Tesla narrowly cash flow positive last week

[colinb]

From @elonmusk in the Twitter-verse:

Am happy to report that Tesla was narrowly cash flow positive last week. Continued improvement expected through year end.

[Lyon]

Just saw that myself. Impressive. That confirms what I've been suspecting about the volume of deliveries last week. Now the question will be if they can keep it up. I'm guessing yes!

[shokunin]

Very good news.. yet another milestone. Getting to the Production deliveries was needed to get cashflow positive. Sigs already had 40K deposits so they need to get past that.

[Johan]

Could Tesla get into trouble with the SCE from the fact that Musk puts this type of info out on Twitter? I ask this since it seems that there are some strict regulations about how, where and when information about finances, future prospects etc. can and should me made public when a company is traded on the public market.

[ckessel]

Could Tesla get into trouble with the SCE from the fact that Musk puts this type of info out on Twitter? I ask this since it seems that there are some strict regulations about how, where and when information about finances, future prospects etc. can and should me made public when a company is traded on the public market.

He's pretty careful in interviews about what he talks about during "quiet periods" as far as stock. I'd guess he knows when he can tweet or not. That's not to say he won't accidentally get it wrong one day, but he's acting with pretty good knowledge of the rules.

[Zythryn]

Could Tesla get into trouble with the SCE from the fact that Musk puts this type of info out on Twitter? I ask this since it seems that there are some strict regulations about how, where and when information about finances, future prospects etc. can and should me made public when a company is traded on the public market.

There is a certain time within X days or weeks of their SEC filings where they can't make some announcements. I am guessing they are well outside of this now.

[Norbert]

This tweet is also being discussed in the investors thread:

TSLA Investor Discussions - Page 386

(and following pages)

[vfx]

Which came first? This tweet or the WP article on an investigation? That is, which was a reaction to which?

[Yuri_G]

Which came first? This tweet or the WP article on an investigation? That is, which was a reaction to which?

The tweet came two hours after the article. That's not to say it was a reaction, given that the article doesn't really reveal anything. It was also written by the Washington Times, not the Post.

[Robert.Boston]

Here's the Bloomberg article.