Elon is in a good mood and they brought the earnings call forward
I think this means a very good profit of at least $200m. Remember $200m is the just a small matter of whether 2,500 Performance Model 3s got out the door on time or not
And Q4 profit will be at least $500m.
Which means market cap should be up to $100m before the end of the year
There could also be the chance that they have brought the earnings call forward because the general index has been looking very shaky so they are trying to shore up the share price before those bonds become due, or that they realise that TSLQ is vulnerable right now, or it will come alongside some Saudi announcement which had to be put back earlier this week because of the murder controversy.
Whatever the situation, I cant see any bad news. I would be interested to know how new reservations for the model 3 have been coming in over the past 3 months. Now that people get the chance to see and touch their neighbour's Model 3s, we should hope that these numbers are very strong. If fact, if they were very strong then that may justify a capital raise to bring forward the building of the China Gigafactory
I am feeling bullish today