2017 Investor Roundtable: TSLA Market Action

[The Blue Owl]

CNBC video with Spiegel

 

[racer26]

That's exactly what I meant. The choice of this fraction is the "engineering" part. AP1.0 recognized more than what they have done to AP2.0 with less performance at that time.

You're suggesting that AP1.0 recognized revenue before delivering any software to run it? That's what I mean.

Of the ~15,000 AP2 cars on the road at Dec 31, only 1/15 or so of them had any software at all delivered.

The 1,000 that did, the software was only partially functional. If Tesla chose a fraction to recognize greater than zero, they would have to make an argument that they'd delivered that much of the product.

 

[Fallenone]

You're suggesting that AP1.0 recognized revenue before delivering any software to run it? That's what I mean.

Of the ~15,000 AP2 cars on the road at Dec 31, only 1/15 or so of them had any software at all delivered.

The 1,000 that did, the software was only partially functional. If Tesla chose a fraction to recognize greater than zero, they would have to make an argument that they'd delivered that much of the product.

Yes. And Tesla is doing things differently this time. That's the "engineering" for next Q I meant.

 

[Peoria]

Approaching 1 million for after hours volume.

And as a note to the AP2 discussion. I don't even think to use mine. It's one of the two things I can honestly say sucks about my MS. The other is the nav system but that's another discussion. Hopefully an update is due to make AP2 functional, and soon. I miss using it. Won't even consider purchasing self driving until it is up and running as intended.

 

[austinEV]

crap. wheeler leaving.

 

[everman]

Jason Wheeler leaving is really unfortunate.

 

[Bgarret]

crap. wheeler leaving.

Agree....crap.

 

[mmd]

Musical CFO chair? And Adam Jonas back to Mars? Serious question
How does he get the first question?

 

[Johan]

Surprising to hear Wheeler jump off so soon, but at the same time very interesting to have Ahuja return... Not sure what to make of it?

 

[ggr]

Insurance!

 

[Bgarret]

Insurance!

Good thought Adam....already doing it.

 

[austinEV]

Good thought Adam....already doing it.

Did we know that? I don't recall hearing about insurance products.

 

[JRP3]

Did we know that? I don't recall hearing about insurance products.

Agree, I thought he said something along the lines of if the insurance companies don't fairly value the safety of the vehicle then they would look into insurance.

 

[Bgarret]

Did we know that? I don't recall hearing about insurance products.

Just what they disclosed on the call about bundled in Asia.

Damn, Goldman Sachs knows how to ask a question that takes the air out of the room.

Now go to bed, Goldman.

 

[austinEV]

Agree, I thought he said something along the lines of if the insurance companies don't fairly value the safety of the vehicle then they would look into insurance.

I think they very clearly said they were selling insurance. I was unsure if this is a new revelatation. (probably in limited markets or something)

 

[EinSV]

I think they very clearly said they were selling insurance. I was unsure if this is a new revelatation. (probably in limited markets or something)

I vaguely recall them selling insurance in Australia but hadn't heard of sales in other markets.

 

[JRP3]

Just what they disclosed on the call about bundled in Asia.

I think they very clearly said they were selling insurance. I was unsure if this is a new revelatation. (probably in limited markets or something)

I guess I missed the part about Asia

 

[myusername]

so what was I talking about this morning... that's right... bots running this stock... when was that?... at $279-$281... where are we now?

 

[1kEE]

Elon: "Feel pretty confident re. 5000 a week this year"

 

[Bgarret]

Margins approaching S & X by 5000 Ramp....that's great.