$Tesla Motors(TSLA)$According to a lobbying disclosure acquired by "Electric Autonomy Canada", Tesla is lobbying the Ontario government for a potential new factory.In Canada, companies must disclose all their lobbying efforts with the government.
$Tesla Motors(TSLA)$Hawaii set to close its last coal plant as part of a initiative to reach 100% clean energy. It'll use @Tesla Megapacks to help store power from its broad solar network, creating what’s set to be one of the largest energy storage plants in the world.
$Tesla Motors(TSLA)$$GM just reported their Q2 earning... Despite selling 82% fewer vehicles than GM in Q2, $TSLA generated 36% more net income!And it was even more during Q1 2022. This isn’t a one-off event. In Q1, $TSLA also generated more overall profit and made 4.5x the net income per vehicle soldThat gap is now 7.6x more net income per vehicle sold in Q2!
$Tesla Motors(TSLA)$generated $621M free cash flow in 2Q (before $936M BTC proceeds) even with China volume at 60% of normal and with TSLA ramping up two “gigantic money furnaces.” For FY’22 TSLA still likely to generate ~$9B in FCF, and in FY’23 ~$20B FCF. With $18.9B cash, only $66M debt not tied to vehicles or solar, and annual run rate EBITDA of $15B, TSLA likely to be upgraded to an IG credit this quarter. The real question: What to do with all the excess cash flow over the next five years, which we est could total $170B?The best use of free cash flow (highest IRR) remains building new gigafactories once Berlin/Austin are ramped up. After all internal projects there are only four external uses of cash:- share buybacks (My preference)- dividends
$Tesla Motors(TSLA)$Earning call tonight!Most people expect a drop in Tesla's gross margin in Q2 but I'm calculating an increase. Tomorrow will be interesting.Non-GAAP EPS:• My estimate: $2.18• Consensus: $1.77Automotive Gross Margin Excl Reg Credits:(was 30.0% in Q1)• My estimate: 31.1%• Consensus: 26.2%
$Tesla Motors(TSLA)$ENJOY, GUYS!!!In an new update to the Tesla App V4.11.0 in China!Step 1: Open Tesla App, Settings > turn on "Read Clipboard at launch"Step 2: Open the mobile Tencent video/ lYouku/IQIYI > copy video linkSort 3: Open Tesla App, click "Send to Vehicle" Watch in your Tesla.
$Tesla Motors(TSLA)$More Americans are considering buying an electric vehicle the next time they’re in the market for a new car. That’s great news for electric vehicle-only car companies such as Tesla.The latest survey from the 120-year-old American Automobile Association, better known to drivers as AAA, showed that 25% of Americans are “likely to buy an electric vehicle (powered exclusively by electricity, i.e., not a hybrid) for their next auto purchase.” That number is 30% for millennials.
$Tesla Motors(TSLA)$The US has finally crossed the EV tipping point—the period when technological preferences rapidly flip from early adopters to mainstream demand. If it follows the 18 countries that came before it, a quarter of new cars could be fully electric in 2025. Same for China and other European countries.
$Tesla Motors(TSLA)$Model Y tops list of best-selling SUVs in China 🇨🇳in June💪🏻💪🏻Tesla Model Y retail sales in China in June were 52,150 units, well above the second place BYD Song's 31,787 units.
$Tesla Motors(TSLA)$So I guess Tesla is doing a 20 for 1 stock split? Multiple people say they got this letter. and we know that rich people always get the information before it's officially announced 😊