Lets see if Tesla can set record on profits and margins!! 85K, 90K, 95K matters none if Muskie can't pull profit of his magic hat. Bet Nissan, Audi, Hyundai, Kia, Jaguar, Mercedes could also sell zillions of their EVs in single quarter if they sold it for some unimaginably low low price and lost buckets of money! Oops, looks like Tesla margins are gong way down in Q2 with Muskie selling tons of cheapest Model 3 instead of high margin Model S/X. Looks like the profit constipation will continue into Q2 ever since Muskie famously predicting Tesla will be profitable starting in 2013! Talk about being way off - Tesla under Musk has no equal in piling up consecutive never-ending losses year after year!
They're arguably about as well off as they have ever been, which means not very.
There are a good number of ipace and E-trons around where I live. My impression is that the E-tron is better than the ipace, and that both have nicer interior experiences than Tesla but trail Tesla by a lot technically.
If they had tesla drivetrains and supercharger access, the E-tron would be a good car. (but waaay to big and clumsy for my Model 3 performance tastes).
That's an impressive total for Q2. Assuming that the average battery pack in those 95,200 vehicles is 70KWh, that's 6.664GWh worth of output from Gigafactory 1. IIRC the current production from GF1 is about 24GWh per year. So 4 quarters of production at the Q2 rate will require more than the entire current annual output of GF1. In that battery status report from the most recent shareholder meeting, I think Elon said that GF1 is trying to reach 35GWh before the end of 2019, but my impression is that this goal may be out of reach at present.
After being destroyed by short-sellers and failing to prove their efficacy in delivering vehicles in the first quarter. After proving themselves viable & proving you wrong, they're back on their way up.
I'd say it was a success.
Shareholder value is determined by short-sighted investor & market desires.
If you'd say their current delivery numbers aren't a success & that their implications for future Tesla market cap are positive, you're absolutely delusional and sadly completely representative of the culture and nature of this sub.
There's literally zero reasoning with you.
Shareholder value is determined by growth when the company in question is a growth company. And Tesla is by definition a "growth" company, because they sure as shit aren't paying out dividends. And I don't think you're in any position to accuse others of "short-sightedness" when the CEO of your cult literally committed securities fraud to pump the stock.
Congratulations on not knowing anything about fundamentals, and apparently not knowing the actual definition of "literally".
Financial analyst: Sure this quarter completely blew out Wall Street predictions, but this colossal miss by people who get paid to have some idea of what's going on doesn't really matter. What matters is NEXT quarter. That's the important one. And if Tesla meets or exceeds expectations then we'll just shrug and claim that the NEXT quarter is the one that matters. It's genius.
Yeah noticing more and more QA issues. Been pretty vocal about the cabin noise, but now my autopilot only works 50% of the time and I can't get anyone to come out until mid-July. Been waiting for a windshield from safelite for 3 weeks just to be told I had to call Tesla but I can't even get anyone on the phone.
Bought a bunch of shares when it hit 300 for a while. Increased shares by 50% when it hit 180. Atleast I might break even soon haha. If it hits 330 again this year, might make all the price drops a little easier to swallow.
Pretty awesome numbers... and when the former emperor of Detroit, Bob Lutz capitulates, and says the TM3 is a well made vehicle, you know things are changing fast.
After shilling for so long about Tesla’s abject failure, he does not want to be caught strictly on the side of “irrelevant” and not knowing what hes talking about, as a new era of automotive business dawns on him.