Live data from Hacker News

Tesla Financial Results 2019 Q4

ir.tesla.com

61–70 of 346 posts

Re: Tesla Financial Results 2019 Q4

#61
> We also introduced in-app purchases, where our customers can buy various software updates, such as basic Autopilot, FSD, acceleration boost and additional premium features.Software will continue to play a growing role in our business model.

I forsee an ingress-style mobile game and "pay 1$ to outmuscle that guy on the highway/arrive faster at work" features.

Re: Tesla Financial Results 2019 Q4

#62

Earlier quoted context omitted.

They’re growing while the market for legacy automakers is shrinking. Everyone else is tapped out, while there’s still a whole lot of people left on Earth who’ll buy Tesla products (and you’ll notice Tesla keeps changing where the production firehose is pointed based on local incentives maximizing sales). Heck, Fiat has to hand over almost $2B to Tesla just to be permitted to sell cars in Europe because they have litt…

> They’re growing while the market for legacy automakers is shrinking. Do you have data for this? Tesla had, essentially zero growth in the US in 2019, which is where it sells half of its cars. There are many companies that had higher growth than that, including Volvo, which grew 10% in the US. LandRover sold 125k units in the US in 2019, which is far more than the Model S + X (its competitors). So, I'm not sure wher…

The growth will come from China, where there's still plenty of EV incentives by the government. Growth in US will depend on new EV incentives IMO

Re: Tesla Financial Results 2019 Q4

#63
post #40
post #34

no joke there are several people on /r/wallstreetbets that have turned a few hundred dollars into $1M+ in 2 months.

I guess they could also have lost an almost equally insane amount if things had gone south?

They may be just about breaking even... WSB style

Re: Tesla Financial Results 2019 Q4

#64
post #5
post #3

Congrats to the whole Tesla team + SpaceX. Crushing things. It's taken a long time, but it's all starting to pay off.

For a while there it seemed like Musk would die from stress. He just looked like he's hanging on by a thread, which he probably was. He seems far more relaxed now - if I were an investor (I'm not - the company metrics are completely detached from its valuation), I'd consider that to be a good sign.

I don't think investment thesis based on the body language of the CEO are great ways to place your money.

Re: Tesla Financial Results 2019 Q4

#66
post #25

I have been a longtime bull, but their stock value is now up over 140% in the last 3 months and I can't say I fully understand why.

People shorted the stock expecting the company and Elon will go under. They didn't go under and this Q4 despite not being spectacular in any number is "beating the market expectations" because the market expected the company not to continue operations.

Re: Tesla Financial Results 2019 Q4

#67
post #48

Earlier quoted context omitted.

Short dated deep out of the money TSLA calls are still gambling, but gambling you can do from home.

what's your point? the sub is literally called "wall street bets"...there's no confusion as to the nature of what everyone is doing. you can write off up to $3K in capital losses a year. people who jokingly bought $420 and $690 strike options just a few weeks ago are literally up six and seven figures each.

Sure! But there are also folks who have lost hundreds of thousands of dollars. Survivorship bias.

Re: Tesla Financial Results 2019 Q4

#68
post #41
post #16

Earlier quoted context omitted.

I was happy to see they'd increased range to 315 miles.

That's 507 km, which is starting to become an acceptable range in countries where you tend to travel longer distances.

The model 3 and S already have that range or more. You'll only get ~350km out of that at highway speeds though. The supercharger network makes it perfectly reasonable but it's not yet ideal. Other EVs tend to be far behind still. Most can't charge fast enough and even the ones that do don't have enough charging infrastructure in most places. We're getting very close to mass adoption but will still need 5-10 years more depending on location to get enough battery improvement and charging deployment to make it a no-brainer to get the EV over the pretty good plugin-hybrid models that exist right now.

Re: Tesla Financial Results 2019 Q4

#70
post #33

Year-over-year revenue flat, year-over-year GAAP income down 25% on 20k more units delivered. Hard to understand...

Tesla is at breakeven. Marginally profitable for 2019, but R&D was cut by more than the difference between last year's loss and this year's profit. Still $26 billion in long term debt, up a bit from last year. Not clear on the terms on that. They had to agree to some awful terms about two years ago, but dodged the bullet on some of those. Read the numbers on page 21-22 first, of course.

R&D was at $356 million in Q4 18 and $345 million in Q4 19. For the year, it moved from 1.4 billion in 18 to just over 1.3 billion in 19. I don't see how these minor differences were a major factor.
Post reply on HN