I really hope this ends up being excellent for us...
VIN method completely discredited.
My sense is that they decided to stop pumping quarterly results, and rather do what's best for the long term. Fill the in-transit pipeline, invest in stores, R&D, loaners, etc. etc. As a long term investor, I appreciate that. They take a hit this quarter, and with a low-balled guidance for next quarter they set up a good comeback then. They also save the 2014 guidance for then.
Watch also how the stock will climb during the call - listening to Elon explain the progress is always so reassuring.
Yes, my expectation is that they have a substantial number of vehicles in transit. There should be something like 300-500 in North America and a similar number in transit to Europe based on known weekly production rates in Q3 (I endorse DaveT's well thought out estimates, so somewhere ~6,300 total produced) and the number of vehicles that were likely in transit at the end of Q2.
Attractive news for long term investors, I guess not so much for the momentum/short term traders.
Yeah, probably that. I need to be in the former group 100%, not have one foot in the other camp. ;-)
Boom! Higher North American demand in Q3 than Q2. They are just piling it on.
There are things that mean issues in short term like MX now mentioned volume in Q2 2015, not pulled forward. The battery constraint STILL there etc. So short term (Q4, Q1) I think we'll have issues with stock movements. But long term there are huge good news like the gigaplant and demand and cash flow with growth etc.
Ok, my webcast went silent just as the G&S question was finalized and I head "Alright, thank you...". Did anything else continue there or did they just slap on the formalities and stop?