tivoboy
Active Member
That’s not opex, thats capexThat should be expected given they are bringing two factories online.
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That’s not opex, thats capexThat should be expected given they are bringing two factories online.
IIRC Troy had a decrease in ASP due to just selling more in China of the cheaper models.A decrease in automotive margin excluding credits IS a surprise. Not sure what happened there.
Deliveries | 2020 | 2021 | CHANGE |
Q1 | 88,496 | 184,877 | 109% |
Q2 | 90,891 | 201,304 | 121% |
Q3 | 139,593 | 241,391 | 73% |
Q4 | 180,667 | 308,650 | 71% |
YEAR | 499,647 | 936,222 | 87% |
Revenue | 2020 | 2021 | CHANGE |
Q1 | 5,985 | 10,389 | 74% |
Q2 | 6,036 | 11,958 | 98% |
Q3 | 8,771 | 13,757 | 57% |
Q4 | 10,744 | 17,719 | 65% |
YEAR | 31,536 | 53,823 | 71% |
Non-G EPS | 2020 | 2021 | CHANGE |
Q1 | 0.23 | 0.93 | 304% |
Q2 | 0.44 | 1.45 | 230% |
Q3 | 0.76 | 1.86 | 145% |
Q4 | 0.80 | 2.54 | 218% |
YEAR | 2.23 | 6.78 | 204% |
Free Cash Flow at $2.8B.
That's incredible.
Decrease? These are both up, no?A decrease in automotive margin excluding credits IS a surprise. Not sure what happened there.
Rob Mauer said on his stream this is due to taxes Tesla had to pay on the big compensation payout (to Elon presumably), which he took as a one time issue… ie, at surface quick glance looks bearish but understanding the reason & its one-time nature, a non issue.Opex went up too much
Looks like that is the main reason for the Opex increaseDeleted post
Yup... combine that with more Chinese sales is why we see this falling under the highs of 2.80+. The 2018 award will sit for a little while longer on the income statement, but nearly through the short term impacts. 2022 is going to be wild!This is why opex was up
- increase in SG&A driven mainly by $340M payroll tax on 2012 CEO award option exercise
-incurring SBC expense attributable to the 2018 CEO award of $245M in Q4, driven by the final two operational milestones becoming probable.
This is why opex was up
- increase in SG&A driven mainly by $340M payroll tax on 2012 CEO award option exercise
-incurring SBC expense attributable to the 2018 CEO award of $245M in Q4, driven by the final two operational milestones becoming probable.