EVNow
Well-Known Member
M3 COGS in Q1 would be slightly higher because of EU deliveries, extra shipping alone could cause that.Thanks, good idea - I used his S&X data as starting point and then calculated the Model 3 cogs.
This makes more sense !
Except the Cogs M3 for Q1 2019. I don`t understand the Driver for an increase vs Q4 2018 - especially as the produced volume increased slightly.
I think you are aware that your and luv2b`s number differ in Q2 in Sales and Cogs - not so much in Gross Profit...
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Yes - mainly because of S&X ASP difference. I think the extra regulatory credit is recurring (FCA), he is assuming that to be one time.I think you are aware that your and luv2b`s number differ in Q2 in Sales and Cogs - not so much in Gross Profit...
BTW, for Q2 on s&x, the basic driver is sale of large # of inventory cars. Their COGS would be like in earlier quarters (we don't know which) but ASP lower because of deep discounts. This is one of the major unknowns in Q2.
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