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Tesla Q3 Financial Results

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Re: Tesla Q3 Financial Results

#271

Post by nickik »

kmlx wrote: post #259
aazaa wrote: post #121

Tesla as a long term investment going forward largely depends on whether you view the electric car as a disruptive innovation (breaks established car companies' business models) or sustaining innovation (does not break established car companies' business models). Established players tend to have the upper hand for sustaining innovation. Sustaining innovation can start at the top of a market and work down. Disruptive…

i view Tesla as a low volume car manufacturer. so low volume that right now they're simply not that interesting. and i don't see them reaching millions of cars per quarter. like VW, Hyundai or GM. hopefully they'll prove me wrong, and come out with a $15k car next year or something. in the meantime i'm holding my hopes up for the upcoming crop of ev's with sub-tesla prices from all the usual suspects.

The competition also can not simply produce millions of EVs. The economic problems are very real. In fact one of the reason they are not pushing it as much as they could, is because EV don't make profit for them.

Re: Tesla Q3 Financial Results

#272

Post by Tade0 »

nickik wrote: post #271
kmlx wrote: post #259

Earlier quoted context omitted.

i view Tesla as a low volume car manufacturer. so low volume that right now they're simply not that interesting. and i don't see them reaching millions of cars per quarter. like VW, Hyundai or GM. hopefully they'll prove me wrong, and come out with a $15k car next year or something. in the meantime i'm holding my hopes up for the upcoming crop of ev's with sub-tesla prices from all the usual suspects.

The competition also can not simply produce millions of EVs. The economic problems are very real. In fact one of the reason they are not pushing it as much as they could, is because EV don't make profit for them.

Actually it's more of a supply chain issue.

The production of cars like the Hyundai Kona EV or Jaguar i-Pace was seriously constrained by the lack of proper li-ion battery manufacturing capability.

Re: Tesla Q3 Financial Results

#273

Post by gamblor956 »

dmode wrote: post #133
gamblor956 wrote: post #106

Earlier quoted context omitted.

It's very easy to manipulate financial results without illegally cooking the books. It all comes down to timing when you incur/pay expenses and when you record sales. Tesla has openly engaged in this in prior quarters, which is why their stellar quarters are usually followed by abysmal quarters. Cooking the books would involve changing the actual numbers. Not many people are alleging this.

You can play with your net income numbers, but your top line revenue, gross margin, cash flow, and cash on hand are hard to manipulate

Those items are even easier to manipulate.

When do I book this x million of parts? I could book it even we reserve the shipment (accelerate expense) or when we receive the invoice (standard) or when we pay it several months late (defer the expense).

And that's just one transaction that feeds into one line item. There are a lot more opportunities to play with the financial numbers.

Re: Tesla Q3 Financial Results

#274

Post by djrogers »

clouddrover wrote: post #224
dd36 wrote: post #198

Earlier quoted context omitted.

Style is subjective. Everywhere else it under performs a Model S and costs twice as much.

> Everywhere else it under performs a Model S That isn't the practical reality: https://www.thedrive.com/news/30467/watch-a-porsche-taycan-t... https://www.thedrive.com/news/29946/porsche-taycan-laps-brok... A Nissan Leaf can also hunt down the Model S on track: https://insideevs.com/news/359903/video-nissan-leaf-beats-te...

> A Nissan Leaf can also hunt down the Model S on track:

A modified, race prepped, brand new 2019 Leaf beat an old, stock Model S of unspecified mileage. Given how quickly TSLA has been advancing their powertrain and battery tech, leaving those details out is misleading at best.

Re: Tesla Q3 Financial Results

#275

Post by appleiigs »

xkjkls wrote: post #242
appleiigs wrote: post #30

Earlier quoted context omitted.

My friend is long TSLA because he hopes it will pay for his Tesla.

That sounds pretty weird when you talk about it. Like I'm long Aetna because I hope it will pay for my colonoscopy.

It's not weird actually. Peter Lynch would walk around shopping malls and see what people were wearing and buying. The next thing HN downvoters are going to say is that a good business is not necessarily a good investment. However, it's investing in what you know - which is another Peter Lynch idea.

Re: Tesla Q3 Financial Results

#276

Post by djrogers »

wmhorne wrote: post #194

Why can't Tesla divorce their interest in producing electric vehicles from their agenda in producing autonomous ones? It seems there is so much call for the former and so little for the latter. I wonder why they've felt the need to fuse the two. I, for one, wish there was an option for a cheaper Tesla without all the self-driving capabilities, much of which is useless now and will, I expect, become obsolete before an…

Not sure where you're shopping, but on tesla.com I can order any Tesla without Autopilot for $6k less than one with it.

Re: Tesla Q3 Financial Results

#278

Post by ultraism »

navigatesol wrote: post #104
danhak wrote: 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

What's even the point of talking about timelines? Tesla's history of achieving them is horrible.

Are we talking about official statements or random posts by Elon in Twitter?

Re: Tesla Q3 Financial Results

#279

Post by clouddrover »

djrogers wrote: post #274
clouddrover wrote: post #224

Earlier quoted context omitted.

> Everywhere else it under performs a Model S That isn't the practical reality: https://www.thedrive.com/news/30467/watch-a-porsche-taycan-t... https://www.thedrive.com/news/29946/porsche-taycan-laps-brok... A Nissan Leaf can also hunt down the Model S on track: https://insideevs.com/news/359903/video-nissan-leaf-beats-te...

> A Nissan Leaf can also hunt down the Model S on track: A modified, race prepped, brand new 2019 Leaf beat an old , stock Model S of unspecified mileage. Given how quickly TSLA has been advancing their powertrain and battery tech, leaving those details out is misleading at best.

> A modified, race prepped, brand new 2019 Leaf

What were the magic modifications that made the Leaf such a monster on track?

> Given how quickly TSLA has been advancing their powertrain and battery tech

Ah. The car is "old", Tesla is advancing so fast, and the "old tech" no longer matters.

So which models and model years of Tesla vehicles are now garbage old tech and should be avoided? Everything prior to 2019?

Re: Tesla Q3 Financial Results

#280

Post by erikpukinskis »

navigatesol wrote: post #267
erikpukinskis wrote: post #131

Earlier quoted context omitted.

Noisy information still contains information. Consistently biased information is even better... it contains exactly the same data as unbiased information.

> Noisy information still contains information. I mostly mean: why are people saying "He bumped up the Model Y launch a couple months" when both deadlines were sort of irrelevant. They are years behind on others.

Model 3 ramp was basically exactly as predicted, delta maybe 6 months.

If you compare to the Model X ramp, which was delayed by what, 2+ years, they have gotten much better at predictable ramps.

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