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Q2 2017 Earnings Estimates

Discussion in 'TSLA Investor Discussions' started by luvb2b, Jul 14, 2017.

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  1. schonelucht

    schonelucht Active Member

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    Energy generation&storage revenue was $286,780,000. This included :

    So Tesla energy storage revenue was $15,680,000. On the cost side, generation&storage carried costs of $203,762,000. This included :

    So Tesla energy storage cost was $29,762,000. Gross margin on Tesla Energy storage product : -$14,082,000. Or -90%.

    Interestingly, Elon told potential bond investors on a conference call that they don't expect Gigafactory battery production costs to drop below generic Panasonic import before the last quarter of this year. I must assume the same holds (or maybe even worse given the lower volumes) for energy storage cells which explains the extreme negative margin on their powerpacks so far. Up untill today it seems Tesla is buying energy storage market share on their shareholders dime. Fortunately, the market is rather small.
     
  2. techmaven

    techmaven Active Member

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    I didn't see this... can you provide a source?
     
  3. schonelucht

    schonelucht Active Member

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    Tesla Gigafactory is already producing more batteries than any other factory in the world, says Elon Musk

     
    • Informative x 1
  4. ItsNotAboutTheMoney

    ItsNotAboutTheMoney Well-Known Member

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    • Like x 2
  5. techmaven

    techmaven Active Member

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    Ah... ok.

    Yeah, ok. Model 3 battery packs have been hand made thus far. This doesn't say anything about cell pricing.
     
    • Informative x 1
  6. MitchJi

    MitchJi Trying to learn kindness, patience & forgiveness

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    Or TE pack costs.
     

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