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

[brianhn1]

https://tesla-cdn.thron.com/static/EIUQEC_2022_Q2_Quarterly_Update_Deck_J8VLIK.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D%22tsla-q2-22-update.pdf%22

Link for the slow folks.

 

[TheTalkingMule]

Can someone post gaap and non-GAAP for those of us on the beach?

I expect the big fireworks to be after the call and guidance.

 

[GrandEnigma]

GAAP $1.95
non-GAAP $2.27
gross margin 27.9%

 

[hobbes]

Looks like preproduction Model Y from Berlin are already being delivered in Norway,
in parallel with current production (judging from the sub-1000 VINs vs 11,xxx VINs):

Tesla Registration Stats

General Tesla registration stats from DMV in Norway

teslastats.no

 

[betstarship]

Wow solar deployed...

 

[MP3Mike]

GigaBerlin already has a positive gross margin:

Gigafactory Berlin-Brandenburg reached an important milestone of over 1,000 cars produced in a single week while achieving positive gross margin during the quarter.

 

[betstarship]

Installed capacity MINIMUM is already at 1,900,000

 

[Xd85]

"but margins decline".--LK. you can see the fud already

 

[StarFoxisDown!]

"but margins decline".--LK. you can see the fud already

Even though Tesla beat on margin expectations

 

[30seconds]

Great Q. Up $0.8B is cash, and maintaining gross margin and overall GAAP earnings even with a temp slowdown in vehicles delivered (Q/Q)

Going to be a monster Q4

 

[Ogre]

"but margins decline".--LK. you can see the fud already

I'm guessing due to Texas and Berlin coming online?

EDIT: Plus greatly reduced Shanghai production.

 

[TheTalkingMule]

"but margins decline".--LK. you can see the fud already

FUD isn't gonna matter anymore. If Tesla can print these results in 1Q and 2Q, anyone with half a brain can do the math on 2022 EPS.

I'd like to see more specific guidance from January onward. This "50% or more" has been sound logic, but I want a more accurate valuation once Berlin and Austin get pumping.

 

[Xd85]

I'm guessing due to Texas and Berlin coming online?

yup, akin to Model S/X charge to refresh last year. Also, note that this was exactly what master of coin forecasted.

 

[The Accountant]

Has anyone posted yet that Tesla sold much of its Bitcoin?
Proceeds in Cash Flow show $936m.

 

[traxila]

If this is the BAD quarter then WATCH OUT.

Q3 will be great.

Q4 will be officially earth shattering to this fossilized industry that is in the process of being torn to shreds.

Don't even know what happens next year.

Let's hope production hiccups and shutdowns are in the past.

Press the accelerator all the way down, please.

We need a Gigafactory announcement sometime soon for 50% YOY a couple of years out to continue.

 

[Prunesquallor]

Has anyone posted yet that Tesla sold much if its Bitcoin?
…

At a loss, I presume?

 

[Xd85]

Has anyone posted yet that Tesla sold much if its Bitcoin?

75% holdings "converted to fiat". I think that means "sold"

 

[stealthyc]

Has anyone posted yet that Tesla sold much if its Bitcoin?
Proceeds in Cash Flow show $936m.

Yes it was mentioned, and if that is 75%, then that's pretty good, nearly recouped their initial investment

 

[Rotte]

Tesla Q2 Earnings Recap: Elon Musk Says Output Remains Tesla's Main Hurdle

The electric-vehicle maker reported its first sequential decline in quarterly profit in more than a year as it recovers from an extended shutdown at its Shanghai assembly plant.

www.wsj.com

Lol.

 

[ZenRockGarden]

It's funny to see a terribly-challenging quarter where a company can only put 0.8 Billion Dollars into their bank account