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

[Mkorpal]

Anyone else having buffering issues? It keeps pausing and restarting every 5 seconds for me, trying to figure out if it's my side or theirs.

Fine on my side.

 

[Todd Burch]

Anyone else having buffering issues? It keeps pausing and restarting every 5 seconds for me, trying to figure out if it's my side or theirs.

Yours.

 

[gene]

Pedal to the metal on expansion and R and D

 

[wipster]

Anyone else having buffering issues? It keeps pausing and restarting every 5 seconds for me, trying to figure out if it's my side or theirs.

Mine is fine, Spectrum 400Mb in Eastern WA

 

[Chocochip]

"...and at Fremont, when they will let us continue!" - he's slightly displeased, I guess...

 

[LJS22]

Big statement by saying Tesla is “pedal to the medal and expanding”

 

[Mkorpal]

Million units a year next year if I heard correctly.

 

[wipster]

"...and at Fremont, when they will let us continue!" - he's slightly displeased, I guess...

Overall pretty constrained though... so far

 

[ZachF]

Tesla should use this opportunity to raise another $2b with stock... Then they'd be sitting on a $10b cash hoard to weather this COVID storm. It would only be a ~1.3% dilution at these levels.

 

[BenPrice]

Some people on this thread complained Rivian raised too much cash with not enough avenues to spend it on.

Rivian has raised a total of ~$2.5B. How much is left is anybody's guess because they are not a public company.

Jeff has big ideas and no output besides consolidating Wal-Mart.

 

[Cherry Wine]

Zach: "Continuing to deliver cars that we were unable to deliver in the first quarter."

 

[wipster]

Jeff has big ideas and no output besides consolidating Wal-Mart.

Damn, battle of the billionaires on at least 2 fronts

 

[Mkorpal]

Zach: "Continuing to deliver cars that we were unable to deliver in the first quarter."

How does the accounting work for that. Would costs of the car be counted in Q1 and revenue in Q2?

 

[myt-e-s-l-a]

The report is good. Yes.. But those numbers are not realistic, unless $TSLA magically added a bunch of crazy shorts during the march dip who haven't covered yet.

For those who are talking about S&P inclusion... Can you explain to me how we get to a profitable Q2? What's the path to profitability this quarter?
Q1 profits are primarily derived from credits (which may not be this large). They lost ~1month in Q1. They have already lost 1month in Q2, and will lose another 2-4 weeks (if not more)...

Also S&P inclusion has historically been a ~5-10% movement... Which in the $TSLA world, is just another Tuesday... So may not be as big a deal. If anything, it would dampen volatility, which would suck honestly.

To be included in the S&P, companies have to earn positive GAAP profits on a cumulative basis, looking back over the previous four quarters. Tesla has posted three straight quarters of positive GAAP profits, but the cumulative four quarter total is negative $144 million. That works out to a loss of about 84 cents a share. The company lost $2.31 a share in the second quarter of 2019.

If Tesla loses less than $264 million in the second quarter of 2020, it should meet the GAAP income criteria for S&P inclusion.

 

[wipster]

How does the accounting work for that. Would costs of the car be counted in Q1 and revenue in Q2?

It's "cost of goods solds" so I would assume it offsets revenue for the actual car when sold.

 

[Cherry Wine]

Elon: "We will offer FSD as a subscription service probably towards the end of this year."

 

[madodel]

Here is the playlist.
12 of My All-Time Favorite Money Songs - Super Saving Tips

"Money" is a good choice as well.

 

[Pezpunk]

Million units a year next year if I heard correctly.

well, he said "the capacity to build a million units a year by next year" which i think means that by the end of the year, they will be able to build units at a million-a-year rate, not that they will build a million units next year.

 

[woodisgood]

Elon says FSD will be offered as a subscription by end of this year. But still believes buying it is a good investment that will pay off for the consumer.

 

[hershey101]

Elon: "We will offer FSD as a subscription service probably towards the end of this year."

This is fantastic! Huge IMO. Folks here have talked about this in the past. This is going to be the real kicker the spark that gets $TSLA to $1T