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

[TSLA Pilot]

Good god the new beemers are hideous!

FYI: "Bimmers" are the cars, "beemers" are the motorcycles.

 

[Chunky Jr.]

Good god the new beemers are hideous!

Tesla : let's rethink EVs from the ground up
Legacy : how the f**k can we convert our ICE cars to EV as cheaply as possible??

 

[larmor]

Q1 Earnings Call Caution

We should be prepared to hear uncertainty about Shanghai on this call which could get spun by the media the next day.
Elon & Zac may speak cautiously because no one knows for certain how quickly the entire supply chain gets back to normal. Even if they feel confident (like I do) that they will get things back on track soon, they may need to strike a more cautious tone.
If they reconfirm the 50%+ growth, then this should neutralize things.

If they print a strong number $2.60 or higher and reconfirm 50% growth - the stock moves up.
If they print a so so number (< $2.60) and stay silent on 50% growth - the stock may move down.

I'm interested to hear what they say about the full year projections if anything.

Also factor in both Berlin and Austin opening/finishing construction which are large capital expenditures. So EPS won't be rosy but doubling the factory count is.

 

[JRP3]

don't post SP or quotes from the presentation

Important quotes would be helpful for those who aren't listening.

 

[Discoducky]

Interesting day as these are the only green things in my list today of 40+ things I track

It is nice to see the VIX below 20 though, if only for a few minutes today.

 

[Cape Coddess]

Where do you guys get your earnings reports? Does your broker send them or do you get them off the Tesla website?

 

[Gigapress]

Also factor in both Berlin and Austin opening/finishing construction which are large capital expenditures. So EPS won't be rosy but doubling the factory count is.

With GAAP, Capex is excluded from the income statement. Instead it goes as an asset on the balance sheet and then is gradually depreciated over time. The depreciation expenses go on the income statement.

Since Berlin and Austin opened in Q1, the first tranche of depreciation expenses will hit but that’s a tiny portion of the overall cost because the capex is amortized over the expected multi year lifetime of the factory and equipment.

However, to some extent, startup expenses for a new factory are embedded in CoGS. For example, a lot of the “investment“, so to speak, is in training personnel by doing the job, but this goes into CoGS on the income statement not into the CapEx bucket.

Do Capital Expenditures Immediately Affect the Income Statement

Learn the direct and indirect effects a capital expenditure (CAPEX) may immediately have on a the income statement and profit of a business.

www.investopedia.com

 

[wipster]

I know this is not likely but I am hoping for more information on the stock split size. Maybe informing us on a 10:1 split.

Let's hope.

 

[wipster]

M

Good god the new beemers are hideous!

My thoughts exactly... kind of reminds me of Edsels...

 

[Ohmster]

I just loaded up with powder. Throw it all at TSLA now or tomorrow?

Bought in at 979.

I have absolutely no self control when it comes to TSLA.....

 

[Gigapress]

Where do you guys get your earnings reports? Does your broker send them or do you get them off the Tesla website?

Tesla website is fastest. Or if you want commentary, the YouTubers will pull from Tesla for you on their livestreams.

Tesla Investor Relations

Tesla's mission is to accelerate the world's transition to sustainable energy. Today, Tesla builds not only all-electric vehicles but also infinitely scalable clean energy generation and storage products.

ir.tesla.com

 

[steve3]

I think you might be right, my ModelY ordered in Oct '21 has still not been created (No VIN, see sig for details) but I am sure that plenty of ModelY performance and FSD models have been delivered.

Same here.
Y ordered Aug ‘21, est’d delivery Sep/Oct.

 

[Kenypowa]

Phil LeBeau just said on CNBC that Elon will be on the call.

 

[TheTalkingMule]

Also factor in both Berlin and Austin opening/finishing construction which are large capital expenditures. So EPS won't be rosy but doubling the factory count is.

1. Guidance
2. Margins
3. EPS
4. Shanghai update

That's my order of importance. Don't see any way guidance is lowered since they were already sandbagging to "over 50%" and the internal number was closer to 100%.

Today we're seeing yet another example of Zach's value as CFO. He clearly insisted on a less transparent and more conservative guidance policy from day 1, and it's paid of on numerous occasions. Technically they could "raise" guidance to 60-85% today and that would be LOWER than internal guidance from five weeks ago.

I guess we've already seen the bottom today?

 

[woodisgood]

Well one thing’s for certain…it won’t be a dull day.

 

[Curt Renz]

Where do you guys get your earnings reports? Does your broker send them or do you get them off the Tesla website?

From the Tesla website: Tesla SEC Filings

 

[thx1139]

Phil LeBeau just said on CNBC that Elon will be on the call.

Not good. So many twitter questions incoming.

 

[TheTalkingMule]

Well one thing’s for certain…it won’t be a dull day.

BoA came out today and basically called "peak inflation". I think that has a lot of people scrambling to make a plan before heading out for 3 months of cocaine and hookers in the Hamptons. I could see a massive TSLA and macro rollercoaster over the next few weeks.

If Elon and Zach show with with a $2.91 EPS, we might go to a bazillion. Show up at $2.24 and lord knows what happens. At the end of the day it'll be OK so long as guidance is maintained.

 

[wipster]

This is pretty funny:

BMW Says Tesla's Electric Vehicle Dominance Is Over

BMW Group sales chief Pieter Nota says EV customers used to be early adopters two years ago, but EVs are now attractive to a much broader audience.

insideevs.com

 

[Speedr117]

Good god the new beemers are hideous!

And the i7 and the 7 series gas cars are the same car, hence the 300 miles out of a 101kw pack!