Short-Term TSLA Price Movements - 2013

[rage_777]

Wonder what price I should buy more shares?

 

[gen3_in_utah]

http://files.shareholder.com/downloads/ABEA-4CW8X0/2736781853x0x703566/873a40e5-e798-4956-878f-47a19286d256/Tesla%20Q3'13%20Shareholder%20Letter%20final.pdf

Thanks for the link. I kept refreshing ir.teslamotors.com waiting for it.

 

[redharel]

results is OK the market is overreacting to the negative for some reason

 

[Gtoffo]

While we expect to achieve our target of 25% non-GAAP automotive gross marginin Q4 (assuming no contribution from ZEV credits), further progress is likely if customers continue to purchase ourvehicles with a high option take rate.

This one is huge.....

 

[FANGO]

So no production guidance going forward? Or am I missing something?

Guidance for 2013 increased to 21,500, up from 21k. I don't see a mention of 2014 yet.

 

[hoang51]

Slightly OVER 5500.

21 % Gross Margin ex ZEV

Bumped FY13 to 21,500 if not more

Higher ASP per vehicle and possibly more depending on option take rate

Will Share 2014 Plans in Q4 call.

I think what's dropping this stock is the 21,500 cars only delivered by the end of this year. It's a disappointment that this quarter has to bear that news. But I think the conference call can shed light why it's at 21,500 and not higher.

 

[justthateasy]

It looks like we got AAPL'd this quarter.

A reversal in price movement after market hinges a lot on the conference call.

 

[Johan]

Whoah overreaction in the aftermarket. Sheez. Should be interesting to listen in on the call.

 

[ggr]

So no production guidance going forward? Or am I missing something?

"Guidance will be provided with our annual report early next year." (approximate quote)

They beat the estimates, but not as much as people wanted, I guess.

 

[hoang51]

Guidance for 2013 increased to 21,500, up from 21k. I don't see a mention of 2014 yet.

According to the letter, they won't discuss it until Q4 release.

 

[Cameron]

Whoah overreaction in the aftermarket. Sheez. Should be interesting to listen in on the call.

Seriously! It was down 14pts before I think most of us even started reading the letter.

 

[maekuz]

It looks like we got AAPL'd this quarter.

A reversal in price movement after market hinges a lot on the conference call.

Yes, its like AAPL and FB earnings all over again.

 

[hoang51]

It looks like we got AAPL'd this quarter.

A reversal in price movement after market hinges a lot on the conference call.

That is true. TSLA needs a reversal from the conference call. I just hope that they won't be like Facebook and tank the stock by spewing pessimistic things all sugar coated with some optimistic things. An AAPL move would save some, but not all. I feel bad for those who bought further out thinking this stock would go to $200. That's very distant at this point. I was hoping it'll break the all time high of $194.50, but it looks like it won't happen until some time next year.

 

[yngwie_2012]

so we are again where we left last week

 

[FredTMC]

Yes, its like AAPL and FB earnings all over again.

i strongly encourage Elon to get on the call and give 2014 guidance. Give investors some reason to expect accelerating growth

 

[maekuz]

According to the letter, they won't discuss it until Q4 release.

I guess thats the killer. No guidance on 2014.

 

[redharel]

like facebook the q4 outlook is missing expectation causing the drop

DETROIT, Nov 5 (Reuters) - Tesla Motors Inc <TSLA.O>
reported on Tuesday a stronger-than-expected, third-quarter
profit, but offered a fourth-quarter outlook that fell short of
Wall Street estimates and the company's shares fell in
after-market trading.
The electric car company reported an adjusted profit of 12
cents per share, better than the 11 cents per share expected by
analysts, according to Thomson Reuters I/B/E/S.
But Tesla, run by billionaire Elon Musk, said it expected
its fourth-quarter profits to be "about consistent" with the
third quarter. Analysts had expected Tesla to report a
fourth-quarter profit of 20 cents per share.
Shares dropped 7.3 percent in after-the-bell trade following
Tesla's results.

 

[yngwie_2012]

i wonder why this q3 letter was so boring

 

[brysondad]

Its not over yet, still waiting for the conference call!

it's over for this year.

 

[destroid]

"non-GAAP automotive gross margin (excluding zero emission vehicle or ZEV credits) rose to 21% from 14% last quarter"

50% increase in gross margin is not helping the TSLA price after hours? We should probably all just go verrrrry long to filter out the silliness in this market...