Read on Twitter
$tsla 10Q review thread
Pesos, definition changes, & things that should have been previously mentioned oh my:
As always the thread is not in order of import/materiality
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Pesos, definition changes, & things that should have been previously mentioned oh my:
As always the thread is not in order of import/materiality
1/
Start with highlights from CF statement:
- despite majority of FSD sales going in to deferred revs & recognized over time, deferred have turned negative.
--> order book is gone
Highlighted other areas that demonstrate cash flow isn't what most believe it to be
- despite majority of FSD sales going in to deferred revs & recognized over time, deferred have turned negative.
--> order book is gone
Highlighted other areas that demonstrate cash flow isn't what most believe it to be
$TSLA "appreciating vehicles" are seeing returns surge against value guarantees tesla has previously not accounted for
$23mm hit in Q2 due to "pricing adjustments" ) in Q2
Musk claims vehicles appreciate, yet vehicles depreciate much faster than Tesla internal estimates
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$23mm hit in Q2 due to "pricing adjustments" ) in Q2
Musk claims vehicles appreciate, yet vehicles depreciate much faster than Tesla internal estimates
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Tesla M.O. is to makes future promises that benefit today. From massive purchase commitments, to "selling" vehicles w RVG to guaranteeing the returns of fund investors.
Despite auto revs being -11% y/y, revs tied to auto leases with RVG increased 78%
Anything to move metal
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Despite auto revs being -11% y/y, revs tied to auto leases with RVG increased 78%
Anything to move metal
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In which $TSLA indirectly admits they claim Regulatory Credit revs far in advance of money being due & wait til the end of the Q to see how much they want to claim.
$TSLA has emptied its regulatory credit cookie jar, (see also recognizing full deferred revs here).
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$TSLA has emptied its regulatory credit cookie jar, (see also recognizing full deferred revs here).
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Did I say $TSLA leverages the future for a better today?
Only another $665mm of purchase commitments made in the Q.
Tesla typically takes one-time rebates in exchange. How big were the rebates this Q Zach?
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Only another $665mm of purchase commitments made in the Q.
Tesla typically takes one-time rebates in exchange. How big were the rebates this Q Zach?
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This is new, and a major red flag, to add to the infinite list.
$TSLA & pesos, now together for reasons unknown
7/ https://twitter.com/TESLAcharts/status/1288071069010624514?s=20
$TSLA & pesos, now together for reasons unknown
7/ https://twitter.com/TESLAcharts/status/1288071069010624514?s=20
After handing $TSLA $1bn for ~ nothing, the State of NY continues to make amendments favorable to Tesla in exchange for nothing.
I thought Musk was against subsidies, particularly those that discourage work.
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I thought Musk was against subsidies, particularly those that discourage work.
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Musk squirms away for now for $SCTY self-dealing until March 2021 (originally March 2020 )
The billions in liability for the $420 fake takeover, however, has been amended to include additional liability for Musk's fraudulent production tweet & "stock price too high" tweet
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The billions in liability for the $420 fake takeover, however, has been amended to include additional liability for Musk's fraudulent production tweet & "stock price too high" tweet
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