Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[Cherry Wine]

Not sure if noted, but energy storage revenue was 759 million. A 3 billion dollar company within the company only limited by supplies to build product. Q4 could be the first billion dollar quarter for TE.

What are your thoughts on associated costs for energy storage? Would like to see those start coming down.

 

[hershey101]

Anyone here actually have the FSD release and have tried it out?

 

[HVM]

What Tom Nash says:

 

[wipster]

FSD wide release is coming!

Right now it's just breathing hard...

 

[Cherry Wine]

I see these comments about manufacturing capacity ramp as an anti-osborning measure (in addition to, again, lowering expectations).

 

[BornToFly]

Elon, stop talking about how slowly the new factories will start making cars in the beginning. Bears will use this for FUD.

 

[TheTalkingMule]

FSD wide release is coming!

I would really like to see a few curated Youtube videos later this week as a backdrop to the SP runup on earnings. The numbers are there, lets wow some folks with a vision of the future(now) as well.

 

[Cherry Wine]

Elon, stop talking about how slowly the new factories will start making cars in the beginning. Bears will use this for FUD.

If he's talking about Berlin, which I think he was, he's probably looking to incentivize Model Y deliveries in the interim.

 

[Gifford 3]

Still happy about the beat on Q3 2020

 

[hoang51]

Anyone here actually have the FSD release and have tried it out?

I think if anybody does, there's an NDA they must adhere to.

 

[ZachF]

Elon, stop talking about how slowly the new factories will start making cars in the beginning. Bears will use this for FUD.

Who cares... more discount for us longs.

 

[Chunky Jr.]

Elon, stop talking about how slowly the new factories will start making cars in the beginning. Bears will use this for FUD.

I'd rather see them under promise and over deliver than hype up something they can't deliver on. I think it is good to set expectations low.

 

[farzyness]

Elon, stop talking about how slowly the new factories will start making cars in the beginning. Bears will use this for FUD.

I love it - he's managing expectations. This will increase chances for blow out quarters in 2021.

 

[MTL_HABS1909]

When is the last time the stock went up during the earnings call? It seems like it always goes down.

Edit: SP was $437.50 at the start of the call.

 

[JRP3]

I'm guess $500 by early Friday, then a pushdown to $485 by Friday close, and a drift up to $520 by end of next week.

Please put down the bong, and the crack pipe.

 

[bkp_duke]

Guidance by Zach:

- Increase of regulatory credits to MORE than double 2019 numbers (previous guidance was around 2x)
- Improved margins ~18% previous now up to ~23% (excluding reg credits)
- Improved vehicle reliability across the fleet
- Improved/record energy sector deployments
- Cash balance increase

2021
- expanded CapEx by 2-2.5B to accelerate deployments of new facilities
- early paydown of 2021, 2022, and 2024 convertable notes (it's good to be flush with cash)
- repeated guidance for 500,000 deliveries, with some "challenges" to meet that number

There are more, wish I could type faster.

 

[Chunky Jr.]

Zach reiterating 500K production

 

[Tim S]

Hmmm... seems like an interesting time for Ally to want permission to lend my shares today:

View attachment 600948

When I got a call from ETrade like that last week, they wanted me to lend out my PLL shares, not TSLA. I don't think TSLA is a "hard to borrow" stock, but I could be wrong.

 

[adiggs]

The real answer gets into accounting, and I believe that every investor needs to have at least a basic understanding of accounting principles. Stuff like double entry bookkeeping, debits / credits, expense / capital, and reading financial statements (income statement, balance sheet, cash flow statement) as well as understanding how these are different and why they are essential and complementary for understanding a business.

I also believe there are any number of online primer / education sources for this sort of education, and I expect they'll run between 2 and 8 hours (it's not hard, but it's not trivial). And I've probably freaked out a few accountants along the way (note - I'm not an accountant, nor do I work in anything resembling that field).

In fact, here's a course on Coursera that covers this stuff. They estimate it's 13 hours.

Financial Accounting Fundamentals

 

[Unpilot]

I know we all know it...but my gawd this company is freaking awesome...I only wish I could invest more!!!!