Or: Q2 reports a 28% operational profit on Model S and X. Reports that Model 3 are selling for ~$60,000 with options. Do the math and it looks like ~$1B operational profit in Q3 from Model 3. Bob Wilson
I'm more bullish on TSLA. Today. I'm willing to sell at $420/share subject to change after the Q3 financials are published: There are 2-3x more Teslas and each are the best advertisement. Skeptics crying "Wolf!" now triggers a yawn. Tesla left Q2 with enough money to handle operations and debt. Tesla has credible plans to expand their product offerings. Will the TSLA earnings call will be 'live streamed?' Bob Wilson
It always has been, I don’t see why it wouldn’t be this time. Typically, right after the close, Tesla will publish their shareholder’s letter with a summary of third quarter results. Then a bit later, they will hold the conference call. Links to both can be found at Investors Overview | Tesla, Inc.
Thanks! Found it: Tesla, Inc. Q3 2018 Financial Results and Q&A Webcast | Tesla, Inc. Tesla, Inc. Q3 2018 Financial Results and Q&A Webcast Oct 24, 2018 3:30 PM PDT Webcast Presentation Listen to webcast Event Details Title Tesla, Inc. Q3 2018 Financial Results and Q&A Webcast Date and Time Oct 24, 2018 3:30 PM PDT Bob Wilson
Hmm - kind of interesting: Tesla stock skyrockets after legendary short seller goes long - MarketWatch
Nikki Gordon ran a YouTube video that Porsche / Audi offerings are behind their projected release dates. That'll have a positive effect on the Tesla sales. .
The Citron release: https://citronresearch.com/wp-content/uploads/2018/10/Citron-reverses-opinion-on-Tesla-too-compelling-to-ignore.pdf . . . TSLA is not just pulling customers from BMW and Mercedes but also from Toyota and Honda. Like a magic trick, while everyone is focused on Elon smoking weed, he is quietly smoking the whole automotive industry. . . . Bob Wilson
Source: SEC Filing | Tesla, Inc. As we have transformed from a 100,000 per year unit carmaker into a ~340,000 unit per year carmaker, our earnings profile has flipped dramatically. Sufficient Model 3 profitability was critical to make our business sustainable – something many argued would be impossible to achieve. Due to the ingenuity and incredible hard work of our team combined with an innovative vehicle design and manufacturing strategy, we have achieved total auto gross margin of ~25%. Elon Musk and Deepak Ahuja Bob Wilson
52-wk high 387.46 52-wk low 244.59 ...I'd wait until the next "crisis" before sticking some more chips on the table......
