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

Tesla Delivers Record 97,000 Vehicles in Q3

ir.tesla.com

Post reply on HN
Print view View original

51–60 of 225 posts

Re: Tesla Delivers Record 97,000 Vehicles in Q3

#51

Post by rodgerd »

gniv wrote: post #46
xkjkls wrote: post #27

Earlier quoted context omitted.

Institutional investors don’t like the stock because it’s a 16 year old company that’s never made a profit a year in existence. It’s pretty easy to see how that could make any money manager run scared

Amazon was kind of similar Edit: Wow, so much hate for a one-line comment. I have five replies and three downvotes as of now. I stand by my comment. I think Tesla is building long-term value (brand recognition, a reputation for innovation in an stodgy industry, technical know-how in multiple industries) that will allow them to be profitable. I know well how Amazon got here, but I don't care about the technicalities.…

This is not true at all.

Re: Tesla Delivers Record 97,000 Vehicles in Q3

#52

Post by ianferrel »

gniv wrote: post #46
xkjkls wrote: post #27

Earlier quoted context omitted.

Institutional investors don’t like the stock because it’s a 16 year old company that’s never made a profit a year in existence. It’s pretty easy to see how that could make any money manager run scared

Amazon was kind of similar Edit: Wow, so much hate for a one-line comment. I have five replies and three downvotes as of now. I stand by my comment. I think Tesla is building long-term value (brand recognition, a reputation for innovation in an stodgy industry, technical know-how in multiple industries) that will allow them to be profitable. I know well how Amazon got here, but I don't care about the technicalities.…

Amazon made their first quarterly profit 7 years after founding and their first annual profit 2 years later.

That's longer than average, but it's also a lot shorter than 16 years.

Re: Tesla Delivers Record 97,000 Vehicles in Q3

#53

Post by adventured »

xkjkls wrote: post #18
rpmisms wrote: post #11

Cue $TSLAQ talking about the Tesla bubble. Really cool to watch Tesla absolutely kick ass.

Is this good though? They didn't meet expectations.

Yeah it's still good, just not perfect or ideal.

97,000 was above what several prominent forecasts had.

The meet expectations game is de facto Wall Street financial fraud. They very aggressively, very openly use it either direction to manipulate the market as they see fit. It's one of the few direct levers of fraud they have that won't get them thrown into prison.

And on the other side, you have companies like Cisco that for a decade had a notorious reputation for beating estimates perfectly, by a penny. Every single time, like magic. Obvious financial gaming.

Re: Tesla Delivers Record 97,000 Vehicles in Q3

#54

Post by rtempaccount1 »

gniv wrote: post #46
xkjkls wrote: post #27

Earlier quoted context omitted.

Institutional investors don’t like the stock because it’s a 16 year old company that’s never made a profit a year in existence. It’s pretty easy to see how that could make any money manager run scared

Amazon was kind of similar Edit: Wow, so much hate for a one-line comment. I have five replies and three downvotes as of now. I stand by my comment. I think Tesla is building long-term value (brand recognition, a reputation for innovation in an stodgy industry, technical know-how in multiple industries) that will allow them to be profitable. I know well how Amazon got here, but I don't care about the technicalities.…

Not every loss making company is an Amazon in the making :)

Tesla is likely coming to the end of the period where they have a relatively unique portfolio of products. We're starting to see the traditional car makers come up with competitive vehicles.

Whilst Tesla may ride this out fine, it's likely to have an impact on things like margins, going forward.

Re: Tesla Delivers Record 97,000 Vehicles in Q3

#55

Post by Robotbeat »

xkjkls wrote: post #37
Robotbeat wrote: post #31

Earlier quoted context omitted.

Are people really unable to tell the difference between when something is possible versus when it's likely? Maybe it's just my perspective as a physicist, but the gulf between those two things can be immense. Considering the factory coming online very soon, I think the situation is looking pretty good, actually.

Why do we think they are production limited instead of demand limited? They’ve had to lower ASPs for close to 5 consecutive quarters. That’s not indicative of production constrained.

Secondarily, the backlog has increased which implies they're demand-limited.

Re: Tesla Delivers Record 97,000 Vehicles in Q3

#56

Post by jeffshek »

gniv wrote: post #46
xkjkls wrote: post #27

Earlier quoted context omitted.

Institutional investors don’t like the stock because it’s a 16 year old company that’s never made a profit a year in existence. It’s pretty easy to see how that could make any money manager run scared

Amazon was kind of similar Edit: Wow, so much hate for a one-line comment. I have five replies and three downvotes as of now. I stand by my comment. I think Tesla is building long-term value (brand recognition, a reputation for innovation in an stodgy industry, technical know-how in multiple industries) that will allow them to be profitable. I know well how Amazon got here, but I don't care about the technicalities.…

Some slight differences :)

Amazon chooses to make little/no profit as a long-term business strategy to reinvest everything.

Tesla is forced to make little/no-profit as a short-term business obligation to their suppliers.

Re: Tesla Delivers Record 97,000 Vehicles in Q3

#57

Post by sockgrant »

pcurve wrote: post #47
graiz wrote: post #17

They had a leaked email posted last week that they were pushing for 100K. So 97k is less than was priced into the stock. Not sure why institutional investors don't like the stock and it's so heavily shorted and twitchy. Tesla could use a COO to manage operational expectations and let Elon focus more on engineering in the future. It'll keep his twitter/email free from setting market expectations.

The street was expecting much higher than 100k. Down 4& after hour. Currently Tesla's valuation is higher than both BMW and Mercedes. No doubt, they're enjoying rich multiple due to other forward-looking business units, but they're not generating any money. Their car business is what's keeping the light on. On long term, Tesla's car business is uncertain. The first-mover advantage is eroding quickly as legacy mfrs ar…

Can the Taycan compete on price, speed, range, and charging network? AFAIK it loses in all of those categories.

Re: Tesla Delivers Record 97,000 Vehicles in Q3

#58

Post by Lorenzo45 »

samfisher83 wrote: post #38
Lorenzo45 wrote: post #35

Earlier quoted context omitted.

Edit: Didn't realize they were including Q4 2018 That's Tesla's total sales worldwide. About 50k of those sales are Model S/X. Their total sales for Model 3 in the US are at 114,500 for the year. Source: https://insideevs.com/news/373812/ev-sales-scorecard-septemb... Still great numbers but just wanted to be accurate.

I am using the last 4q. You can use the data from here: https://en.wikipedia.org/wiki/Tesla_Model_3#Deliveries and here: https://ir.tesla.com/news-releases/news-release-details/tesl...

Ah my mistake, I didn't realize you were including Q4 2018 :) Still think it's a bit of an unfair comparison to compare Tesla's worldwide sales to other car makers' US sales.

Edit: Just realized the Model 3 actually is the 12th best selling vehicle in the US for September! 20th best selling vehicle in the US in Q3 :) Source: http://www.goodcarbadcar.net/us-vehicle-sales-figures-by-mod...

Re: Tesla Delivers Record 97,000 Vehicles in Q3

#59

Post by kpommerenke »

dv_dt wrote: post #5
HenryKissinger wrote: post #4

Yet $TSLA has lost ~5% in after hours trading. Wat.png Edit: Wasn't aware of the 100k expectation.

The broad market was down almost 2% today, and Tesla is a higher alpha stock.

Do you mean that Tesla is a higher beta stock? According to Yahoo Finance, its beta is actually only 0.33. Source: https://finance.yahoo.com/quote/TSLA/key-statistics?p=TSLA
Post reply on HN