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Q3 countdown

Discussion in 'Tesla' started by bwilson4web, Sep 3, 2018.

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What will the Q3 Tesla gross profit or loss be?

Poll closed Sep 30, 2018.

  1. Loss -$1,000M or more

    1 vote(s)
    11.1%

  2. Loss -$100M to -$999M range

    0 vote(s)
    0.0%

  3. Loss -$10M to -$99M

    1 vote(s)
    11.1%

  4. Even -$9M to $9M

    3 vote(s)
    33.3%

  5. Profit $10M to $99M

    1 vote(s)
    11.1%

  6. Profit $100M to $999M

    1 vote(s)
    11.1%

  7. Profit $1,000M or more

    2 vote(s)
    22.2%
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  1. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    Fair enough.
    Asked and answered......
     
    #81 ETC(SS), Oct 3, 2018
  2. Zythryn

    Zythryn Senior Member

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    Production and earnings are rather related.
    As Bob pointed out, full financials, take some time to tally and calculate.
    Production and sales are relatively simple.
     
    #82 Zythryn, Oct 3, 2018
  3. bwilson4web

    bwilson4web BMW i3 and Model 3

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    "Earnings Date Oct 30, 2018 - Nov 5, 2018"

    Bob Wilson
     
    #83 bwilson4web, Oct 3, 2018
  4. hill

    hill High Fiber Member

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    Maybe even all the way out to the 8th. Are the markets open on Columbus Day?
     
    #84 hill, Oct 11, 2018
  5. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Monday October 8, 2018 or Monday October 14, 2019? <grins>

    Not to worry, celebrating Columbus Day 2018 on Monday of this week, I realized for this retired engineer everyday is Columbus Day.

    Bob Wilson
     
    #85 bwilson4web, Oct 11, 2018
  6. bisco

    bisco cookie crumbler

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    and groundhog day
     
    #86 bisco, Oct 11, 2018
  7. markabele

    markabele owner of PiP, then Leaf, then Model 3

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    Preferably Native American Day.
     
    #87 markabele, Oct 12, 2018
  8. Trollbait

    Trollbait It's a D&D thing

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    Most places that changed it went with Indigenous Peoples Day.
     
    #88 Trollbait, Oct 12, 2018
  9. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    Tribalism by any other name.......

    Most people on this planet.....some would suggest ALL of them, are indigenous. ;)
     
    #89 ETC(SS), Oct 12, 2018
  10. markabele

    markabele owner of PiP, then Leaf, then Model 3

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    I'm cool with the states that have large Native American populations calling it Native American Day.
     
    #90 markabele, Oct 12, 2018
  11. Trollbait

    Trollbait It's a D&D thing

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    Either or is fine with me.
     
    #91 Trollbait, Oct 12, 2018
  12. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    +1
    My company only has 6 core holidays.
    Columbus day didn't make the cut...but neither did MLK day, or Veteran's day, or Ground Pig day.

    What they do is give employees 4 additional optional holidays which cannot be denied based on scheduling, etc.
    That way, persons like me who always take MLK day, Vet's day, George Washington's BD(**), etc can party like a government employee!

    (**) According to the Googles, "president's day" is still officially George Washington's BD....if I'm accurately informed.


    I personally don't give a rats what they call them.
    I align my company holidays with dot.gov for personal reasons, not for virtue signalling.

    People can call the holidays whatever they wish as far as I'm concerned....
    2018 Federal Holiday Calendar | National Holidays | 2019 Federal Holidays
     
    #92 ETC(SS), Oct 12, 2018
    Last edited: Oct 12, 2018
  13. markabele

    markabele owner of PiP, then Leaf, then Model 3

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    Would agree, as long as we can work towards not calling it Columbus.
     
    #93 markabele, Oct 12, 2018
  14. bisco

    bisco cookie crumbler

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    shouldn't elizabeth warren get the final call?
     
    #94 bisco, Oct 15, 2018
  15. Zythryn

    Zythryn Senior Member

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    #95 Zythryn, Oct 24, 2018
    iplug and bisco like this.
  16. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    The street likes it.
     
    #96 ETC(SS), Oct 24, 2018
  17. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Source: SEC Filing | Tesla, Inc.
    • Gross profit: $1,523,665
    • Poll Results: 2 of 9
    Once the formal Q3 results are up at SEC.gov, I'll start a Q4 poll.

    Bob Wilson
     
    #97 bwilson4web, Oct 27, 2018
  18. Zythryn

    Zythryn Senior Member

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    Arrrrggghhh. I need to read more carefully, I thought it was Net Profits. I still would have been wrong, but not by quite so much:p
     
    #98 Zythryn, Oct 28, 2018
    bwilson4web likes this.
  19. bwilson4web

    bwilson4web BMW i3 and Model 3

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    I didn't want to use net profit because there are so many arbitrary decisions that could move the bottom line. For example, we know Tesla has to cover capital expenditures from previous quarters BUT we don't know how slow or fast.

    Gross profit is pretty simple and strongly indicates the health of Tesla. It gives them credibility so they can negotiate better deals and credit. Right now, I think they should tweak and tune their systems which improves margins and modest production rates. Then 2019 Q1, Tesla can put the hammer down to pay down/off loans and start their next production growth.

    Bob Wilson
     
    #99 bwilson4web, Oct 28, 2018
    Zythryn and john1701a like this.
  20. hill

    hill High Fiber Member

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    >$300million - it's a nice start - especially when you do $600million loss the prior year. Did they have to lose that much? Well, how else are you going to build thousands of superchargers? You shovel it into the infrastructure.
    300 mil ain't bad considering there's a lot getting shoveled back into the build-out.
    .
     
    #100 hill, Oct 28, 2018
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