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WhereismyM3
Member
150 mil is a ton when they have to report bitcoin losses this quarter. Some dude magically orders May 18th and gets a car and others order March in the same city and are waiting and people are in here defending Tesla? Elon is a genius but he’s also the one running around yelling about some meme dog coinThis is technically correct, but it might be a bit misleading, granted I am NOT savvy with money maths ><. The Complete Toolbox for Investors | finbox.com q1 2021 they made profits of 438 million. 518 Million of that profit was from EV credits. Tesla also invested into Bitcoin which I think doubled? in the last 2 quarters before a sharp drop off during this quarter (this would explain them squeezing every penny I guess) I think i remember the bitcoin investment was 1.5 billion? I don't know if it even contributes to the bottom line on these things though.
Tesla's $293 Million of Free Cash Flow in Q1 Was an Incredible Year-Over-Year Improvement | The Motley Fool
Sale of regulatory credits and Bitcoin garnered attention, but let's talk about factory development and scale.www.fool.com
edit for the 518 million dollar number
I dont' know if you are referring to me defending anyone. For the record I am just attempting to contribute to a conversation that I feel like I would learn something in.
As you know the VIN comes to you at some point while your car is manufactured. Depending on how far away from Fremont you live, it could take a week or two to get the car to you. Depending on lots of factors, it may not be easily determined when your even delivery date might be.
For us Californians, delivery can be 2 or 3 days after us getting a VIN. Because of that though, our cars are usually manufactured last every quarter.
Potentially from people that canceled their orders due to the radar removal, lumbar removal, canceled for financial reasons, delayed to next quarter for financial reasons, rejected delivery due to QC, etc. Lots of potential reasons why, especially this quarter.
WhereismyM3
Member
Not you sorry. There’s just people on the forums and Reddit that say dumb *sugar* like “stop complaining the car is great” Elon defenders
OH, and I forgot to add to my list of how that can potentially happen, having someone on the inside like what recently happened to the Sacramento guy that ordered 5/20 and just got a VIN with delivery in a few days.My take away from this response: I very much understand that you all are a bunch of whiny babies! Let me school you on why you’re completely wrong about your assumptions, you’re probably wrong about everything in life, but I’ll be nice and just point out why you’re wrong here
oh and it would move their adjust revenue to slight less than 1.75%, 150 million ($149,800,000) extra is still a lot of dough for a quarter. But I’m sure I’ll be corrected if I’m wrong.
You make a valid point though, but it doesn’t seem to line up with their current actions. If they sold out of Q2 production by the 1st or 2nd week of May, why would anyone that ordered after that get their car before people that ordered before production sold out???? I know there may be a few exceptions based on unforeseen circumstances where some that ordered later would get their car, but that doesn’t seem to be the case. A lot of people seem to be getting their orders even after ordering after the sell out while others that ordered before haven’t got their car. I’m not talking East Coast vs. West Coast. There have been plenty of examples of people in the same area ordering and the later order getting the car first.
At the end of the day, it’s Tesla and none of us have a clue why they do what they do, especially since most of the employees don’t seem to have a clue either.
Kenz3
Member
Hahahahaha I completely feel you. I’m in an identical situation. Picking up at Burbank. Considering shopping spree for wife …. Hahahaha
Whelp, I had to take matters into my own hands.
I happened to refresh the existing inventory and a car with my exact specs popped up in my area. I immediately placed and order and was assigned a VIN. Going to ask my SA to possibly merge my orders. Fingers crossed.
I happened to refresh the existing inventory and a car with my exact specs popped up in my area. I immediately placed and order and was assigned a VIN. Going to ask my SA to possibly merge my orders. Fingers crossed.
id436eg9045
Member
Now getting the same EDD pattern as before (one day to the right each morning), except in July instead of June. Fun.
I got a call around 5pm yesterday to let me know that my Blue/Black M3LR wasn't going to be ready for pick up today.
I'm still really salty about it. They had several opportunities to inform me that it had never left the factory as planned due to "damage to the wheel". But no, they tell me less than 24 hours before and inform me it's "coming on the next shipment" probably around the 20-21st.
It's like Christmas got pulled out from under me. Now I'm sitting here wondering what kind of wheel damage are we talking about!?
Ugh. I just want my car.
I'm still really salty about it. They had several opportunities to inform me that it had never left the factory as planned due to "damage to the wheel". But no, they tell me less than 24 hours before and inform me it's "coming on the next shipment" probably around the 20-21st.
It's like Christmas got pulled out from under me. Now I'm sitting here wondering what kind of wheel damage are we talking about!?
Ugh. I just want my car.
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