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You are missing the overall picture. Risk to tesla is running out of cash before getting model 3 out. What we heard last night is that they won't. There is no need to raise cash, will be cash positive while completing giga factory ramping up model X production and developing model 3/ tesla energy. They are unstoppable now. Last years loss was incurred by building up stores/dealerships/superchargers/increased manufacturing capabilities and world wide expansion. So tell us what did you accomplish last year?
Of course but continuing missed estimates further erodes shareholder confidence. I think the glue here is the analysts trust Elon. Not sure how long that trust will last.
Which estimates did they miss? Feel free to elaborate which ones and whatever miss matters for the long term.
My confidence in them increased significantly after this report.
Which estimates did they miss? Feel free to elaborate which ones and whatever miss matters for the long term.
My confidence in them increased significantly after this report.
The loss is because Tesla spent a lot of money for R&D and Capex
My confidence increased because of Wheeler. My hope is that he can stand up to EM, when needed. He has a path to not having to go back to the credit markets.....IMO, THAT is the reason that TSLA stabilized....The market would have punished TM/TSLA severely if there was a hint that they would need to raise more money in this macro environment.
Here's what I was referring to:
Earnings: Losses widened at Tesla Motors (NASDAQ:TSLA) as the firm reported adjusted loss of ($0.87) per share. Analysts have said that they expected Tesla to report earnings of $0.12 per share – but it is glaring that profits were elusive for the electric vehicle maker once more in Q4 2015. Tesla missed estimates by a massive 833% and it marked a 569% drop from a loss of $0.13 in the year-ago quarter
Revenue: The firm also showed weakness on the revenue front as it posted revenue of $1.75B below the consensus estimate of $1.80B in revenue. The firm missed revenue expectations by 2.8% but revenue was up 59% on a year-over-year basis
Yeah, the increased focus on cost and cash is great. Dropping of 85KWh is one example. This is a similar story as with Google and their change of CFO.
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They don't guide for EPS so it is just analysts guesses based on very little. Same story as with Amazon.
Which number is the important one: 2.8% or 59%?
Of course but continuing missed estimates further erodes shareholder confidence. I think the glue here is the analysts trust Elon. Not sure how long that trust will last.
Who cares what shortsighted "shareholders" think. They are welcomed to sell their stock and go buy some other companies that they have confidence with. I have absolute confidence that Elon and his team will make Tesla one of the greatest company and I'm willing to wait.
Who cares what shortsighted "shareholders" think. They are welcomed to sell their stock and go buy some other companies that they have confidence with. I have absolute confidence that Elon and his team will make Tesla one of the greatest company and I'm willing to wait.
Tesla's investors care. In order to get to where we all want them to be they need to increase shareholder value so they will be in a position to be one of the greatest companies. I'm long and am profitable until it goes below 19 but institutional investors are purely data driven.
If Tesla runs out of money and needs to issue a secondary stock offering, I believe it will make a difference what stockholders think...