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I think it was "several hundred"700 solar roofs! More than I thought - did I hear well?
Ok, that more reasonable, not easy to understand Elon with this crappy audio.I think it was "several hundred"
This is a true story:
i have been margined 260% on $TSLA stock for several months now
out of the blue Morgan Stanley calls on my account at 10.30 AM CST today and advise me that they are raising my specific account margin requirement from 30 to 60 % effective immediately and their risk management department wants me to produce XXX in additional collateral effective immediately because they expect 30% drop in $TSLA stock after tonight's ER. i plead with them to allow me one more day before liquidating shares but they would not budge.
i therefore made the boldest trading decision of my life.
i liquidated all my $tsla stock and went all in $300 call January 2020 at 1.45 pm CST
rest is history
And they're also not yet sure when they will be breaking ground since they still have to get through several steps to get there. I think they are guessing at breaking ground in a few months. Can they go from breaking ground in, say, November, to mass producing cars within 24 months? That seems crazy fast to me.They seem unclear on Shanghai. It said 3 years in the letter, now seemingly only 2 after all from what Musk just said. I hope they issue a clarification on this later - makes a big difference!
Well, my personal take after the call without reading anything else, or even this board, is that this was a great quarterly report and a great call. NO CAPITAL RAISES going forward. Can grow based on internal cash. That's huge. And who knows, things always change and maybe they'll figure out their battery cell constraint and grow faster...