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I find this mind-bogglingly impressive: * Vehicles delivered: 0.31M/quarter = 1.24M/year run-rate (Q4 YoY growth: 71%). * Total revenues: $17.7B/quarter = $70
by cs702 5y ago
I find this mind-bogglingly impressive:
* Vehicles delivered: 0.31M/quarter = 1.24M/year run-rate (Q4 YoY growth: 71%).
* Total revenues: $17.7B/quarter = $70.8B/year run-rate (Q4 YoY growth: 65%).
* Cash flow from operations: $4.6B/quarter (Q4 YoY growth: 52%).
* Capital expenditures: $1.8B/quarter (Q4 YoY growth: 57%).
* Vehicle-producing factories: 2 online (California, Shanghai), 2 in testing (Berlin, Texas), ~4 in development (locations TBA).
A 5-7x increase in vehicle production over the next five years, from 1.24M to 6-8M vehicles, looks... quite realistic at this point -- gasp. By all counts, Musk and his team have successfully created a major automaker from the ground-up in a record short amount of time. Kudos to them!
- kevstev 5y agoI was looking for something that was a red flag in here, and could not find one. The only thing I could find is that the solar business is not doing well and that is just a drop in the bucket at this point in terms of revenue, its not even really material.
- rileymat2 5y agoThe red flag is not those numbers, it is the market cap they are trying to justify. They are doing terrific.
- mgh2 5y agoOr maybe that part of its valuation is tied to bitcoin on its balance sheet?
- avrionov 5y agoThere are a few in the call with the analysts [1]. - Multiple references to the FSD. Promised FSD to be ready this year again. - Dojo may not be ready and not faster than a cluster of GPUs - Solar installations are dawn In general very positive results. [1] https://seekingalpha.com/article/4481919-tesla-inc-tsla-ceo-elon-musk-on-q4-2021-results-earnings-call-transcript https://seekingalpha.com/article/4481919-tesla-inc-tsla-ceo-...
- chrisjc 5y agoWhy is Nevada always omitted? By "online" I guess they mean manufacturing cars, whereas Nevada just produces parts (batteries) needed by the cars?
- cs702 5y agoYes. I added "vehicle-producing" to make it clear. Thanks!