Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Tesla Q3 Financial Results

ir.tesla.com

Post reply on HN
Print view View original

201–210 of 299 posts

Re: Tesla Q3 Financial Results

#201

Post by dexterdog »

navigatesol wrote: post #101
zaroth wrote: 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…

Another miracle quarter before a capital raise. If you don't think Tesla are paying fast and loose with their books, while at the same time playing games in China, I don't know what to tell you. Silicon Valley's an easy place to sucker.

We'll know better when we see the 10Q

Re: Tesla Q3 Financial Results

#202

Post by gibolt »

refurb wrote: post #189
zaroth wrote: 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…

Highly confident of exceeding 360k deliveries for 2019. Musk got in trouble for tweeting that he’d hit 500,000 this year.

*Run rate of 500,000

Re: Tesla Q3 Financial Results

#203

Post by paulpauper »

ksec wrote: post #132
zaroth wrote: 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…

>I told my kids either the shares will pay for their college, or they may need some scholarships. Assuming they are teens and old enough to think for themselves. I wonder if they felt safe and happily going out to play or working their ass off trying to get Scholarships. I vaguely remember Tesla discussion on HN not long ago of it being cash strapped and was on the verge of bankrupt. ( Or something similar ). It is t…

>I vaguely remember Tesla discussion on HN not long ago of it being cash strapped and was on the verge of bankrupt.

That is called fud. They omitted the part about Tesla being able to raise capital very cheaply and easily and about how Tesla is cash-flow positive. I think his kids will be fine. If Tesla were truly in dire straits as the media said it was, the stock price would have reflected that (single digits or low double-digits instead of $200-300/share) and Tesla would not have been able to raise money on such favorable terms.

Re: Tesla Q3 Financial Results

#204

Post by paulpauper »

OnlineGladiator wrote: post #107
paxys wrote: post #57

Earlier quoted context omitted.

Best to look at the earnings release itself to get the most objective picture. Or if you want a single metric, look at the after-hours stock movement. TSLA is up 20%, so it can't all be bad news.

> Or if you want a single metric, look at the after-hours stock movement. I think this is a good rule of thumb, but for famously volatile securities (Tesla, Bitcoin, etcetera) you are really just swimming in a sea of irrational exuberance and nobody knows how it's going to end. Maybe Tesla will be the world's richest company in 10 years. Maybe Tesla will go bankrupt in 2. I don't know, but looking at Tesla stock tren…

yeah there is randomness but the companies that tend to go away often have a fatal flaw, such as being dependent on a single customer, or are fads, or have cut throat competition and tiny margins. This is why clothing companies are such bad investments compared to information tech. Tesla has none of those problems.

Re: Tesla Q3 Financial Results

#205

Post by paulpauper »

rainyMammoth wrote: post #86
LeftHandPath wrote: post #77

I remember doing a due-diligence on Tesla during the Oil Crisis of 2015. The stock was at 195 or so, the company hadn't released anything other than high-end sedans, and the cars were still sold in stores. If you went to their website, you saw that they were planning to have a $35,000 vehicle for sale by 2018, with rapid charging stations set up across the country (forming a corridor for coast-to-coast travel), where…

And it's good they didn't invest on your advice to go long on TSLA. If you invested into The diversified SP500 instead with the same timeline (2015 to today) it would give you a slightly similar or even better return than TSLA that went from 195 to 295 ( and that is IF the current price holds until tomorrow which will most probably not). Never forget opportunity cost while investing!

but the person who buys telsa instead of an index fund is likely anticipating increase volatility and has higher risk tolerance

Re: Tesla Q3 Financial Results

#206

Post by paulpauper »

jaimex2 wrote: post #112
user5994461 wrote: post #99

Earlier quoted context omitted.

Bet there are always multiple headlines and they're A/B tested for the most views.

Cry wolf enough times and you just start getting ignored though. I can't say I ever click on any Business Insider or the Verge articles anymore regardless of title.

Verge has anti big tech bias. anti amazon anti Tesla, anti anything or anyone that is big and successful or rich.

Re: Tesla Q3 Financial Results

#207

Post by gimmeThaBeet »

rainyMammoth wrote: post #86
LeftHandPath wrote: post #77

I remember doing a due-diligence on Tesla during the Oil Crisis of 2015. The stock was at 195 or so, the company hadn't released anything other than high-end sedans, and the cars were still sold in stores. If you went to their website, you saw that they were planning to have a $35,000 vehicle for sale by 2018, with rapid charging stations set up across the country (forming a corridor for coast-to-coast travel), where…

And it's good they didn't invest on your advice to go long on TSLA. If you invested into The diversified SP500 instead with the same timeline (2015 to today) it would give you a slightly similar or even better return than TSLA that went from 195 to 295 ( and that is IF the current price holds until tomorrow which will most probably not). Never forget opportunity cost while investing!

As in, as far as I can tell, maybe like 1 month in 2015 to now would get you superior returns to the S&P, with like, 3x the volatility. Unless you bought Tesla before like, 2013, the returns(especially risk-adjusted) in general are not great.

That definitely grinds my gears a bit when it comes to Tesla. The cars are fantastic, but the equity isn't quite the product. You can dismiss the haters, but that volatility is pretty intrinsic to Tesla.

They're doing a lot of great things, but that alone does not a great investment make, and I think that doesn't get discussed very honestly. One thing it does have going for it, very low correlation.

Re: Tesla Q3 Financial Results

#208

Post by OnlineGladiator »

paulpauper wrote: post #204
OnlineGladiator wrote: post #107

Earlier quoted context omitted.

> Or if you want a single metric, look at the after-hours stock movement. I think this is a good rule of thumb, but for famously volatile securities (Tesla, Bitcoin, etcetera) you are really just swimming in a sea of irrational exuberance and nobody knows how it's going to end. Maybe Tesla will be the world's richest company in 10 years. Maybe Tesla will go bankrupt in 2. I don't know, but looking at Tesla stock tren…

yeah there is randomness but the companies that tend to go away often have a fatal flaw, such as being dependent on a single customer, or are fads, or have cut throat competition and tiny margins. This is why clothing companies are such bad investments compared to information tech. Tesla has none of those problems.

ME: It's not a good idea to look at stock trends for anything super volatile.

YOU: Tesla doesn't have problems like other stocks.

How is this relevant?

Re: Tesla Q3 Financial Results

#209

Post by Richard_East »

hizanberg wrote: post #41

Normally I invest in companies who I believe are undervalued and have solid fundamentals/profitability and are well positioned for future growth. TSLA is one of my few "emotional investments" of companies I've invested in because I want it to succeed. IMO its share price is highly speculatively priced, but I expect they'll eventually be able to maintain profitability to justify it as they're best positioned to benefi…

To really take off in Europe, they need a smaller vehicle. Something the size of a BMW 1-series. Streets here are very narrow.

Re: Tesla Q3 Financial Results

#210

Post by bradgessler »

nyczomg wrote: post #45

Sorry if this is slightly off topic, but it is amazing to me how differently various publications are spinning the same basic facts. Some headline samples: "Tesla shares soar after crushing third-quarter earnings" CNBC "Tesla's Quarterly Profit Drops 54%" WSJ "Tesla returns to profitability and tops Wall Street's third-quarter earnings" Business Insider "Tesla ekes out a profit as all eyes turn to its China Gigafacto…

One big reason I built https://legiblenews.com/, which scrapes Wikipedia’s news once a day for headlines, is because their agenda is to be encyclopedic. The headlines link to encyclopedia articles (except for the sources obviously) where if clicked, people might accidentally learn something.
Post reply on HN