TESLA STOCK UP $13 After Hours As They BLOW Numbers Away. HOW HIGH Will The Stock Go THIS Time?

After investor events the stock typically drops. Pre-event, expectations are so sky-high and that is bundled into the price already. The fact that it went up even a tiny bit is a strong sign investors are please with how this went.

BTW, all of the talks of high debt have been entirely nuked with the latest quarterly report. They have $21.7B in current assets and only $13.3B in current liabilities. They have $45B in total assets and only $28B in total liabilities.

All the comments about only being profitable because of regulator credits, also nukes. Tesla still would have had their best quarter even with $0 in credits. Their GAAP gross margin was 27%.

It's an interesting read if you like numbers:

https://tesla-cdn.thron.com/static/4E7BR9_TSLA_Q3_2020_Update_P0Q85U.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D%22TSLA-Q3-2020-Update.pdf%22

SJD...so to be clear, we are all not speaking about the $7,500 govt subsidy that applies against the purchase price which phased out when they sold over (??) 300,000 vehicles.

When experts ponder if "Tesla exists to sell vehicles at a loss so they can sell EV Pollution credits to other car makers which will occasionally allow Tesla to turn a profit"....we are referring to the credits that Tesla generates by selling its EV's, which it in turn sells to other vehicle manufacturers to 'offset' (snowflakes unite) their non-compliance with gas guzzler/pollution targets.

The retail 'tax credit' is long gone and does not apply here.

YES, that is what I am talking about as well. The $7,500 credit is long gone, Tesla hasn't had any of it in 2020.

In Q3, Tesla made $7.6 billion in automotive revenue. $397 million were regulatory credits. Automotive gross margin was $2.1 billion. Operating income was $809 million, even by deducting the $397 million they should have had their best Q (except for one edge case 2 years ago).

Tesla made money because it's selling regulatory credits. It slashed it's used car warranty from 4 years to 1 because of how unreliable their vehicles are. They also nixed the new car return policy. They're pumping out cars at the fastest pace possible, quality be damned. This is to satisfy the stock investors. The customers pay the price because they can't get decent service at the repair facilities, having to wait sometimes months for a replacement part.

No, see previous post. They made money even if credits were $0.

one time sales of energy credits. Model S/X dead.

S/X sales somehow went up Q over Q.