On the surface, record vehicle deliveries, revenue of $28.1 billion, and net income of $1.8 billion probably sound good. This is a big and successful company, without a doubt. However, the financial trends at the company are bad, horrible even. Additionally, there some clear signs those are only going to … [continued]
It’s no secret that Tesla sales were down considerably last quarter, and net income was down a whopping 71% year over year. What is less known is that Tesla wouldn’t have even been profitable if it wasn’t for policies Donald Trump doesn’t like and wants to kill. Though, there is … [continued]
A US appeals court rejected Tesla’s request to reinstate higher civil penalties for automakers who fail to meet US fuel economy standards, Reuters has reported. In April, the Second Circuit US Court of Appeals rejected Tesla’s request for immediate action pending a review by the National Highway Traffic Safety Administration … [continued]
There has been so much misinformation published about Tesla and Elon Musk over the years that there are numerous people who spend much of their day, almost every day, debunking such misinformation and defending, ironically, one of the most valuable companies on Earth and one of the richest people in … [continued]
Congrats to Elon and the workers at Tesla for a record setting Q3, by almost every measure. I’ll cover below what I feel are some of the financial highlights.
Now that we’ve seen Tesla’s actual Q2 2020 production and delivery numbers, the next thing Tesla bears and bulls turn their attention to is trying to determine what the financial impact will look like, and will Tesla make money.
Well, I created my own best and worst case scenarios for production and deliveries, used what I could find and a number of estimates to nail down numbers that I felt were accurate, and this morning Tesla released the actual numbers. In that last article (mostly Tesla’s press release), Zach noted that the numbers would probably be a reason for some of our authors to produce long pieces on them, and …
