2017 Investor Roundtable: TSLA Market Action

[ValueAnalyst]

Surging after hours.

 

[MartinAustin]

nice pop

 

[Gerardf]

Wow !

 

[Waiting4M3]

$340!

27.9% margin on MS/X in Q2 (must be those 100kwh packs)
more MS/X in 2H'17 than 1H'17
$3+B cash on hand
M3 ramp on target
M3 positive margin in Q4, 25% margin in 2018

Those are 5 of the biggest questions for me, and Tesla answered all of them positively

 

[Tslynk67]

No *sugar*!

 

[ValueAnalyst]

Targeting Model 3 margin of 25% in 2018.

This is extremely positive AND ABOVE MY EXPECTATION!

It almost seems like they wrote the bulleted items at the top of the investor letter after reading my article this morning.

 

[elasalle]

cnbc .alert .. $1.33 loss vs expected loss of $1.28

 

[Tslynk67]

• Model 3 production on track to achieve previously announced targets
• Expecting positive Model 3 gross margin in Q4; targeting 25% margin in 2018
• Deliveries grew 53% compared to Q2’16 in flat luxury vehicle market
• Projecting Model S and Model X deliveries to increase in 2H’17 vs 1H’17
• Q2 Automotive gross margin at 27.9% GAAP and 25.0% non-GAAP
• Q2 GAAP loss from operations improved sequentially, two quarters in a row
• More than $3 billion cash on-hand at the end of Q2
  

 

[EarlyAdopter]

$3B cash on hand, solar and battery business continues to grow, Model S & X doing well. EPS right in line with previous quarter.

 

[elasalle]

http://files.shareholder.com/downlo...4-60D0032673CC/TSLA_Update_Letter_2017-2Q.pdf

 Model 3 production on track to achieve previously announced targets
 Expecting positive Model 3 gross margin in Q4; targeting 25% margin in 2018
 Deliveries grew 53% compared to Q2’16 in flat luxury vehicle market
 Projecting Model S and Model X deliveries to increase in 2H’17 vs 1H’17
 Q2 Automotive gross margin at 27.9% GAAP and 25.0% non-GAAP
 Q2 GAAP loss from operations improved sequentially, two quarters in a row
 More than $3 billion cash on-hand at the end of Q

reading the rest

 

[Reciprocity]

Oh, thats what a gap up AH looks like.. its been so long.. Now lets not close down 20 tomorrow.

 

[Skryll]

http://files.shareholder.com/downlo...4-60D0032673CC/TSLA_Update_Letter_2017-2Q.pdf

• More than $3 billion cash on-hand at the end of Q2
  

 

[everman]

• More than $3 billion cash on-hand at the end of Q2

This is the one I was looking for. How well equipped are they to make this thing happen.

 

[ZenMan]

Since the handover event last week, we are averaging over 1,800 net Model 3 reservations per day.

Wow!

 

[D-egg-O]

It seems the stock always pops after hours between ER and CC. If I was trader, I would sell right meow, and then buy right at market open when the stock takes a hit (usually). But I'm not a trader, so I just take out my popcorn, open the laptop, and enjoy the shareholder letter. Cheers folks.

 

[anon]

This is significant: "Model 3 gross margin in Q3 will be temporarily impacted by the excessive allocation of labor and overhead costs and depreciation over this tiny volume. In the absence of these one-time elevated cost allocations, Model 3 gross margin in Q3 would already be positive"

 

[mejojo]

cnbc .alert .. $1.33 loss vs expected loss of $1.28

vs. expected $1.82

 

[austinEV]

nice pop

Do we know why yet? Looks like everything is in line with expectations. I suspect this must just be relief rallying (all the bad news is out, so the stock can go up now)

 

[MitchJi]

Orders for Model S and Model X have also been increasing, both leading up to and following the Model 3 handover event. In July, our weekly net order rate for these vehicles was about 15% higher than our Q2 average weekly order rate. In addition, although too early to draw strong conclusions, we are seeing an even further increase in net Model S orders since the July 28th event. This growing demand gives us even more reason to expect increased deliveries of Model S and Model X in the second half of this year.

 

[Reciprocity]

Since the handover event last week, we are averaging over 1,800 net Model 3 reservations per day.

Wow!

Let me see... so.. add the 1 carry the 3, +11 divided by HOLY SHIII**.. I hope the shorts covered.