Great work. you'd have been bang on target without the BTC sale, though there certainly have been a few offsetting items that couldn't have been predicted accurately
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
2daMoon
Mostly Harmless
corduroy
Active Member
I assumed that was those unfortunate souls who paid their dues driving a Leaf/Bolt.
The Accountant
Active Member
Auto Margins (Excluding Reg Credits):
Q4 2020 - 20.7%
Q1 2021 - 22.0%
Huge improvement and will only get better as volume increases in Shanghai.
Q4 2020 - 20.7%
Q1 2021 - 22.0%
Huge improvement and will only get better as volume increases in Shanghai.
HG Wells
Martian Embassy
Your forgetting the credit card fee's for those who do it as an add on.
So 99.2%
Not to mention when higher margin cars start selling again in Q2.
LiveLong&Profit
Member
Normally I would agree. But, given overall inflation, crypto hedging kind of makes sense. And yes, don't overdo trading. On the other hand, I guess Tesla in general and Zach specifically has the bandwidth to set a probable range for crypto, and buy/sell minor portions when the range is exceeded to either side.
Your avatar a real-time image of you?
Fishy Fish
Member
Maybe a shortage of chips for the 10 teraflop entertainment system
The Accountant
Active Member
Thanks - and I only post my work publicaly for my TMC team here (no twitter, Youtube, etc). I've benefited more than you could imagine from all of you that I feel an obligation to contribute in some way.
Complete guess, but I do wonder if Model S/X delays could have something to do with this:
In Q1, we were able to navigate through global chip supply shortage issues in part by pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.
ByeByeJohnny
Active Member
Didn't they make $272 million? That's what proceeds from sales of digital assets says. Is there anything but bitcoin there? This is a new line in the report so should all be bitcoin.
Or does it mean they sold for $272 million out of which $101 million was profit?
Depending on when they sold I would say the got between 52k-58k. Bitcoin has lost roughly 2% since ER came out.
Krugerrand
Meow
100% in my household. Actually, 100% in my circle. I’m happy to work for free and hard sell those I’m willing to interact with. There’d be more FSD sales if I actually liked people.
The Accountant
Active Member
That's Ben Affleck from the movie The Accountant but my features are not that far off.
Thank you very much for your invaluable contributions. Your insights and perspectives are a huge benefit to us all.
Maybe you should hang on to this question for a while and ask it AFTER the product is released !?
People do not often calculate take-rate on future products that have not been released yet, ... just sayin'
agastya
Member
Even if you give TSLAQ the benefit of doubt re: regulatory credits, the dumdums can't figure out a trend when it's screaming at you.
How are these lemmings so up their own backside to not realize it will flip over as soon as revenues eek out from the capacity expansions in the next 9-12 months?
How are these lemmings so up their own backside to not realize it will flip over as soon as revenues eek out from the capacity expansions in the next 9-12 months?
They spent c.$1.2b on BTC, made a profit of c.$100m and ended the quarter at c.$1.3b (without being allowed to reval upwards) - That implies that they were paid in BTC for vehicles to the order of c.$300m (assuming the $100m difference in cash paid and EoQ balance, plus 100% gain on sold BTC). Not much out of $9b total revenue, but still a nice little earner.
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