Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Well, if the housing market is slowing down in the US. Then it is probably a good idea to slow the roof tile Solar expansion business. This is a tiny part of the Tesla group, and minimal effect. Meanwhile, Car and Megapak sales increasing.
PS. where was this Solar news from? not seen it?
China Shanghai record production numbers were confirmed yesterday. Further good news for the future, as long as Covid zero policy doesn't bite back again.
October production was new record high at 87,000. So October numbers for Shanghai becomes
previously advised Export 54k, and China local sales 17k. Then, Inventory or in transit at 16k.
Elon doesn't know or care where the SP bottom ends up. He only becomes concerned when it is too high for Tesla employees to allocate earnings and buy some shares for their future wealth. That is why Tesla had a 3:1 split, now easier for persons to accumulate shares. Elon is an engineer and like i just heard on a Vid. Elon's companies now need individual CEO's like Gwynne Shotwell is at Space X. Twitter will calm down in time, but it is bad news at the moment.
I thought $200 would be the low, brought some at 208 and 200, but presently the bottom could be anywhere. Probably get some more next week.
2 Million deliveries will be next year in 2023. This years target is 1.4 Million. It will be close, but probably around 1.3 Million.
Tesla will have to beat all previous highs to do it, only 936,000 by Q3, so difficult, and with present money concerns on every ones minds Tesla will probably not get 2 Million and 50% YoY growth. However, compared to all other Auto companies, they are racing ahead and doing amazing growth. Frigging Twitter causing more downward pressure, Elon sold another $4 Million Tesla shares. Keep thinking of all the 2023 IRA incentives and events to hit the upward trend.
It will be in January, reporting on the Quarter 4 results. The only numbers reported at the end of each month are deliveries and factory production. So for November's, it's the first week in December. A 4 week wait from here.
Yes, the SP is disappointing at $207, but it is presently driven down by the Wall st and Global pressures.
Fremont is also at max capacity, and Tesla are bringing over a few personnel from Shanghai to give a further push along.
Also, Gigi Shanghai is at max capacity producing the most cars ever. New records being set after the upgrades.
Transporter ships constantly docking to service global demand export push.
So disagree for Q4. Tesla are going all out for new record turnover.
Wrong.
China in slowdown, but still has a lot of new middle class looking for premium products and brand status. and the price reduction just put more cars into the new government incentive scheme. So, some Chinese start buying Tesla again. There is a renewed order surge occurring.
Do you think Q4 deliveries could be mega, like Tesla said in the earning call?
Just seen the vid showing Nightshift loading of ships in Shanghai, i think that is new.
Amazing Shanghai production rates after the latest upgrades to lines. Go Tesla.
Funds take their time selecting, it just doesn't happen immediately because of an Investment grade. 2023 should see 12 months of some new fund investments.
Starlink is the future moneymaker, and Elon could easily go public with say 20%, have 20% private investors, and 60% SpaceX. This would give Space X loads more cash to pay for further expansion and Mars. Let Tesla shareholders have the chance to buy into Starlink.
Just watched Dave Lee explanation of Elons batteries production target.
The IRA incentives for US battery production are massive.
and could push vehicle profit margins to 40-50%. Wow.
That is Space X, but given the chance . Who wouldn't buy some shares in that company.
When Starship gets sorted. The massive payloads it will be able to launch into space will provide millions $ of turnover.
it would be nice to have a few shares there.
Agreed Strike.
I do not have a lot of spare cash, but i have managed to add 10 more shares over the last 5 days.
2023 just looks too promising, and lots of catalysts for TESLA to continue growth.
Earning results from last night.
Superb growth and yet still Wall street, focuses and knock Tesla for $0.5 Billion miss to their estimates for Q3.
Ignore the FUD, YoY growth continues, with high margins and Cash pile growth by $3 Billion.
$21.4 Billion sales is YoY +56% for Q3.
Go Tesla. Great work for all Gigi factories and the teams.
S&P raises TESLA investment grading to BBB.
We just need companies like Moodys and Fitch to do the same.
Events are coming together for 2023.
Tesla advise first Sales to Pepsi in December.
So production line starts, and 4680 batteries ramp must be going ok.
Go Tesla!.
There is a very large disconnect between current profitability and growth to the present SP price, due to world macros.
Nobody knows how long this SP floundering will continue, could be a few months yet. Lets hope 2023 changes everything.
Agree Dog. It was primarily a recruitment advert for Engineers to come to TESLA, and work on transformation new technologies and product development.
I think i was more astounded by the Dojo chip than at the first AI day.It is so impressive. Designed and built by Tesla staff because nothing in the marketplace met their requirements for Superfast computations. Possibly that is why yesterday, there was a couple of reports circulated that Google are sniffing around Tesla for a link up. I think they see future competition for their AWS cloud services. Tesla Exapod processing power could make $M in the future. Amazing stuff. IMHO.
Well done Tesla.
Q3 production 365,923 cars. YoY 54% increase on 2021. Great and still ramping.
Q3 deliveries 343,830. A new record set, 11% higher than Q1 2022 record.
Gives about 40,000 units inventory or in transit for Q4 delivery.
Tesla stated that transportation for deliveries is getting challenging at a reasonable price from carriers.
Earnings will be reported October 19th. Can't wait for that , $$$ ?Billions. Go Tesla.