Sparky
Member
I'm looking for X sales to be the brightest spot of the Q. Since I just leased a new X this is totally anecdotal and full of confirmation bias but:I think everyone is watching M3 deliveries and "forgetting" about S&X deliveries. IMHO, the focus of this (investors) forum has completely shifted. Coming toward the end of the Q all eyes used to be on what was the latest VIN, lots of tracking of the sales of S&X. That has fallen by the wayside, with lots of attention toward M3. Very different this quarter....like everyone has forgotten to follow S&X*. I am expecting strong S&X numbers, modest M3 numbers, burgeoning TE numbers. This will be offset by big CapEx's (Superchargers, Model 3 ramp) and also SCTY charges and bond retirements.
*except in Europe, and those are good.
I now often see X's outnumbering S's at many of the Supercharger locations in CA I stop at.
On my frequent drives north, I've always noticed the Tesla car carriers coming down the I-5. But now with equal or greater X's than S's.
The X is an amazing vehicle, packed with so many cool and practical features, and not subject to any M3 Osborning.
I expect the China market to start lapping them up.