This is what we all have waiting for and as usual it happens when no one expected it to happen not the bears and not the bulls.
Congrats to all longs my last purchase was below 190 sh and I did know its been a bargain.
That surprise ER catches all manipulators and people betting against obvious good development in the last quarters rightfully on the wrong foot be it retail investors or large hedge funds. Not good standing on just one foot so I expect some will loose balance in the next days. To be honest I have zero regret for those hating Tesla and spreading lies, FUD and misinformation because of greet to loose all they have and wish this for them to be a lesson in life they learn from.
If you want to understand a company don't listen to other people or the media or emotions but use their products and look at the people managing the company. The stock price will always take care of itself - its just a question of time.
There is a ton of positive within the numbers to analyze but beside the strong results from Q3 I am even more positive about a lot of indications that they indeed may have turned a corner now and can benefit from different aspects of the business they did invest in for years as well as future outlook. No doubt there are challenges ahead that may weight on ER in Q1 and Q2 but after, that should be it mainly and while Tesla is printing money shorts will wonder how all that did happen.
- The obvious is CF, Profit, GM, revenue etc
- Only a fraction of FSD referred revenue has been allocated yet to its in fact recurring with growing fleet
- S&X demand is growing which is very important for profit but they are niche versus 3 and Y therefore loose relevance
- Y started trial production and supposed to sell more than S,X,3 combined (wow just wow)
- GF3 earlier than expected, most of us know but not the world really
- Model Y a quarter earlier than expected (this is huge)
- Energy back on growth path and still heavily underestimated
- Storage demand strong and solar too
- Shortage of Cells confirmed as the bottle neck in the past for Energy so no demand issue
- GF4 to be announced this year which is the next lever
- 360k units this year certain which means +500 for 2020 is also certain as planned
- FSD feature compete on track for EOY (that huge)
- FSD released with no interaction of driver EOY 2020 (that is huge)
- Accident rate for AP now 1:9 which is just amazing and an order of magnitude difference
- I could continue
Also I liked that they did what I believe is the right step downplayed the cost advantage of the Y versus the 3. For me there is not a single reason to believe the Y to be at the same cost level at a later point in time but I agree at the ramp phase costs may be equal of what the 3 is today. With this they backed in future opportunities to surprise. I have seen this at different places in the ER therefore they may have now learned how to deal with WallStreet
Under-promising and Over-delivering!
@Fact Checking where is your UFO now ?