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Elon confirmed Tesla Fremont & Nevada have produced their 2 millionth car.
Congrats to all Tesla workers.
Dog,
Your readings were correct . Actual was 254,695 cars. So Tesla still achieved good YoY increase for Q2 despite lockdowns.
Q2 2021 - 201,250 prodcution
Q2 2022 - 254,695.
Down on Q1 2022 as we know (310,048) but still amazing YoY progress.
It should be interesting on Wednesday Earning call. I still expect big revenue figure about $16.1 Billion.
and the competition is coming, Yeah right! Ha, haaaaaaaaaaaaaa. Go Tesla Q3 and Q4.
Q2 EARNING REPORT IS THIS WEDNESDAY AFTER CLOSING.
The answer was 258k production.
A good achievement after the Covid lockdown.
Earning results for Q2 will be July 20th after Market close. That will kept SP fairly static or down. IMHO.
Whatever the fiqures are, it will be disappointing after the great Q1. All because of Shanghai shutdown. EARNINGS WILL BE DOWN AS WELL.
Shanghai must has lost at least 80,000 production. What is your guess?
IB _ 232k
Exactly wolf,
he has actually convinced many other investors he can get Twitter to be profitable and grow users, so his part is probably now spare change for Elon.
Elon is surprised be demand in Australia as new office and ordering website opening get 4,000 Model Y orders in first 3 hours and orders surges over next 4 days to extend delivery demand to May 2023. Wow.
New figures show EV adoption accelerating worldwide by 11%. YoY 60% growth in March.
Tesla model Y and 3 significantly ahead of other brands. Go TESLA !!
Just really fed up hearing the name Twitter all the time
Sold my quick investment as well.
Took small profit , sold at $191
Wait for better days
No. This is a TESLA site.
Some sort of slowdown will happen, but just to cloudy the water even more . The US job market added thousands of new staff in May. (announced last week). Even if JAMS tighten their spending. In the USA the Cybertruck is going to be bought by thousands of US construction and service industry workers next year and beyond. Tesla will prevail. IMHO.
Just to clarify. If office staff is about 40,000. 10% cut is only about 4,000 staff.
Whilst Factory recruitment will add more that that, so Tesla will be increasing its employees to over 100,000 worldwide.
FUD media keep implying it is 10% , a 10k worker cull. Big mistake.
Hi, Just like you to paste the media headlines, and not wait for the details. It is not factory workers who build the product.
Tesla management have stopped the hiring of Office/salaried employees and is now looking to streamline that part of the worldwide workforce. Also, he has told office staff to stop remote working at home, so that may start the shake out.
They are still recruiting factory operatives to enable continuation of factory ramping for production capacity.
Therefore, the factory workforce will keep increasing from the current 58,500 into 60-70k this year. Remember demand for EVs is still outstripping supply, so it is still Ramp, ramp, ramp the Gigi factories.
CC. And Tesla will still be earning Millions via it's sales. So is that the greatest buying opportunity of all time.
Yes, a good move up for the past 2 days. I bought some of these for the first time ever on Thursday morning.
Bought in at market opening buy of $160, now stands at $188 close yesterday. Nice start.
Koffee. my last splurge just went on Nvidia this morning.
Got it just right for a change. In at market opening drop at $160, ended day at $178.
I nice start to a a new stock to hold.
There is news today, of Gigi Berlin added a second shift to production line. Looks like recruitment is going well in Germany. Good news for a change.
Nice.
I wasn't even watching the market today. Wow, finished at $628, and hit low of $620.
All this Nasdaq chaos, and Reuters report that Tesla is restarting a second shift at Gigi Shanghai today, Production ramping up again. I wonder if we will hit $600 tomorrow? Still have a but order in place.