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Agree, except cool uncle with a mustang isn't so cool anymoreI agree with Causalien: Ben Kallo is my new favorite analyst. He goes directly for the jugular with his questions and also, thanks to his voice and intonation, comes across as this "cool uncle with a Mustang" kind of guy. And it doesn't seem he is having his strings pulled by some puppet master.
Haiku powered us up 1% in like 5 min... just saying.
Well, this reminded me of something from my past.
It was an 3 years expansion plan that will break even on year 3. I presented to the directors/shareholders everyone was happy and approved. I went ahead and executed for 1.5 years. Annual report time came, the directors did not like seeing the cash burn and voted to terminate it.
Lesson here is. The shareholders will not know they do not like seeing cash burn until they see it and feel it. So never present a plan so ambitious hat net income is negative for any year unless you are powerful enough to be a majority shareholder.
Haiku powered us up 1% in like 5 min... just saying.
Y'all are playing with f...
Deepak actually said **free** cash flow positive, which means that cash will not only cover all operational expenses, including R&D, but capex as well. Incidentally, this is not the first time he mentioned it. I think that he said the same thing either during the Q3 or Q4 2014 ER CC
Nice little article from autoblog about why Tesla's offering is so much more compelling as an entire package. What it would take to build a true Tesla competitor?
Deepak actually said **free** cash flow positive, which means that cash will not only cover all operational expenses, including R&D, but capex as well. Incidentally, this is not the first time he mentioned it. I think that he said the same thing either during the Q3 or Q4 2014 ER CC
In a report published Thursday, Ascendiant Capital Markets analyst Theodore O'Neill commented on Tesla's first quarter results, noting the company reported both a top and bottom line beat to consensus estimates, but faces several upcoming challenges.