You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
They narrowed the M3 window down from "late 2017". Not to a quarter, but to a month!!! September volume production. Holy hell. On track is an understatement!
Our Model 3 program is on track to start limited vehicle production in July and to steadily ramp production to exceed 5,000 vehicles per week at some point in the fourth quarter and 10,000 vehicles per week at some point in 2018.
Letter says margins down yes, but mostly because they couldn't recognize AP revenue from AP2 cars due to delay in its delivery. Should mean extra juice for 1Q17.
This should be a very interesting call. Elon should enjoy this in every way..............especially because there is nothing in this summary that would make you want to hold a short position any longer.
Tesla Energy and Solar City contributing solid revenues already and growing, thousands of Model 3's will be coming off the line at volume production using Gigafactory 1 cells in September, ATP and margins improving -- this is the stuff large institutional investors like to see. Very solid letter!