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Tesla Q3 Financial Results

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Re: Tesla Q3 Financial Results

#11

Post by rainyMammoth »

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…

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 the void left by traditional auto makers. The next 5 years will be very tough though. They will be competing on the efficiency of the production chain. Toyota and Volkswagen are unbeatable at that game.

Re: Tesla Q3 Financial Results

#13

Post by [deleted] »

rainyMammoth wrote: post #11
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…

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…

[deleted]

Re: Tesla Q3 Financial Results

#14

Post by greenpizza13 »

rainyMammoth wrote: post #11
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…

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…

Too mean.

Re: Tesla Q3 Financial Results

#15

Post by slg »

jumbopapa wrote: post #2

I'm not great at reading financial results, but $TSLA is up ~17% after hours, so I'm assuming they did well.

Just a reminder that stocks move in relation to expectations and not relative to results. Bad results that are not as bad as expected results in the stock going up. Likewise good results that are not as good as expected results in the stock going down.

So the takeaway from the after hours trading is not necessarily these results are good in a vacuum, it is that people were surprised that the results were as good (or perhaps not as bad) as they are.

Re: Tesla Q3 Financial Results

#16

Post by RivieraKid »

omgwtfbyobbq wrote: post #10
RivieraKid wrote: post #8

They recognized some FSD revenue.

Where do you see that? I see this line about them expecting to do that going forward, but nothing about them recognizing revenue in Q3. >We also expect to gradually release nearly $500M of accumulated deferred revenue tied to Autopilot and Full Self Driving features.

> Margin was impacted [...] in part due to Smart Summon-related deferred revenue recognition

Re: Tesla Q3 Financial Results

#17

Post by KukicAdnan »

rainyMammoth wrote: post #11
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…

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…

This ain't it chief.

Re: Tesla Q3 Financial Results

#20

Post by ProAm »

cronix wrote: post #9
p1esk wrote: post #5

I 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...

Meh: "Shares of Tesla are down 23% since the beginning of the year."
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