Tesla call with analysts packed with new info

Discussion in 'Tesla' started by Domenick, Feb 7, 2018.

  1. Domenick

    Domenick Administrator Staff Member

    I just finished up writing this post detailing what was said during Tesla's quarterly call with financial analysts. There are some pretty amazing claims and ambitious targets therein.

    A few highlights:
    • Expect to hear about a new factory plans, close to the end of the year, for Model Y and, possibly Semi. (I'd heard Semi might be built near Gigafactory, but that's not official)
    • Tesla hopes to build 1,000,000 Model Y a year
    • Tesla hopes to build 100,000 Semi trucks a year
    • Coast to coast trip is 3 to possibly 6 months away, but after that happens, owners will have same capability.
    • Jon McNeil, president of global sales and service has left the company and won't be replaced.

    Feel free to hit me up with any questions,
     
  2. Domenick

    Domenick Administrator Staff Member

  3. JyChevyVolt

    JyChevyVolt Active Member

    TSLA is getting killed. Very disappointed in 5% gross margin on Tesla energy. Giga factory advantage? ZEV credit sale was 170+ million. Almost 850 million in loss.
     
  4. Domenick

    Domenick Administrator Staff Member

    TSLA is down, for sure, but a lot of that has to do with the market correction.
    Yes, margins were down on everything, though Deepak said he was confident S and X would be back up to 25-26% by the end of the year, and Model 3 margin, which is still negative, should be shortly behind them.

    Losses in the filing were $675.35 million, which was less than expected.

    Would have liked to hear more about energy margins and prospects during the call, though I imagine they would be upbeat (of course).
     

Share This Page