Tesla and Uber Unlikely to Survive (Vol. 2)

[RobDickinson]

I refuse to give Ars clicks until they boot him, go check some of the crap he posts on twitter.

[anonymous-user]

JPJPJP said:

Seeing a tslaq tweeter saying that due to coronavirus, the Chinese Tesla factory might have trouble

https://twitter.com/BradMunchen/status/12213376623...

no idea if it is accurate or not

https://twitter.com/deitaone/status/1221696394999881728

SHANGHAI GOVERNMENT SAYS ENTERPRISES NOT ALLOWED TO RETURN TO WORK BEFORE FEB. 9 - PRESS CONFERENCE

[coetzeeh]

Only medical staff, utilities workers and supermarket staff allowed back to work.

All other https://www.bbc.co.uk/news/world-asia-china-512596...

[Mikehig]

Surprising article about a fall-off of nearly 7% in EV sales in the US, 2018 to 2019:
https://www.carscoops.com/2020/01/electric-vehicle...

It seems odd, given the success of Tesla with the Model 3 and the arrival of many new contenders. Has the article got its facts wrong? Is it perhaps due to loss of subsidies?

[RobDickinson]

Mikehig said:

Surprising article about a fall-off of nearly 7% in EV sales in the US, 2018 to 2019:
https://www.carscoops.com/2020/01/electric-vehicle...

It seems odd, given the success of Tesla with the Model 3 and the arrival of many new contenders. Has the article got its facts wrong? Is it perhaps due to loss of subsidies?

Model 3 is the market in USA, 2019 they exported a lot.

[RobDickinson]

JPJPJP said:

https://twitter.com/deitaone/status/12216963949998...

SHANGHAI GOVERNMENT SAYS ENTERPRISES NOT ALLOWED TO RETURN TO WORK BEFORE FEB. 9 - PRESS CONFERENCE

If it'll help.. Some scary stuff going on with that virus

[gangzoom]

JPJPJP said:

Seeing a tslaq tweeter saying that due to coronavirus, the Chinese Tesla factory might have trouble

https://twitter.com/BradMunchen/status/12213376623...

no idea if it is accurate or not

Are people seriously trying to use a new soon to be global viral pandemic to short Tesla? If Tesla manufacturing is effected so is every other factory and every other company. Its bad news for everyone, not just Tesla.

[LG9k]

gangzoom said:

Are people seriously trying to use a new soon to be global viral pandemic to short Tesla? If Tesla manufacturing is effected so is every other factory and every other company. Its bad news for everyone, not just Tesla.

You need to look at the whole picture for Tesla.

The China Factory is a big part of its business, so it will be affected in a big way.
The expected cashflow will be late arriving, and given they have large loans to pay back, that may be more difficult now.

That's my limited financial expertise, but I'm sure someone else can explain it better.

[Chester35]

Q3 summary for Tesla before todays results later... to compare and contrast.


Sales/revenue from cars $5.3b
Sales/revenue from solar generation and storage $402m
Services and other $548m
Total = $6.3b

Net profit/earnings $143m

Total debt Q3 $12.475b

Projections from the Wall street analysts / crap fortune tellers on todays results..

Revenue / sales = $7.02b
Earning $1.72 per share ( approx $130m profit )

• ********************************

Any guesses in the profit etc ? Roll up roll up, everyone's a winner. .


My guess.

$200m profit on revenue of $7.7b


I expect the share price to go to $600 and beyond in after hours trading.

(note I am historically and histerically wrong on Tesla predictions

Edited by Chester35 on Wednesday 29th January 18:28

[RobDickinson]

Stock up to 581 already..

I think the results will be good but there will be some other announcements like the model Y etc


Then Jays garage will show the cybertruck episode etc

[Gandahar]

RobDickinson said:

Stock up to 581 already..

I think the results will be good but there will be some other announcements like the model Y etc


Then Jays garage will show the cybertruck episode etc

My guess is $50 profit.

I'm hedging.


As a long term doubter on Tesla and the hype, ok mainly the hype, I do look at Boeing at the moment and think Boeing is a company that is clueless and Tesla at least has a salesman with big mouth in charge ....

Tesla have done a great 2019 for cutting costs and new factory starting to trickle out cars at a bigger margin, Boeing meanwhile. Don't get me started ranting on them.

Ok let me rant at Boeing

1. Borrow $12b dollars. And people say Tesla borrows.
2. Pay $1b divident to stock holders after borrowing $12b
3. Cut back on their only good plane, the 787, due to China.

The amazing thing is that the market analysts said they would make a profit this quarter when it was obvious they would not because they are not selling anything,

Tesla is selling cars 7% over last quarter.


Rant off. Looking forward to the Tesla share price hitting $650 in next 24 hours ... the bubble will continue

[RobDickinson]

$100-200m cash profit, $8bn revenue


Model Y shipping Q2
Semi short range shipping Q2

[Gandahar]

Results must be goo after market trading taken off

[RobDickinson]

Gandahar said:

Results must be goo after market trading taken off

heaps were taking profit before the results knocked i down, just going back up now...

[Gandahar]

https://finance.yahoo.com/quote/TSLA?p=TSLA&.t...

I like watching the ticker before even checking the message from the company... more fun

[RobDickinson]

Cash
$930M increase in our cash and cash equivalents in Q4 to $6.3B

$1.0B operating cash flow less capex ("free cash flow") in Q4


Profitability
$359M GAAP operating income; 4.9% operating margin in Q4

$105M GAAP net income; $386M non-GAAP net income (ex-SBC) in Q4


Model Y production ramp started in January 2020, ahead of schedule
Increased Model Y all-wheel drive EPA range to 315 miles from 280 miles
Record vehicle deliveries of 112,095 in Q4
Record Q4 storage deployment of 530 MWh; 26% solar growth QoQ

[Gandahar]

RobDickinson said:

Gandahar said:

Results must be goo after market trading taken off

heaps were taking profit before the results knocked i down, just going back up now...

The great thing about Tesla as a non stock holder it gives you a lot of fun....

[Gandahar]

Chester35 said:

Q3 summary for Tesla before todays results later... to compare and contrast.


Sales/revenue from cars $5.3b
Sales/revenue from solar generation and storage $402m
Services and other $548m
Total = $6.3b

Net profit/earnings $143m

Total debt Q3 $12.475b

Projections from the Wall street analysts / crap fortune tellers on todays results..

Revenue / sales = $7.02b
Earning $1.72 per share ( approx $130m profit )

• ********************************

Any guesses in the profit etc ? Roll up roll up, everyone's a winner. .


My guess.

$200m profit on revenue of $7.7b


I expect the share price to go to $600 and beyond in after hours trading.

(note I am historically and histerically wrong on Tesla predictions

Edited by Chester35 on Wednesday 29th January 18:28

Last month

Revenue / sales = $7.02b
Earning $1.72 per share ( approx $130m profit )


This month

Revenue is $7.38b
Earning $2.14 per share.

That's a big profit over a small increase in revenue, I guess they are well on top of costs. CapEx ????

Will be interesting to read the next filing due soon.;

[RobDickinson]

https://ir.tesla.com/static-files/b3cf7f5e-546a-4a...

[anonymous-user]

Pre empting tslaq

Q419 turnover is up vs Q418, profit is down

Inventory is higher

Accounts payable up (by $900m)