Tesla financials

Tesla Says Shanghai Gigafactory Already Producing 1,000 Model 3s Per Week

4 years ago Dr. Maximilian Holland 0 Comments

Earlier today, Tesla hosted the first vehicle delivery event at its Shanghai Gigafactory, delivering a small number of Shanghai-made Model 3s to employees. At the event, Tesla China general manager Wang Hao said that 1,000 Model 3s are already being produced each week, with 280 units per day having been demonstrated. This production level comes less than 12 months since Tesla broke ground on the Shanghai Gigafactory site.

Tesla Critics Don’t Understand (Or Just Ignore) Tesla’s Mission

4 years ago Zachary Shahan 0 Comments

I used to find the debate between Tesla critics (most notably short sellers) and Tesla fans as somewhat interesting but mostly straightforward. Tesla critics somehow thought that Tesla inherently couldn’t make profits on its products. Tesla fans thought and explained how Tesla could. Tesla critics thought Tesla couldn’t learn the art and skill of efficient, smooth mass production. Tesla fans noted many times, this isn’t rocket science (ahem). Tesla critics thought major automakers would come out with electric vehicles superior to what Tesla offered and would thus kill the company. Tesla fans highlighted Tesla’s leadership in batteries, software, self-driving tech, design, customer communications, and overall reputation.

Tesla Bulls Warned Tesla Shorts — 5 Key Warnings

4 years ago Zachary Shahan 0 Comments

As you may have seen, Tesla recently showed another quarterly profit, which apparently shocked the market enough that the Tesla [TSLA] stock price shot up. I don’t follow the stock closely, but I am a shareholder and find the whole “Tesla bull vs Tesla short” debate quite fascinating. I’ve had several thoughts on the stock and these different investment communities in the past week, but the one that shot to the front most quickly and strongly was simple: TSLA bulls warned the TSLA shorts.

Tesla Earnings Call: My (Overdue) Analysis

4 years ago Frugal Moogal 0 Comments

I published an article in my TSLA FUD series on October 23rd about what I was hoping to see from the Tesla 3rd quarter shareholder call. I stated before any earnings were released that I was far less concerned about the actual per-share earnings and much more interested in a set of bullet points regarding where Tesla was with various upcoming projects. Later that day, Tesla reported earnings and they were widely regarded as a home run by analysts.

What Tesla’s Present Capital Expenses Tell Us About Future Depreciation

4 years ago Paul Fosse 0 Comments

Two of the big pieces of news on the Tesla 3rd quarter earnings announcement were that margins were up dramatically and the cost to build the new lines to manufacture the Model Y in Fremont is half the cost as the existing Model 3 lines, and that the cost to build the Model 3 line in China is 65% less than the same US Model 3 lines on a capacity basis. This means the cost for the Model Y line might cost half of what an existing Model 3 line costs, or it might mean that it costs the same amount of money but has twice the capacity — or some combination of the two.

MarketWatch: Tesla’s Road Gets Easier From Here

4 years ago Johnna Crider 0 Comments

In an article published by MarketWatch, the author believes that Tesla’s road will be easier from here. This verdict rides on the heels of Wednesday’s market close, in which Tesla reported $150 million in profits in the third quarter of 2019. Analysts were confident that Tesla would be reporting losses. In fact, many critics/short sellers who think Tesla is an imminent failure considered the quarter to perhaps be the beginning of the end, the last nail in the coffin. (It’s Halloween season, we need some seasonal metaphors).