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Tesla Q3 Financial Results

ir.tesla.com

31–40 of 299 posts

Re: Tesla Q3 Financial Results

#31
post #19
post #4

Highlights: $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, but generally speaking the Model Y is to the Model X what the Model 3 is to the Model S.

Re: Tesla Q3 Financial Results

#32
post #28

Earlier quoted context omitted.

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.

The downvote button isn't for disagreement ffs!

Re: Tesla Q3 Financial Results

#33
post #19
post #4

Highlights: $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 Y is built on the same frame as model x. It'll be a suv.

Sorry. meant model 3.

Re: Tesla Q3 Financial Results

#34
post #6

$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…

News Guidelines:

Please don't comment about the voting on comments. It never does any good, and it makes boring reading.

https://news.ycombinator.com/newsguidelines.html

Paul Graham:

I think it's ok to use the up and down arrows to express agreement. Obviously the uparrows aren't only for applauding politeness, so it seems reasonable that the downarrows aren't only for booing rudeness.

https://news.ycombinator.com/item?id=117171

Re: Tesla Q3 Financial Results

#35
post #28

Earlier quoted context omitted.

>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.

The downvote button isn't for disagreement ffs!

Paul Graham:

I think it's ok to use the up and down arrows to express agreement. Obviously the uparrows aren't only for applauding politeness, so it seems reasonable that the downarrows aren't only for booing rudeness.

https://news.ycombinator.com/item?id=117171

Re: Tesla Q3 Financial Results

#37
post #6

$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'm downvoting because you're whining about downvotes rather than taking responsibility for your discourse.

Re: Tesla Q3 Financial Results

#39

Earlier quoted context omitted.

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.

This is exactly what I think. They did a very good job capturing the early market given the void left by traditional auto makers. The next 5 years will be very tough. They will be competing on the efficiency of the production chain. Toyota and Volkswagen are unbeatable at that game.

Regarding your story with AAPL: Good for him but how many others will we never hear about? Betting everything on a single stock is the number one mistake that amateur investors make.

Re: Tesla Q3 Financial Results

#40
post #6

$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.

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