Stretch2727
Engineer and Car Nut
First recent call I remember where Elon was obviously in a different location. A little disconnected as it did not seem obvious who was supposed to answer. Much better when he is in the same room with his team.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
-
- Tags
- elon is an ass
let's be realistic. as interesting as it is to talk about I^2*R of high voltage lines (being sure to add that it works for copper OR aluminum), he does not do all that well staying on point in these calls. He obviously delivers for shareholders where it matters, but could stand to improve in this area.
ByeByeJohnny
Active Member
They know what all but the last few questions will be. You would get an F on a schoolwork with that little preparation. Except for the statement about the Houston accident (from Lars?) nothing seemed prepared about what to say or even who would answer. As usual.
He's already practicing for his SNL debut...
**Barfs**
Lol. Wow. I’m still 100% Gung Ho, but very odd presentation of nearly every aspect of that ER.
Can someone recap on my recap:
FSD Delay?
4680 Delay?
S/X Delay?
Solar roof Smoother installs with Powerpack?
Bitcoin will Hold & accept?
Energy is a large prospect still?
Crash Debunked?
OP Ex going to drop?
Lol. Wow. I’m still 100% Gung Ho, but very odd presentation of nearly every aspect of that ER.
Can someone recap on my recap:
FSD Delay?
4680 Delay?
S/X Delay?
Solar roof Smoother installs with Powerpack?
Bitcoin will Hold & accept?
Energy is a large prospect still?
Crash Debunked?
OP Ex going to drop?
LiveLong&Profit
Member
And yet.....despite all those delays you mentioned(and we can question if they're actually delays later), as someone pointed out about something I talked about weeks ago, Tesla's P/E is now down to the 700's after this ER. Even if they barely ship 2-3k new S's in Q2, combined with the expanded production of the 3/Y especially in China and further gross margin expansion, Tesla's P/E will drop to around 500 on Q2 Earnings.
Now imagine what's going to happen to Tesla's P/E in Q3 when S/X are both in volume production again and there's further expansion in MIC Y.
StealthP3D
Well-Known Member
Wow! Here it is 2021 and it's amazing how those non-recurring regulatory credits just keep occurring! Tesla is amazing! Over half a Billion dollars!
Now that's the kind of "shrinking", non-recurring revenue stream an investor can really love! One that keeps growing as it keeps occurring!
A real metric that illustrates the lack of ZEV competition compared with expectations. (i.e., it’s getting worse for them).
I hope this call finally puts to rest the rampant speculation on this board about all those models that soon will have 4680s. It will be 1,5 to 2 years before we see meaningfull quantities of those cells go into Plaids, Model Ys, Cybertrucks, Semis and so on. But not to worry, the current batteries are great, reliable and cheap - look at those auto gross margins - and next year production of those batteries will double. Tesla will grow incredibly fast, even without 4680 being ramped yet.
Wasn't the greatest earnings call (you could tell Elon was worked up on a few things), nor the best report... but Q3 or Q4 is shaping up to have a massive jump. Not sure which, but 20k S/X and an extra 40k 3/Y from either improvements in China or a new factory (ies) will have quarterly revenue pushing 15b. When Berlin/Austin really get going Q4-2022 Q2, we are looking at 20b. The party is just getting started and sadly we have to deal with the small talk for a while longer.
Whoah! Check this guy out. He's chalking out 100 x 100 mile region in Nevada on his solar bicycle to say exactly what Elon said today. That's all the solar we need to power the USA. (Although I thought Elon said for the planet). Anyway, still digesting this fact... then got an idea.
And this is 100 x 100 mi on the map, about (100 crow mi from Phx to Tucson).
And this is 100 x 100 mi on the map, about (100 crow mi from Phx to Tucson).
Artful Dodger
"Neko no me"
- Apr 13, 2021
- Apr 13, 2021
- Apr 26, 2021
Yeah, not all all of us here...
Cheers!
While the ER Call was pretty Meh........not sure how you're getting that the earnings report wasn't anything but amazing
- Gross Margins improved without S/X
- S/X had a direct 200 million hit to earnings.
- Elon's pay package had a bigger hit than expected which simply means less of a hit in the future
- When S/X are actually back to full production, that 200 million hit turns into anywhere from a 300-500 million swing (200 million hit + the actual profits from selling 20-25k S/X's in a quarter).
For Tesla to actually beat Non-GAAP and expand margins with that 200 million hit thanks to S/X downtime is pretty amazing.
Yeah I dont see why people dont see stuff like this. Also throw in the Elon compensation being more then expected, yet the cap stays the same. This simply means that the executive compensation plan will be fully paid out sooner. I think most of it will be gone in Q2 and Q3 leaving a massively profitable Q4. Capital expenditures for Austin and Berlin will also be drastically lower later in the year.
Thanks, I fixed it.
Late 2018, we needed 2 powerwalls minimum to fire up an A/C unit. Maybe one does it now.
It also means we paid too much for ours, but at least we got to use it this long already. All through the pandemic. It was total peace of mind actually.
Interesting to hear that Elon expects S/X production rates to go up to 2000 and maybe even 2400 per week. With a few weeks downtime that would be 100,000 to 120,000 cars per year, more than ever before. They might get there some time next year. But if they want to keep selling that many cars for several years in a row, I expect that the many internal changes they are now focussing on will also have to be followed by a more distinct exterior refresh.
Similar threads
- Locked
- Locked
- Locked
