Credit to Author: Frugal Moogal| Date: Fri, 31 Jan 2020 04:23:26 +0000
Below are a number of top takeaways from Tesla’s latest shareholder letter and conference call. Perhaps these thing stood out to you as well. Perhaps they will light a spark in your brain
Credit to Author: Paul Fosse| Date: Thu, 30 Jan 2020 01:03:12 +0000
In reading Tesla’s 4Q Earnings Release, what struck me immediately is that even though they added a lot of production capacity in 2019, both expanding Fremont considerably and building the entire Shanghai Gigafactory in 2019, they spent a little more than half as much on capital as they did in 2018, when they were ramping Model 3 but not building any major factories
Credit to Author: Vijay Govindan| Date: Wed, 01 Jan 2020 16:49:01 +0000
There have been many pieces on Tesla stock’s rocket run over the last month. According to stockcharts.com, Tesla went from a low price of 328.69 on December 2nd, 2019, to a closing price of 430.38 on December 27th, 2019 (it has dropped a bit since then). This is a phenomenal return of 30.9% gain in less than 30 days. I speculated earlier on many reasons why it happened. It turns out, though, the reason may be very simple. Wall Street analysts are expecting Tesla to earn higher profits in 2019 and 2020 compared to what they thought 3 months ago
Credit to Author: Zachary Shahan| Date: Sat, 26 Oct 2019 04:30:26 +0000
seen it or any other automaker focus as obsessively or effectively on improving capital efficiency as Tesla does