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Except there were NO "suite against the former hinge manufacturer". You should get basic facts before posting. Actuators move the doors, not the same as hinges!
Also, nobody was misleading shareholders - difficulties around the FWD, as well as other issues, were discussed by Elon more than once. He did not mention specifics (for a good reason - some people can't distinguish actuator from a hinge, but feel absolutely fine arriving at the sweeping conclusions anyhow), but discussed challenges several times.
We broke $150. My finger is officially on the panic selling button for my options - before they become worthless. Probably a prime indicator to buy, for the rest of you with dry powder.
Especially not 100k for a lumber hauler. I get it, some people have enough money that they will buy a 7 passenger SUV at 100k to also be a work-horse. But I suspect that this is a very small market and most people would prefer to buy a truck if they regularly have to do these types of tasks.
Honestly at this point. There's no point even debating this part or the falcon wing doors, their minds will not be changed. What is sad is probably 80% of the people on this thread or the detractors of it have never seen a Model X in real life so they are quite literally talking out of their butts or just based the "failure of doors" to that one thread where the guy had issues with his car even though he was like the first 100 to be produced.
Hey so I started a thread asking about deferred Autopilot revenue but it seems like most people are panicking so I guess I'll try asking here in case there are more eyeballs. I have 2 questions. First, is it deferred on GAAP only or both GAAP and non-GAAP? Second, do you have a source for that answer?
Non-GAAP gross margin was about 100 basis points below guidance, primarily due to higher manufacturing and part costs related to the ramp of our small drive unit line and the deferral of revenue recognition for certain Autopilot features which are now scheduled for release later this year.
I think Monday it hits 150-145 , tuesday 135-145. wednesday 125-135. Then tesla beats earnings then it bounces to 145-155 . They days of over 200 will have to wait till June?
This thing is falling so fast the lower bollinger band cannot keep up. I've seen panic selling before but this certainly takes the cake. Weren't we at 198 last monday SMH?!:crying: I really hope Elon is planning some reassuring comments because right now Tesla shareholder need them badly.
So thanks for that source which then leads to me wondering how much they deferred. $1,000 per car? I mean that could be like $60 million in revenue which will be recognized in Q4. Am I off base on that? It makes $0.10 EPS look really really easy.They mentioned it was affecting(lowering) their Non-GAAP margins: