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2014 Q3 Earnings Report and Conference call discussion thread

Discussion in 'TSLA Investor Discussions' started by Johan, Nov 5, 2014.

  1. Johan

    Johan Took a TSLA bear test. Came back negative.

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    #1 Johan, Nov 5, 2014
    Last edited: Nov 5, 2014
  2. emupilot

    emupilot Member

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  3. Cattledog

    Cattledog Active Member

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    Initial AH response is better than I would have expected.
     
  4. GenIIIBuyer

    GenIIIBuyer Member

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    ZEV credits to the rescue!
     
  5. hockeythug

    hockeythug Active Member

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    The X delays are getting old real fast.
     
  6. Johan

    Johan Took a TSLA bear test. Came back negative.

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    #6 Johan, Nov 5, 2014
    Last edited: Nov 5, 2014
    OK. A break down attempt.

    Positive:
    Q3 production met guidance
    Gross margin maintained
    Positive non-GAAP EPS
    Future growth trajectory very positive:
    - Selling and administration expenses up another 18% equals continued expansion.
    - Gigafactory to produce actual cells in 2016!
    - Expecting to exit 2015 at 2000/week run rate (that's something like 100k/year combined Model S+X going in to 2016!)

    Negative:
    Guidance for whole year 2014 down from 35k delivered to 33k delivered
    Model X delayed to Q3 2015
    Basically no ZEV income in Q4
     
  7. justthateasy

    justthateasy Member

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    1) I'm a little confused going back and forth between the 2 threads and my stock platform.

    2) I think I only asked about 2014 deliveries in the other thread. The rest is for Q3 specifically and why TSLA is up instead of down.
     
  8. mulder1231

    mulder1231 Active Member

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    Also setting up for a nice beat, if they can still hit 35,000 despite this lower guidance.
     
  9. yngwie_2012

    yngwie_2012 Member

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    i hope we hear something about model s demand in china, and model iii in the cc
     
  10. TexasEV

    TexasEV Active Member

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    Any predictions on what "reducing the number of options and powertrain combinations" will mean? Is that the end of the 60? Will air suspension become standard?
     
  11. techmaven

    techmaven Active Member

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    I like this part:

     
  12. ggies07

    ggies07 Active Member

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    Agreed! Pure balls comment there.
     
  13. austinEV

    austinEV Active Member

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    Well, getting rid of the P85+ is a solid start. I bet that was a pain for the line.
     
  14. EarlyAdopter

    EarlyAdopter Active Member

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    This, I think, is the key statement from the earnings report and puts all this "slowing demand" nonsense to bed:
    'nuff said.
     
  15. Johan

    Johan Took a TSLA bear test. Came back negative.

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    I think they will bundle more stuff together. Maybe time to loose the "tech package" all together? (make it standard)
     
  16. dalalsid

    dalalsid Member

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    Anyone else unable to download the shareholder letter?
     
  17. pGo

    pGo Member

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    Its a miss IMO. specially q4 delivery.

    Now, I cannot take them by word on timing. The GF thing being early a bit may just be a relief note which has no value. We'll see in next few quarters.

    Model X was speculated to be delayed including from Jonas. I don't like this earnings. Elon needs to beat his words. He somehow over-promises and under-delivers. Thank god thats the opposite when it comes to actual product.
     
  18. Johan

    Johan Took a TSLA bear test. Came back negative.

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  19. pGo

    pGo Member

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    Another point I would like someone to ask is this: What is taking so much to increase freaking production? Before, it was a battery availability issue. Now what? They need to somehow resolve these issues quickly.
     
  20. dalalsid

    dalalsid Member

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    Thanks. Was able to download from the site after my 10th attempt. First thing I looked at was customer deposits and it looks like they didn't go up at all. I'm wondering if this is from them delivering the s sigs in Asia but not taking any new Sig orders.
     

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