America.
Re: Tesla Q3 Financial Results
#26Positive things are an improved cash flow and lower operational costs. Might be just in time for Tesla before the other car makers launch their models. It will be interesting to see how the race, building mass production capabilities vs. developing EV turns out.
Also increased deliveries is a good thing. Guess I have to read the whole thing tomorrow in detail.
Re: Tesla Q3 Financial Results
#27Highlights: $143M GAAP Net Income (vs $74M loss expected) Trial production started at Shanghai Gigafactory Model Y production moved forward to Summer 2020
Is Model Y replacing Model X?
No, Model X will remain as the larger and more expensive SUV. Model Y will be smaller, less expensive and compete in the "luxury crossover" segment (Mercedes GLA, BMW X3 etc)
Re: Tesla Q3 Financial Results
#28$143M GAAP / $342M Non-GAAP Net Income. $371M free cash flow. GAAP Gross Margin 18.9%. That is before G3 comes online which will, I believe, have an upward case for margins. That is the big news here today. And that is really great news for Tesla. Over $5.3B cash on hand. TSLA is in an amazing position going into Q4 and 2020. Highly confident of exceeding 360k deliveries for 2019. Just an amazing run up to the end of…
your full disclosure is really sad. You are buying into a cult with some life changing saving (kid's college) It might work though as long as there are enough investors believing in this irrational cult (the bigger idiot theory). You don't want to be the last one holding the bag. Edit2: Removing the downvote comment and adding why I think they are overvalued: They did a very good job capturing the early market given…
>Edit: downvoted as expected proving my point...
I will never understand how some people become more confident in their ideas the more other people disagree with them.
Re: Tesla Q3 Financial Results
#29$143M GAAP / $342M Non-GAAP Net Income. $371M free cash flow. GAAP Gross Margin 18.9%. That is before G3 comes online which will, I believe, have an upward case for margins. That is the big news here today. And that is really great news for Tesla. Over $5.3B cash on hand. TSLA is in an amazing position going into Q4 and 2020. Highly confident of exceeding 360k deliveries for 2019. Just an amazing run up to the end of…
your full disclosure is really sad. You are buying into a cult with some life changing saving (kid's college) It might work though as long as there are enough investors believing in this irrational cult (the bigger idiot theory). You don't want to be the last one holding the bag. Edit2: Removing the downvote comment and adding why I think they are overvalued: They did a very good job capturing the early market given…
I actually know somebody who did this but for AAPL many years back. At the time, I too thought he was insane, but it worked out very well for him. A propos TSLA price, the problem is they are about to face a lot more competition from companies with sophisticated, established, distribution networks, etc.
Re: Tesla Q3 Financial Results
#30$143M GAAP / $342M Non-GAAP Net Income. $371M free cash flow. GAAP Gross Margin 18.9%. That is before G3 comes online which will, I believe, have an upward case for margins. That is the big news here today. And that is really great news for Tesla. Over $5.3B cash on hand. TSLA is in an amazing position going into Q4 and 2020. Highly confident of exceeding 360k deliveries for 2019. Just an amazing run up to the end of…
My friend is long TSLA because he hopes it will pay for his Tesla.