Here are four charts showing Tesla's trends
Earnings day today. Here are four charts showing $Tesla Motors(TSLA)$ 's trends and what to watch.
We know deliveries dropped so I expect:
1. Lower margins
2. Increased inventory
3. Low/negative FCF
Image
Image
Image
Image
Here's where it gets complicated:
1. Net income is down because of lower volumes and discounting.
2. Operating cash flow is down because inventory is up, despite discounting.
What do you do now?
Reduce production volume?
Cut prices even more?
Manufacturing is hard.
Image
Did they make the decision yesterday to "utilize aspects of the next generation platform as well as the current platforms" to make a vehicle that will be in production next year? This doesn't seem like a well thought out plan...
Image
Ok, honest comment about autonomy and robotaxis.
How are we going to identify these vehicles?
Today, the autonomous vehicles are monstrosities and easy to identify. But what happens if they are just a regular car?
I have little kids, I want to know if my neighbor is sending their Tesla out without a driver. Is that too much to ask?
Maybe a light on top indicating an autonomous vehicle in operation?
Is that too much to ask? Seems reasonable to me.
https://twitter.com/TravisHoium/status/1782748228594618454
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
