Tesla Q2 Earnings Call 2019 | 5 Biggest Takeaways | tsla | tesla stock

Tesla just posted their Q2 results for 2019. Tesla earnings call 2019 link is below. Here are the 5 biggest takeaway on Q2 that give clues to what may hold for Tesla. Tesla stock symbol is TSLA. If you are investing, you need to key in TSLA.

Tesla's Q2 2019 report.
https://ir.tesla.com/static-files/1e70a30c-20a7-48b3-a1f6-696a7c517959

5 takeaways:
1) “In Q2, Model 3 deliveries reached an all-time record of 77,634. Not only was Model 3 once again the best-selling premium vehicle in the US, outselling all of its gas-powered equivalents combined, this product also gained traction in other markets.”

In comparison, BMW delivered 17,225 3 and 4-Series vehicles in the US during the second quarter and Mercedes-Benz delivered 12,335 C-Class vehicles in the US during the same period.

3 years ago, unveil model 3, 2 years ago, product to market, 1 year ago demonstrated to build M3 at high rate, this year, demonstrated sustain organic demand.

So demand argument used by Tesla shorts are invalid and you don’t hear them talking about it anymore.
2) Numbers, 167m operating lost. Massive improvement from q1 494M. Added 614m cashflow, total of 5 billion cash. Personally, i think that is too much cash on hand they need. The key point i took away from this is, they are self sufficient from now on, meaning no need to raise funds!
3) 19% margins compared to 10% margins. Margins to increase once they realise profit from fsd.

4) Elon Musk highlighted there are 4 key factors to demand and it’s the same al over the world. The key to demand for buying a car is simple. Service ctr near you, enough charging infrastructure, easy financing and price is right. This qtr they added 25 service ctrs and 100 mobile service!! Service fleet doubled in a year! These are one time cost added to tesla. Takes a big toll, understand it’s a expanding co.

5) Future: next 12 months will be super exciting as highlight during the conference call. Exciting for the next 12 months, giga 3 producing at scale, model y addressing the most popular vehicle segment, euro gigafactory under way, FSD otw, energy products to grow. battery investor day next year feb / mar. Much later then I expected. However they said they want to lay a clear plan out. Currently at 30GW hr. 30GW hr is more then 50% of the entire world battery production combined. They want to increase to 2TW HR!!!!! It’s like a 60X increase. Tesla are not constraint by demand, they are constrain by battery production.
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0:19 Demand
1:25 Numbers
2:07 Margin
2:30 Creating demand
3:24 Future of Tesla

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Videos / Websites I recommend on Tesla Q2 2019 results:
Tesla Q2 2019 Earnings & CC Analysis | HyperChange TV | https://www.youtube.com/watch?v=3q0nlq1EU7c

Tesla Q2 2019 Earnings: All The Important Bits | Transport Evolved | https://www.youtube.com/watch?v=p8cKBPmcdjg

Tesla Q2 Earnings Results | In Depth | Now You Know | https://www.youtube.com/watch?v=TLFftpLo07c

7 Top Takeaways From Tesla’s Q2 Conference Call | Cleantechnica | https://cleantechnica.com/2019/07/25/7-top-takeaways-from-teslas-q2-conference-call/

Видео Tesla Q2 Earnings Call 2019 | 5 Biggest Takeaways | tsla | tesla stock канала Chicken Genius Singapore