It is also only a $120M profit on $2.5B in Sales or 5% Net Profit Margin. Should be very doable.
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It is also only a $120M profit on $2.5B in Sales or 5% Net Profit Margin. Should be very doable.
Johan
Ex got M3 in the divorce, waiting for EU Model Y!
I hear you sleepy. Let's revisit this post after the call and if you get all those claims right I'm buying you a beer! (I will mail you a local hand brew from my hometown here in Norway).
What I would love to know is, what did the display at the factory say was last week's production output?
So many previous factory visitors have shared the number they saw on the display, and it's been quite interesting.
This past weekend, an army of TESLIVE people visit the factory, and as far as I can tell, not a peep.
Either a) Tesla turned off/hid the display during TESLIVE tours or b) everybody signed an NDA. I can't figure out which.
So many previous factory visitors have shared the number they saw on the display, and it's been quite interesting.
This past weekend, an army of TESLIVE people visit the factory, and as far as I can tell, not a peep.
Either a) Tesla turned off/hid the display during TESLIVE tours or b) everybody signed an NDA. I can't figure out which.
Yes, I think a "normalized" $0.30/share is quite doable, and I posted a question on the market reaction to lease accounting this in the other "Q2 surprise thread" (my bad if it was the wrong thread, but they are similar) http://www.teslamotorsclub.com/show...Potential-Surprise/page15?p=385699#post385699. Good to hear that you think this will be, as you say, "normalized". But there will surely be trolls screaming that the Q1 profit was the first and only... I hope you are right on the markets view on this, and agree that they will probably state that they expect (slight) profitability Q3 and Q4 and possibly raise the 21000 target slightly (see my post in the other thread). As you say, there will be a growing number of cars in transit this year. In any event, I think we can look forward to the call!
Johan
Ex got M3 in the divorce, waiting for EU Model Y!
See post #95 in this thread, just above, by Benz which clearly states this:
smorgasbord
Active Member
JRP3
Hyperactive Member
Nasdaq estimates that Tesla Motors will report earnings on July 24. Other sources have been guessing July 22, but they are usually referring to the Monday that begins the week during which the report is likely. None of this is official. In April the company officially announced the earnings report date fifteen days in advance. In February the announcement was made nine days in advance as there was a minor problem that caused a delay in settling on a date. Both of those earnings reports were released on Wednesdays. Since an official announcement has not yet been made this month, it would not surprise me if the earnings report does not arrive next week. Getting the report in during the first month of a new quarter indicates confidence that’s appreciated by investors, especially money managers. Relatively new companies tend to take longer to assemble the data, as has been the case with Tesla in the past. That’s one of those efficiencies as with car production that develop with maturity. My bet is on Wednesday, July 31.
Acmykguy
Member
I was teslalive and although I did not have a plant tour many friends of mine did. No DNA was signed. I cannot vouch for the 5454 number but would not doubt that after group one on Friday went through they shut it off.
Johan
Ex got M3 in the divorce, waiting for EU Model Y!
Sorry. I was focused on Q2 which is the topic of this thread, and last week was in Q3.
Standard carmakers sell to their dealers.
Tesla is selling the cars to customers, the dealers are agents owned by Tesla.
Therefore their accounting method has to be different.
FredTMC
Model S VIN #4925
I've heard other people on the tour say they saw the same number. I was on the tour. Based on hearing this from more than one person, I'd say its probably true
Someone on the forum predicted $1 per share at around 5470... Didn't check the calculations behind it. I'm more interested in knowing the official current production rate and an update on X and Gen 3 with any good news on battery technology front during earnings.
Incorrect. Registration for the factory tour included clicking a button on the screen after reading/skimming through some text that was an NDA. Also the sticker with our names on it had "NDA" in the corner.
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I kept mine:
Tesla Motors Announces Date for Second Quarter 2013 Financial Results - Yahoo! Finance
looks like August 7th is our next big catalyst !
looks like August 7th is our next big catalyst !
Has anyone done a breakdown of the component costs for the Model S?
Infographic Reveals Tesla Model S Part Origins - Gas 2
Infographic Reveals Tesla Model S Part Origins - Gas 2
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