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

[joh01652]

Scaramouche

"He was born with a gift of laughter and a sense that the world was mad."

 

[ItsNotAboutTheMoney]

I'm not a BYD shill, but I have to admit they seem to be doing well. They make their own batteries AND sell some to Tesla. Tesla talks a lot about battery manufacture, but are still buying a lot in from CATL, LG and Panasonic, and of course BYD. I suspect the Chinese govt wants BYD to be its version of Tesla.
The investor in me is hoping that when all of the issues involving speeding up 4680 production are finally solved, Tesla has the room at Texas to build out a massive factory for in house production, and of course the lithium refinery is in the future too...

However, if BYD continues to do well, and makes a decent inroad into Europe, to spread its risk, then at some point I may consider diversifying a bit more and grabbing some BYD stock. I already have some badly performing XPeng and Nio...

Of course FSD12 could absolutely reverse all this. Not in terms of unit sales, but profit margins. Much better FSD could hugely ramp the FSD take rate and shoot Teslas margins up dramatically.

Tesla talks more about cell manufacturing. It can already do battery manufacturing.

It's buying batteries from Chinese, but cells from others and is _trying_ to manufacture its own cells.

 

[saniflash]

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2023

AUSTIN, Texas, January 2, 2024 – In the fourth quarter, we produced approximately 495,000 vehicles and delivered over 484,000 vehicles. In 2023, vehicle deliveries grew 38% YoY to 1.81 million while production grew 35% YoY to 1.85 million. Thank you to all of our customers, employees, suppliers...

ir.tesla.com

 

[joh01652]

PSA for U.S. residents: Max contribution for Roth IRA in 2024 is $7000 for those under 50, and $8000 for those 50 and older.

 

[H Mak]

Happy with that. 1.8m guidance hit and a +38% increase for the year.

 

[Christine69420]

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2023

Would have been interesting if they listed Cybertrucks, Semi and Megapacks...

...but Whao! A fantastic result for a challenging year!

 

[mongo]

S/X/(Cybertruck) inventory draw down was 4,757 for Q4 at nearly 23k delivered (best this year). Good for revenue and (I assume) profit.

 

[Big Time]

Great numbers! Congrats all

 

[Artful Dodger]

Itsa Boy!

Note: chart below is TL0 from Tradegate Berlin, currency Euros, time CET

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2023 | Tesla Investor Relations

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2023​

Business Wire

Jan 2, 2024

AUSTIN, Texas, January 2, 2024 – In the fourth quarter, we produced approximately 495,000 vehicles and delivered over 484,000 vehicles. In 2023, vehicle deliveries grew 38% YoY to 1.81 million while production grew 35% YoY to 1.85 million. Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve a great 2023.

Q4 2023​

	Production	Deliveries	Subject to operating lease accounting
Model 3/Y	476,777	461,538	2%
Other Models	18,212	22,969	3%
Total	494,989	484,507	2%

2023​

	Production	Deliveries
Model 3/Y	1,775,159	1,739,707
Other Models	70,826	68,874
Total	1,845,985	1,808,581

***
Tesla will post its financial results for the fourth quarter of 2023 after market close on Wednesday, January 24, 2024. At that time, Tesla will issue a brief advisory containing a link to the Q4 and full year 2023 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.
What: Date of Tesla Q4 2023 Financial Results and Q&A Webcast
When: Wednesday, January 24, 2024
Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
Q4 & FY 2023 Update: https://ir.tesla.com
Webcast: https://ir.tesla.com (live and replay)

 

[JupiterMan]

Presume Cybertruck (and maybe Semi) now bundled with S/X for reporting purposes in the "other models" category.

 

[The Accountant]

I think production is below 500k and maybe we see deliveries of 485k for a ~15k build.

So only a 10k build in inventory. Very nice considering the vehicles in transit that we knew of.
I got the delivery number right . . . I'm going to step out and play the lottery today.

 

[mongo]

A positive headline???
"Tesla beats fourth-quarter delivery estimates, surpasses 2023 target"
https://www.reuters.com/business/au...quarter-deliveries-beat-estimates-2024-01-02/

 

[cab]

A positive headline???
"Tesla beats fourth-quarter delivery estimates, surpasses 2023 target"
https://www.reuters.com/business/au...quarter-deliveries-beat-estimates-2024-01-02/

Well that's just great...THE END IS NIGH! THE END IS NIGH!

 

[AudubonB]

I think production is below 500k and maybe we see deliveries of 485k for a ~15k build.

I don’t know how to Account for such a spot-on prediction, but:

Well Done, Sir!

 

[cab]

Meanwhile, over at Rivian...(a miss)
https://www.reuters.com/business/au...quarterly-deliveries-expectations-2024-01-02/

 

[2daMoon]

A positive headline???
"Tesla beats fourth-quarter delivery estimates, surpasses 2023 target"
https://www.reuters.com/business/au...quarter-deliveries-beat-estimates-2024-01-02/

Somebody is going to get fired at Reuters over that.

 

[Usain]

Meanwhile, over at Rivian...(a miss)
https://www.reuters.com/business/au...quarterly-deliveries-expectations-2024-01-02/

Folks thinking twice about a Rivian now that Cybertruck is out?

 

[TN Mtn Man]

Itsa Boy!

Note: chart below is TL0 from Tradegate Berlin, currency Euros, time CET

View attachment 1004983

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2023 | Tesla Investor Relations

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Fourth Quarter 2023​

Business Wire

Jan 2, 2024

AUSTIN, Texas, January 2, 2024 – In the fourth quarter, we produced approximately 495,000 vehicles and delivered over 484,000 vehicles. In 2023, vehicle deliveries grew 38% YoY to 1.81 million while production grew 35% YoY to 1.85 million. Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve a great 2023.

Q4 2023​

	Production	Deliveries	Subject to operating lease accounting
Model 3/Y	476,777	461,538	2%
Other Models	18,212	22,969	3%
Total	494,989	484,507	2%

2023​

	Production	Deliveries
Model 3/Y	1,775,159	1,739,707
Other Models	70,826	68,874
Total	1,845,985	1,808,581

***
Tesla will post its financial results for the fourth quarter of 2023 after market close on Wednesday, January 24, 2024. At that time, Tesla will issue a brief advisory containing a link to the Q4 and full year 2023 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.
What: Date of Tesla Q4 2023 Financial Results and Q&A Webcast
When: Wednesday, January 24, 2024
Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
Q4 & FY 2023 Update: https://ir.tesla.com
Webcast: https://ir.tesla.com (live and replay)

495k production for the quarter, in spite of retooling shutdowns, intro of new products, as well as the normal holiday shutdowns is pretty awesome. 2 mil seems like a solid baseline for next year, everything on top is gravy. WE'RE GONNA BE RICH!!!! (OK most of you that got in on this earlier are, I'm late to the dance).

 

[MP3Mike]

I thought that the EV tax credit towards taxes owed (as you point out) was being replaced with a point of sale discount that could be realized immediately. Am I way off on that?

Dan

No, the tax credit was not replaced by a point of sale discount. The point of sale discount was added as an additional option in 2024, if the dealer wants to deal with it. The tax credit is still available like it was last year, with just changes to eligibility based on the new 2024 restrictions.

 

[Artful Dodger]

I got the delivery number right . . .

"Sales subject to Lease Accounting" seems down substantially, too. Implications for financial results?

Cheers!