Elon, if you happen to read this, please don't call anyone boneheaded or anything just play cool man!!!!!!!!!!
That is such an irresponsible statement. They should be ashamed of this. Investment <> "burn through".
Check out further down in the report where they have accelerated China production to 2019! "We are aiming to bring portions of Model 3 production to China during 2019 and to progressively increase the level of localization through local sourcing and manufacturing."
I hope it still trades on a multiple to revenue of 2.5-4x, some hyrbrid multiple of growth tech/auto.
Just came here to say that my Supercharger expansion litmus test has been proven right for a 2nd time now. Reduced supercharger rollout = profitable quarter. I have cracked the equation people, time to go home.
Deepak, take away his phone and tie him to a chair. DO NOT let him tweet. We are good. Leave things as they are!
Ass soon as all you egg heads come down off your high, I am sitting here waiting for the ELI5 verson. kthanks!
"Our cash position should remain at least flat in spite of our plan to repay $230 million of convertible notes in cash during Q4."
I didn’t see a projection for q4 model three production or deliveries. Was there one? If not, is this something the shorts are going to latch onto?