Short-Term TSLA Price Movements - 2016

[Blip]

Strange AH-movements... Now it's +3

 

[Jayjs20]

Man is anyone watching that? It's going from 217 to 225 to 220 in a minute.

And now up to 228

Now 233? This is bad, I was hoping to buy in tomorrow

And now 226. Dropped 7 dollars while I was typing that.

Think I'll stop now. This could go on for another hour.

 

[farzyness]

It's released.

 

[sub]

Seeing green AH now, shorties playing games.

 

[esk8mw]

Seeing 50 cent miss in news feed...

 

[sub]

I'm on my phone, wouldn't complain if someone posted link

 

[NOLA_Mike]

Guidance - "On track to deliver 50k vehicles in second half of this year"

 

[ZenMan]

Completed Model 3 design phase • Increased automotive gross margin on both Model S and Model X • Exited Q2 consistently producing nearly 2,000 vehicles/week • Production and demand on track to support 50,000 deliveries in 2H 2016 • Merger agreement to acquire SolarCity signed, subject to shareholder vote

 

[farzyness]

IR getting hammered.

 

[farzyness]

Link to letter:

http://files.shareholder.com/downlo...-3408D1B60226/Q2_16_Update_Letter_-_final.pdf

 

[ZenMan]

Our Q2 GAAP net loss was $293 million or a $2.09 loss per share on 140 million basic shares, while our non-GAAP net loss was $150 million, or a $1.06 loss per basic share. Both figures include a $0.05 per basic share loss related mostly to losses from foreign currency transactions. Cash and cash equivalents rose to $3.25 billion at quarter end, driven by the successful completion of our $1.7 billion secondary offering, receipt of Model 3 deposits, an incremental $113 million draw against our ABL, and effective cash management. The ABL draw is tied to operations and mirrors the temporary increase in vehicles in-transit at quarter end and growth of our direct leasing portfolio. Our GAAP cash flow from operations during the quarter was $150 million, which included the receipt of Model 3 deposits. After adding $143 million of cash inflows from vehicle sales to our bank leasing partners, our cash flow from core operations was nearly $293 million.

 

[Jayjs20]

Well, grats whoever bought in <220 or sold >230. Looks like it's settling somewhere in the middle right now.

 

[aznt1217]

I'm fine with it. Great for long termers, not so good for short term trading because there wasn't a huge swing (not yet at least). Things are moving right along.

 

[3Victoria]

The 2nd quarter update is available at ir.tesla.com.

 

[stealthology]

Clock is ticking for shorts.

 

[TMSE]

Clock is ticking for shorts.

Why?

 

[Calvin.K]

"Some Model 3 production equipment is already on line, including initial capacity in our stamping and paint centers."

I knew about the Paint centers but the stamping is news to me!

 

[30seconds]

Why?

telsa is on track for increased sales growth in Q3 and Q4 (annualized 100k rate for S + X) and model 3 launch next year. Already at $6.4B annualized revenue rate in Q2 and will be closer to $9-$10B rate by year end.

 

[NOLA_Mike]

StockTwits on Twitter

StockTwitsVerified account‏ @StockTwits

Tesla's second quarter free cash flow just crushed the estimates: http://stocktwits.com/TopstepTrader/message/59807344?utm_medium=community-twitter&utm_source=t.co&utm_campaign=outboundteam… $TSLA

 

[Johan]

I we've learnt one thing in the last couple of years from listening to Elon, watching Tesla grow, lately listening to Wheeler it's this:

CASH FLOW. CASH FLOW. CASH FFLOW. CASH MANAGAMENT. GETTING TO CASH FLOW POSITIVE. FUNDING GROWTH MAINLY THROUGH HAVING POSITIVE CASH FLOW.

Forget GAAP, non-GAAP results. Just keep your eyes on the ball: cash flow. All is good. Relentless growth is in progress.