If you have those numbers to hand, would make a great bar-chart...
I just reflected on what likely may be a $2B profit for Tesla in Q3:
Since its inception July 1 2003, it took Tesla:
71 Quarters to reach $1 Billion in profits, and then
2 Quarters to reach the next $1 Billion
-
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
And then 8 days to reach 4 Bill.
I just reflected on what likely may be a $2B profit for Tesla in Q3:
Since its inception July 1 2003, it took Tesla:
71 Quarters to reach $1 Billion in profits, and then
2 Quarters to reach the next $1 Billion
I was sure competition was there in the form of Bolts and Konas EV until they disappeared as fast as wildfireAnd yet, this Earnings cycle is DIFFERENT:
- for years we heard a steady chorus that "the competition is coming"
- the "big boys" could build EVs en masse whenever they choose ('cuz dey big)
- Tesla couldn't even hire top manufacturing engineer talent (career suicide)
- Model 3 ramp was "manufacturing hell" as Elon + Telsa learned the ropes
- Now Ford hires the former head of Tesla manufacturing for their EV program
- Ford hopes to make 160K/yr electric F-150 years from now (we'll see)
- the circle is now complete, and there can be just one outcome:
The competition isn't coming (anytime soon).
TL;dr Use the Schwartz, Luke!
Ho, Ho, Ho. I’m sorry, I couldn’t resist.
Last year at Christmas, my neighbor leaned three garden hoes against the tree in his front yard. Ever since, I can’t get it out of my head. And, I’ve developed an overwhelming urge to wear red suits.
Off topic? I have it on good authority, it’s Christmas time at Tesla.
Hey! That's just like me. In 2020 I made my first million, then in 2020 I made my 2nd million. I'm just like Tesla!
I just reflected on what likely may be a $2B profit for Tesla in Q3:
Since its inception July 1 2003, it took Tesla:
71 Quarters to reach $1 Billion in profits, and then
2 Quarters to reach the next $1 Billion
TheWalkingDad
Cybertruck 23' or bust.
Sounds like a perfect transition opportunity.
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Model Y is going strong in the Netherlands this month, currently the best selling EV with 151 sold (Skoda Enyak second with 97 and Niro third with 91). Enyak and Niro were in the top three in July and August, together with the Mach-e. The latter is this month (7 September) at 33.
Model Y ranks third place of total cars, beaten by the runner up VW polo by one car.
Total EVs sold 994, and total person vehicles sold 4204 (23,7%).
Model Y ranks third place of total cars, beaten by the runner up VW polo by one car.
Total EVs sold 994, and total person vehicles sold 4204 (23,7%).
Favguy
Member
Ha! I can relate, 2020 was, financially, the best year of my life by far, became a millionaire, then multimillionaire, almost adding a million a month for a while. It was frankly bizarre...
JupiterMan
Active Member
empty India factory... new Giga possible there...? Fremont 2.0?
No, one effed-up building is more than enough. There is plenty of 'greenfield' space in India, that does not require a tearing down as a step 0.
JupiterMan
Active Member
site would also have skilled labour available though....
This is off topic, but a weekly update on pacing progress with the robot. All this link says is:
Elon is going to have to pay attention, and weigh in, now, or else the program goes sideways.
- Regrasp operations are slow.
- If regrasps can be eliminated the robot will be faster for many things.
Elon is going to have to pay attention, and weigh in, now, or else the program goes sideways.
TheWalkingDad
Cybertruck 23' or bust.
Ford to cut 4,000 jobs in India as part of restructuring
Appears like little demand for Ford vehicles in India.
Model A / Q might be perfect testing grounds here and China, IMO.
Appears like little demand for Ford vehicles in India.
Model A / Q might be perfect testing grounds here and China, IMO.
2daMoon
Mostly Harmless
Did someone mention Mark Spiegel? SMR has released a video highlighting points from a Spiegel interview.
ZachF
Active Member
Why does anyone even care what that loser has to say?
His "fund" is only seven figures (I'm sure some people posting here have more worth in just TSLA than his entire stupid fund) and with ten+ years of investing he can't even beat T-bills in terms of returns.
JupiterMan
Active Member
if Tesla ever went to $30 a share I would re-mortgage the house, sell all other assets and go all in!
You're not all in now???....interesting.if Tesla ever went to $30 a share I would re-mortgage the house, sell all other assets and go all in!
Yeah sometimes people tell me “well what if Tesla goes down 25% in a day, then what?”if Tesla ever went to $30 a share I would re-mortgage the house, sell all other assets and go all in!
“ I would be thrilled” is my usual reply. lol
Don TLR
Active Member
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