Tesla Financial Results 2019 Q4

Re:Tesla Financial Results 2019 Q4 by jussij on Wednesday January 29, 2020 @11:56PM (#22188963)

The financial results from the link don't show a $800 million loss for this year.

From that document in the FINANCIAL SUMMARY section there are these quarterly profit/loss number:

    Income (loss) from operations 
    Q1-2019  Q2-2019  Q3-2019   Q4-2019  
       -522     -167      261       359

So for the first half of the year Tesla did lose 689 million dollars.

But for the whole year that was only a loss of 69 million dollars.

I think what the market likes is the Tesla cash position.

If you look at those it would appear Tesla is no longer burning cash.

    Cash and cash equivalents 
    Q4-2018   Q1-2019  Q2-2019  Q3-2019   Q4-2019  QoQ   YoY
    3,686     2,198    4,955    5,338     6,268    17%   70%

The fact that the year on year cash position grew by 70% would be pretty comforting to shareholders.

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Re:Tesla Financial Results 2019 Q4 by xkjkls on Thursday January 30, 2020 @12:14AM (#22189045)

You’re using non-GAAP numbers. By GAAP standards, they lost $800 million

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Re:Tesla Financial Results 2019 Q4 by blaser-waffle on Thursday January 30, 2020 @09:44AM (#22191569)

LOL, it was ONLY ~$70 million.

How does this stack up to last year, and forecasts for next year? If they were in the hole $120MM last year and now only 69, with forecasts for ~20MM or less next year then there is a clear road to profitability and I might be willing to do the Long thing.

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