ALL The ‘EXPERTS’ Were Wrong AGAIN! Tesla Surprises! Shares Up FIFTY-ONE Dollars After Hours!

And money changed hands hence the pro-Tesla post.

MD, are you really that f***ing stupid or do I miss an imaginary /s in your post?

MD, are you really that f***ing stupid or do I miss an imaginary /s in your post?

Tesla will always be the OG BEV brand. If Honda can have a good business at the same time as Mercedes does, so can Tesla if others join the fray. Which now seems to be even further into the future. Today's announcement was good news, but there is much work ahead.

I was pretty sure there would be a $250-350 million loss. I was straight up shocked when I saw the numbers. Not only were costs dramatically cut, but they are starting Q4 with extra inventory. Q4 will almost be guaranteed profitable, especially if Gigafactory 3 starts making cars ASAP.

The Model Y is already going into production in Fremont. Spy shots across Silicon Valley are being posted (no camo). Saw a photo of like a dozen in a parking lot somewhere. I don't think it will slip past Summer 2020, if anything it might be early.

So yet another Tesla hits the streets without engineering prototypes and rigorous testing.

Maybe the 'plaid' triple motors will "Fit" into the Model Y (SDJ - can you check on that for us?) so that a Tesla Vehicle can actually make it around the Nurburgring without breaking down.

The 'plaid' Model S doesn't seem to be doing so well there.

2 prototypes are different. One can do the ring in 7:40 (the one that broke) and the other is 7:23. I'm guessing they have two versions of the powertrain. They're testing out a bunch of different mods and whichever variant is the fastest is what's going to production. Summer 2020 is the new ETA, got moved up along with the Model Y.

Are you still staunchly maintaining that you do not work for them?

#PepBoys
#Tuners.Vs.Ricers

[Apologies to anyone offended but...] Embarrassingly the Teslas at the ring have all the subtlety of a 'ricer' (sans the exhaust noise).

Nothing says "we need more development money" like a large wing screwed onto the hatchback.

https://www.youtube.com/watch?v=h9O8fHcxmTA

Financial analysts reviewing the SEC filing are now figuring it was a lot of game playing with the numbers. Slow paying suppliers, in fact the entire cash flow number comes from not paying suppliers. Looking at the revenue drop you would have to assume the COGS dropped 13 percent since the second quarter, not possible.
As analysts break down the numbers the stock will drop back to under 220.
Also, sales dropped quarter to quarter despite a jump in leasing. Not a growth company.

SanJose, there are no official lap times for a Tesla, let alone a production. Until then it is bragging about imaginary numbers.

Imaginary numbers... that you know are going to be true. Their worst case scenario is going to be 20 seconds faster than the Taycan on the ring.

If you don't believe it, now is a good time to start shorting TSLA stock. Go for it, I dare you.

I'll short Tesla stock and use the money to buy an expensive cigar while waiting for a Tesla to complete an officially times lap with a production model. I better buy a couple boxes.
What evidence do you have of a 20 second win beside wishful thinking?

Do it =) The only evidence I have is that Tesla did not refute the times and stated that it will break the record on the ring.

As an added bonus, in the investor call two awesome tidbits came out for current owners:
1.) Every Model 3 and newer Model S/X is going to get a 5% performance boost with an OTA update in 2 weeks.
2.) A new single pedal driving mode is going to be available around the same time with smoother braking and it will add an extra 2% of range (bringing the Model S to 380 miles of range)

Early Access members (I'm one of them) will get the initial Full Self Driving functionality by the end of the year. That means, put in a destination and travel through city streets and highways to get there with no intervention, but you still have to pay attention.

Yet you claim NOT to work for Tesla.

I don't, but after the last quarter I kind of wish I did. I wonder if there are high paying jobs in Palo Alto I could qualify for.

The growth story is dead.
Total revenues were down by 8% over Q3 2018.
Auto revenues down 12% YoY.
Net income on a GAAP basis fell 54% year over year.
Net cash from operating activities down 46% YoY.
CapEx down 25% YoY (new models without capex? Yeah, right.)
Declining average sale prices.

Since when did logic ever matter to stocks like Amazon, Netflix, Tesla, etc?

And name one time when the stock ever failed a buyer with a handsome comeback after buying it after a large dip?

Like never.

001

“We worked” - we/w?rk/?d –

Verb - When the valuation of a company plummets hundreds of percentages over a short period of time because a majority of investors realize at the same time, that promised growth, a potential liquidity event, and/or managements projections will never materialize.

“WeWork's Value has falled to $8 Billion Under a New Plan to Save the Company, well below the $47 billion private market valuation the company fetched earlier this year.”

“Sh*t, we just got ‘we-worked’ because our founder took huge loans against his stock to fund his lifestyle and I have to go find another job”
https://www.wsj.com/articles/wework-co-founder-has-cashed-out-at-least-700-million-from-the-company-11563481395

Is this a fact pattern that can play out in Tesla’s future, you be the judge?

Hmmmm....

“Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla’s stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday.

The lending was disclosed in Tesla’s prospectus on Thursday to raise up to $2.3 billion with new shares and convertible debt. Still, Tesla said that if the price of its stock falls and the banks force Musk to sell some of his shares, that could create additional pressure on the stock.”

https://www.cnbc.com/2019/05/03/elon-musk-owes-507-million-to-banks-helping-tesla-raise-capital.html

Agent009, I can think of many stocks that took adiposity and never returned. Enron, Blockbuster, WeWork.
Logic always prevails in the end. There are business fundamentals that do not change.
Tesla is a house of cards that Elon has somehow convinced enough investors that it can recover.
There are a lot of questionable numbers in the latest financials that will show themselves in the next week, not the least of which is falling revenue.

Additional pressure? Like the shortsellers that lost literally two billion dollars today.

Wow. Wasn't expecting that. Good for Tesla.

2020 is looking very promising for them!

Good on Tesla, 3 quarters of growing deliveries, profitable Q3, still investing huge amounts in new product and new factories. Seems like a good story of a breakthrough US company! They will likely stay on the edge of profitability until they fill out their product line and get their global production facilities all built out.

Growing deliveries, but falling revenue. Not a good mix.

The long game is every delivery is a future money-making asset for both the owner and Telsa. If the robotaxi plan works, even taking a loss on deliveries will pay off in the future.

If the doors are locked, it doesn't matter what the handle looks like. The process and results are the same.

Tesla 3rd quarter 2018 vs 2019:
Revenue down 6 percent.
Gross profit per vehicle down 22 percent.
Operating income down 37 percent.
Net income attributable to shareholders down 54 percent.
Elon does not pay suppliers to try to show a profit and fools like SanJose have an EVgasm.
These metrics are not good.

The difference is they banked a bunch of inventory in Q2 2018 which they benefitted from in Q3. I thought they were doing the same thing this quarter for Q4, but they crushed it anyway. Q4 will almost definitely be profitable again and who know... maybe they'll be profitable for 2019. What will the haters say then?