Re:Tesla misses 4th qtr estimates on weak auto sales and war...
by slimebot80 on Wednesday January 24, 2024 @05:06PM
(#39123209)
At this point it would really help if they stopped filtering everything through Elon. The Musk prism scatters light in crazy ways and he doesn't speak to a general audience.
- Q4 Gross Margins 17.6%, EST. 18.1%, down 6.12% YoY
- Q4 automotive margins 17.2% ahead of 16.3% Q3, bullish
- Q4 Adjusted EPS $0.71, EST. $0.73c, down 40% YoY
- Q4 FCF $2.06B, EST. $1.45B, up 45% YoY
- Q4 Rev. $25.2B, EST. $25.9B, up 3% YoY
- Solar deployed 41 Megawatts, not very exciting, really lagging competitors here.
- revenue from credits sold to other companies was $433M down from $550 Q3
- this should eventually go to zero over the next 10 years
- 1.2M Model Y's sold,
Notes:
- EV sales in general rose by about 50% last year in the US
- TSLA now under 50% of EV market in the US, still absurdly good, but falling
- TSLA note growth in 2024 "may be notably lower" than 2023, but refused to offer guidance
- energy storage doubled 2022, that's pretty awesome
- when will they stop manufacturing the S and X, they are pretty minimal compared to the Y & 3 now
Look for:
- next gen(cheap cross over) "leaked" this morning, is that due to bad numbers?
- dojo computer talk ($1B is alot to put into this space)- will they break out cyber truck, or hide those numbers, note, they dodged it and said it would take a long time to ramp up
- V12 FSD notes. What data will they release and will the shift to NN to manage handling instead of hard coded rules work out?
- what are they making from super charging?
Thoughts:
- broke down below $200, options call writers win,
- Solar disappointing again, when will they spin that out and focus?
I personally know two people who got tired of waiting and now own Rivians (and then cancelled).