Short-Term TSLA Price Movements - 2015

[tinm]

"China demand has doubled since last quarter"

China in Q1 was abysmal, right? Dozens, scores, maybe hundreds total?
So doubling that would mean, maybe a few more hundred?

 

[sahanim]

we're on

 

[gene]

Yes, I have music at this time. Mozart I think.

ooops...on now

 

[mmccord]

Unfortunately I'm on a plane right now, so I can't get the live stream. Is someone posting the play-by-play?

 

[hockeythug]

High demand for CPO's. Selling more than they take in. Only taking the trade ins when people are buying another Model S.

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Referall program, some dual expense during this trial.

 

[Papafox]

The weekly production numbers for 2016 are predicated upon using a single production line:

"Furthermore, since Model Sand Model X are produced on the same general assembly line, Model X production challenges could slow Model Sproduction"

That's the bad news. The good news is that the other production line will be configured for Model 3 (what else would they do with it?) and there will be plenty of time to make this happen. Maybe it's because of pressure from the Chevy Bolt, but I see a real determination to keep Model 3 delivery schedule intact, if at all possible. I also like the wording that a small quantity of Model X vehicles for delivery to customers will take place in Q3. This statement reinforces plans to begin Model X deliveries during September.

 

[hockeythug]

CAPEX/equity raise question, comfortable with current cash levels.

 

[hershey101]

Bit hesitant in answering cash from capital raise... Sounds like they might do one next year?

 

[techmaven]

I think the want to do a cash raise after hitting free cash flow positive in order to grow even faster. But they don't want to raise cash before that point.

 

[hockeythug]

On revised guidance: Will be a very challenging production ramp for the X, basically the same comments as in the shareholder letter regarding quality over quantity.

 

[mmd]

Unfortunately I'm on a plane right now, so I can't get the live stream. Is someone posting the play-by-play?

You can check the live blog here: Live blog: Tesla beats second-quarter expectations, but dials down deliveries - The Tell - MarketWatch

 

[hockeythug]

Original 2016 2,000 a week run rate was an average throught the year.

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Musk claims over $1B in "reservations" in Tesla Energy products. Sold out for 2016. Musk did say "if these are real orders".

 

[CALGARYARSENAL]

Bit hesitant in answering cash from capital raise... Sounds like they might do one next year?

Exactly hershey101. It was NOT a convincing answer.

 

[anon]

Original 2016 2,000 a week run rate was an average throught the year.

Just to elaborate: weekly figure quoted in shareholder letter was averaged for the calendar year, including weeks with factory shutdown for retooling and holidays. So actual production in an active week is higher.

 

[hershey101]

So far nothing in the call to give us a "rabbit out of the hat" moment... I'm surprised by the return to $260... I would be even more surprised if we open down <8-10% tomorrow...

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Aug 15 autopilot to early access...
Wide release in 1-2 months after

 

[hockeythug]

1-2 months after when for auto-pilot/parking?

 

[hershey101]

After Aug 15. early access release... (assuming everything goes well)

 

[hockeythug]

"X is maybe the hardest car in the world to build."

 

[Johan]

I really liked Clam Chowdry's question on "challenging". And Elon's answer.

 

[gene]

I really liked Clam Chowdry's question on "challenging". And Elon's answer.

"I think it's going to blow people away". EM