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nice story about a 70 year old lady doing a circumnavigation of Australia, 20,396km in her Model S 75kW battery model, https://thedriven.io/2018/08/28/syl...ail&utm_term=0_46a1943223-7b340f6f3f-40368705
Jaguar CEO predicts a bottleneck with Batteries in 2019
Eine enorme Chance - manager magazin
What a surprise....
He also said their past focus in Diesel was the right move, they will continue to invest and believe the Diesel will remain and once the discussion settles everybody will look at the Diesel again to achieve the climate goals.
He just had to let 1000 people go. Brexit looks like a hard one with every day that passes and Jaguar will have a high burden to manage. People talk about 1bn additional costs for them.
Eine enorme Chance - manager magazin
What a surprise....
He also said their past focus in Diesel was the right move, they will continue to invest and believe the Diesel will remain and once the discussion settles everybody will look at the Diesel again to achieve the climate goals.
He just had to let 1000 people go. Brexit looks like a hard one with every day that passes and Jaguar will have a high burden to manage. People talk about 1bn additional costs for them.
I think this is good news?
Tesla misses Model 3 production goal of 6,000 units per week, but on track for overall Q3 goal
Tesla misses Model 3 production goal of 6,000 units per week, but on track for overall Q3 goal
I think Fred discovered in the last couple weeks negative headlines get more clicks than positive ones.
With 9 weeks completed out of 13, here is what it should be like number wise
9/13 * 51 K = 35307
9/13 * 55 K = 38076
First few days of Q3 was slow, also number 34700 doesn't include Sat, Sunday of week 9.
Assuming like with every quarter there will be a spike in last 2-3 weeks, I think we are on pace for the lower end, and should exceed it. We likely will not hit 55K though.
(this is all about production, deliveries should be higher due to inventory from Q2) ~ cheers!!
(Note: for those looking at exact data, this quarter in fact has 13weeks and 1 day
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ValueAnalyst
Closed
I have 80k Model 3 deliveries in Q4, so that's 6-7-8k/w progression throughout Q4, or 6.6k/w avg assuming 12 weeks. With ASP/margins favorable, primarily due to surprising demand for Performance, as well as Version 9 soon introducing FSD-exclusive feature(s), I expect $1B in net profits & $2B in FCF in 2H18, with the latter also getting a boost from Model 3 negative cash conversion cycle.
Assuming the above paragraph is correct, I don't see how shorts survive 2018.
Assuming the above paragraph is correct, I don't see how shorts survive 2018.
RobStark
Well-Known Member
47% includes short range PHEVs like the German premium sedans with less than 15 miles All Electric Range.
Equally true, if there more Bolts and Ionic EVs in stock they would already be sold, to a point.
Also if Tesla was already selling Model 3 in Norway the number of BEVs sold would also increase significantly.
erthquake
Active Member
Because Tesla guided profitability for Q3, I think deliveries are more important than production at this point. Carsonight has heard scuttlebut that demand was higher than expected for P3D. If that's true, 3Q profitability is possible even with lower than anticipated deliveries.
I hope this is true. The lower than guided production rates for August means more deliveries will have to be squeezed into delivery centers on the west coast. They will absolutely have to be on their game during this last month.
I hope this is true. The lower than guided production rates for August means more deliveries will have to be squeezed into delivery centers on the west coast. They will absolutely have to be on their game during this last month.
Esme Es Mejor
Member
34,700 Model 3s at the end of August (per Electrek’s report) equals ~52k for the quarter, well w/in the guidance for 50-55k quarterly production.
If you’re referring to the 6k/week, that’s true— they missed it. But it doesn’t matter, since their quarterly progress is on target. One more reason to stop giving out rate goals— they just end up as a basis for shorts & lazy journalists to criticize Tesla.
I really hope there are no public timelines for Model Y.
erthquake
Active Member
Deliveries are more important than production given that profitability is now on the table. They would have been able to deliver more cars in Q3 if they had hit 6k in August. But if P3Ds are a higher percentage of the deliveries than they anticipated, it might be a wash in terms of impact on Q3 profits.
One point worth mentioning. They may have not hit 6k/week because they may have seen a higher than expected order flow for the dual motor performance model 3. That build may require a bit more complexity but well worth it given the higher margins. So, in a nutshell, tesla could hit their 50-55k guidance but do so with really strong margins. Trade em well. If I was short - I too would be worried and working this Labor Day weekend to spread as much FUD as possible. Good luck!!!!
erthquake
Active Member
Carsonight also suggested that GF1 can't yet maintain 6k/week because of Panasonic bottlenecks which are just now being resolved by them adding more cell machinery. If they're limited by packs, then it makes more sense to prioritize P/AWD orders.
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