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Highlights: $143M GAAP Net Income (vs $74M loss expected) Trial production started at Shanghai Gigafactory Model Y production moved forward to Summer 2020
by danhak 7y ago
Highlights:
$143M GAAP Net Income (vs $74M loss expected)
Trial production started at Shanghai Gigafactory
Model Y production moved forward to Summer 2020
- dmix 7y agoIs Model Y replacing Model X?
- danhak 7y agoNo, Model X will remain as the larger and more expensive SUV. Model Y will be smaller, less expensive and compete in the "luxury crossover" segment (Mercedes GLA, BMW X3 etc)
- dmix 7y agoAh, I see. The crossover market is huge in Asia so that should go well for them...
- Obi_Juan_Kenobi 7y agoIt's huge everywhere; a relatively smooth roll-out of the Y would be enormous for Tesla.
- slg 7y agoNo, but generally speaking the Model Y is to the Model X what the Model 3 is to the Model S.
- brianpan 7y agoTo be more specific: the X is build on the S platform; the Y is built on the 3 platform.
- soperj 7y agoNo, model Y is built on the same frame as model x. It'll be a suv. Sorry. meant model 3.
- sedgjh23 7y ago*Same frame as model 3
- woofyman 7y agoModern cars don’t have frames. They are unibody.
- Sohcahtoa82 7y agoThis is incorrect. It's a crossover built on the Model 3 platform. It's basically a Model 3 but slightly taller and with a hatchback.
- davedx 7y agoOh crap. Got my Y reservation with the assumption it would be late and I’d have plenty of time to save!
- navigatesol 7y agoWhat's even the point of talking about timelines? Tesla's history of achieving them is horrible.
- erikpukinskis 7y agoNoisy information still contains information. Consistently biased information is even better... it contains exactly the same data as unbiased information.
- navigatesol 7y ago>Noisy information still contains information. I mostly mean: why are people saying "He bumped up the Model Y launch a couple months" when both deadlines were sort of irrelevant. They are years behind on others.
- erikpukinskis 7y agoModel 3 ramp was basically exactly as predicted, delta maybe 6 months. If you compare to the Model X ramp, which was delayed by what, 2+ years, they have gotten much better at predictable ramps.
- ultraism 7y agoAre we talking about official statements or random posts by Elon in Twitter?