FY2020 Q2 Results

[JAR897]

Hi all, thought it worth starting a new thread to discuss the Tesla performance over FY2020 Q2... as it’s the last day today I’m sure results won’t be far behind!

For now, here’s a few speculative articles and an extract below - with full results expected Thursday/Friday this week!

HAPPY END OF QUARTER!

Actionable Trading Ideas, Real Time News, Financial Insight | Benzinga

Tesla’s Q2 sales, impacted by COVID, will be catalyst for the stock next week

Analysts polled by FactSet consensus expect deliveries of 67,000 vehicles, of which 59,600 would be Model 3 mass-market sedans and the remainder roughly split between sales of the Model S luxury sedan and the Model X SUV.

 

[JupiterMan]

Analysts polled by FactSet consensus expect deliveries of 67,000 vehicles, of which 59,600 would be Model 3 mass-market sedans and the remainder roughly split between sales of the Model S luxury sedan and the Model X SUV.

So analysts are not aware of the Model Y....?! Rule No.1 of investing... ignore analysts!

 

[JAR897]

So analysts are not aware of the Model Y....?! Rule No.1 of investing... ignore analysts!

I’d tend to agree - I actually think the next 48HRS is a good opportunity to BUY as negative sentiment speculation builds, followed by either a sharp increase or decrease following result announcement, and/or then a steady growth pattern as confidence rebuilds.

But it’s all speculative.

ps. Let records show $1008 per share as of right now...

 

[beansnchips]

I was going to buy yesterday but the W-8 forms not cleared yet... Hoping it gets sorted before the results....!

 

[Avendit]

Waiting with baited breath to see which way my token 1 share goes. So far, just shy of doubling my money. One day the value of that share and the cost and utility of FSD will intersect.

 

[bhav]

Based on Q1 and last year, would expect:

Q2 production/delivery numbers on/around 2-3 July (i.e. Thurs/Fri this week)
Q2 financial results on/around 30 July.