Is Tesla just months away from a total collapse?
#76
Lexus Champion
As with you guys, seeing quite a few around here in the Seattle area as well.
#77
Lexus Fanatic
Thread Starter
#78
Lexus Champion
Not for me, thanks. I will wait for one from an established automaker, and one that has a autonomous driving system that has been more completely tested before being released.
#79
Its seem like my Tesla Model 3 order will not be available this year. In addition, I highly doubt the $7,500 Fed Tax break will still available & I will not get it if my order will not qualify.
#80
Lexus Fanatic
iTrader: (20)
#81
Lexus Fanatic
Thread Starter
Give the IRS a call (their representatives will freely answer questions over the phone, and identify themselves with their IRS-employee number) and see if they will allow you to use the date you actually ordered the car for the tax-credit, not the date the car will be delivered. It's not your fault (nor, if applicable, that of your tax-preparer) if Tesla can't get its act together and actually fill customer orders.
#83
Give the IRS a call (their representatives will freely answer questions over the phone, and identify themselves with their IRS-employee number) and see if they will allow you to use the date you actually ordered the car for the tax-credit, not the date the car will be delivered. It's not your fault (nor, if applicable, that of your tax-preparer) if Tesla can't get its act together and actually fill customer orders.
Tesla is getting close to their 200,000 limit
https://insideevs.com/top-6-automake...-credit-limit/
#84
- Adjusted loss per share: -$3.35 per share vs. -$3.58 per share forecast by Thomson Reuters
- Revenue: $3.41 billion vs. $3.22 billion forecast by Thomson Reuters
#85
A change in Tesla's accounting makes it impossible to directly compare Tesla's year-over-year and quarterly numbers, including automotive revenue and gross margins. The company is now required to report lease transactions as sales, with all the revenue, income and costs for each lease recorded at once, rather than in monthly increments over the term of the lease.
"Now they are basically listing more of their leases as direct auto sales, and if you look at the difference between the margins of the leases and the automotive sales, in 2017, lease margins were 36 percent and automotive sales margins were 21 percent," said Vertical Group analyst Gordon Johnson on CNBC's Halftime Report on Wednesday. "So we think there is going to be a hit on the automotive margin line."
"Now they are basically listing more of their leases as direct auto sales, and if you look at the difference between the margins of the leases and the automotive sales, in 2017, lease margins were 36 percent and automotive sales margins were 21 percent," said Vertical Group analyst Gordon Johnson on CNBC's Halftime Report on Wednesday. "So we think there is going to be a hit on the automotive margin line."
#86
They cut off analysts and started asking for question from youtube supporter... lol.
https://www.cnbc.com/2018/05/02/tesl...ings-call.html
Tesla stock drops as Elon Musk gives bizarre earnings call
- Tesla stock dropped more than 5% in after-hours trading as executives cut off Wall Street analysts in an earnings call dubbing their questions on Model 3 gross margins "boring."
- CEO Elon Musk took several questions, instead, from Gali Russell, a 25-year-old retail investor in Tesla and Youtuber.
#88
They cut off analysts and started asking for question from youtube supporter... lol.
https://www.cnbc.com/2018/05/02/tesl...ings-call.html
https://www.cnbc.com/2018/05/02/tesl...ings-call.html
#89
Lexus Champion
Are the analysts finally realizing that Tesla stock is very much overpriced?
#90
Pole Position