I forsee an ingress-style mobile game and "pay 1$ to outmuscle that guy on the highway/arrive faster at work" features.
Tesla Financial Results 2019 Q4
61–70 of 346 posts
Re: Tesla Financial Results 2019 Q4
#62Earlier 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…
Re: Tesla Financial Results 2019 Q4
#63Re: Tesla Financial Results 2019 Q4
#64Congrats 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.
Re: Tesla Financial Results 2019 Q4
#65I guess he is happy about "Funding secured" not panning out.
Re: Tesla Financial Results 2019 Q4
#66I 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.
Re: Tesla Financial Results 2019 Q4
#67Earlier 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.
Re: Tesla Financial Results 2019 Q4
#68Earlier 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.
Re: Tesla Financial Results 2019 Q4
#69Everyone's financial statements: WE'RE DOING GREAT Everyone's GAAP numbers: ehhhhhh
Re: Tesla Financial Results 2019 Q4
#70Year-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.