Short-Term TSLA Price Movements - 2016

[Runarbt]

I am Long TSLA and I think the results are great to show where the company could be without a huge growth trajectory. Having said that, the 600MM increase to AP is probably mostly to do with the CapEx, which they estimated at ~$1B for Q4. This may be a small profit but next quarter is a massive loss. Sell roughly the same cars, remove another 750MM in capex and 130M in ZEV and you get a loss of 850MM at least, which I understand am ok with.

In my opinion, the biggest positive item is the SG&A expenses barely moving compared to sales volume. As long as the 600MM in AP is not related to SG&A expenses this is a huge sign of Tesla turning the corner on efficiency.

How come they guided Q4 GAAP positive then?

 

[Hogfighter]

Campari soda on ice....first time since 2013.... been a long time coming.

Crab feast w lots of beer. Bought before earnings report.

 

[Cattledog]

Campari soda on ice....first time since 2013.... been a long time coming.

Well my drinks not as good but I have a good seat for the call, front of the bus on the Dreamliner going from SFO to IAH. Looking forward to a few LOL moments where neighbors look over and wonder what's up. TSLA, that's what's up.

 

[racer26]

Hah. Elon just RT'd Fred's post slamming Lutz.

 

[ggr]

I am Long TSLA and I think the results are great to show where the company could be without a huge growth trajectory. Having said that, the 600MM increase to AP is probably mostly to do with the CapEx, which they estimated at ~$1B for Q4. This may be a small profit but next quarter is a massive loss. Sell roughly the same cars, remove another 750MM in capex and 130M in ZEV and you get a loss of 850MM at least, which I understand am ok with.

In my opinion, the biggest positive item is the SG&A expenses barely moving compared to sales volume. As long as the 600MM in AP is not related to SG&A expenses this is a huge sign of Tesla turning the corner on efficiency.

You're ignoring the part of the letter where they project a profit for Q4 as well?

 

[DaveT]

Not much to dislike in TSLA's Q3 earnings report.

The thing that sticks out the most is fiscal discipline. Expenditures are being kept under tight control. Combine that with a big jump in revenue and strong gross margins, and that allows for Tesla to come out with GAAP profit and free cash flow. Looks like CFO Jason Wheeler is doing a great job on the finance side.

Congrats Tesla!

 

[everman]

Here is the CNBC video featuring Ben Kallo and James Albertine.

Tesla demand is solid: Albertine

 

[austinEV]

Campari soda on ice....first time since 2013.... been a long time coming.

Pinot Noir on ice for me.

 

[Andex23]

How come they guided Q4 GAAP positive then?

Maybe I missed that in the letter, where do they guide GAAP positive Q4?

 

[AlMc]

Pinot Noir on ice for me.

Pinot Noir: Yes On ice: Never

 

[drinkerofkoolaid]

Where does Tesla account for the cash from Model 3 deposits?

 

[austinEV]

Pinot Noir: Yes On ice: Never

<-- nouveau riche

 

[esk8mw]

Tweeting that he loves his cult members 5 minutes before the call, ha! I think we are going to get Elon in rare form for this call as opposed to recent somewhat grumpy Elon.

 

[lorih]

Just sipping tea myself, but feeling TSLA smug, none the less.

 

[NOLA_Mike]

LOL

 

[Fallenone]

Tweeting that he loves his cult members 5 minutes before the call, ha! I think we are going to get Elon in rare form for this call as opposed to recent somewhat grumpy Elon.

Love the man 2

 

[sub]

Ben Kallo and James Albertine in CNBC: CNBC Global Player

Yeah but chanos and the putz said Tesla is a sham and they can't possibly have ulterior motives!

 

[koolkool]

Would love to see Chaynos's reaction right after the earnings release.

 

[Irishjugg]

Looks like they are focusing on profit vs. volume.
They are projecting to miss the plan of 80,000 for the year, but now projecting Q4 profit, so that is good.

Fyi, you are mistaken, Tesla reaffirmed guidance of 50k+ H2 which means reaffirmed 80k+ 16

 

[TNEVol]

<-- nouveau riche

Did you not realize that reds are now warmer than appropriate due to global warming?