Posted Dec 5th 2012 3:59PM
Can we guess that 'positive cash flow' means they roughly figure they don't lose money per unit now, just on all the overhead and labor. So maybe the losses for this quarter will only be say 80 million dollars?
Or does it actually mean that Tesla Motors as a whole is profitable. I highly doubt it is the latter. But if it is it would be huge.
The Q3 record loss really dashed most hope but if Q4 is also a big loss (say above 50million) then all hope is lost and TSLA will drop to zero.
They never lost money per unit... They money they have spent went into R&D. They make money on each unit sold.
They simply said they were cash flow positive for a week. They are not saying they are profitable over the quarter. They quarter is almost over and they had one week of positive cash flow. As long as they continue to be cash flow positive though they will be profitable Q1 2013 and hopefully beyond. If they are at full production with the model s they will be because as I said earlier they make money on every unit they sell.
I am surprised no one has mentioned the Autoweek incident here yet.
December 06 2012 at 11:39 AM Report abuse Permalink -2 rate up rate down ReplyThey've built 20,000 of these already? Really? I find that just a bit hard to believe.
December 06 2012 at 9:24 AM Report abuse Permalink -1 rate up rate down ReplyAwesome work! Show the world Tesla!
It's a shame Fisker doesn't have an Elon Musk in charge.
Hope they will start making annual profits soon.
December 06 2012 at 2:23 AM Report abuse Permalink +1 rate up rate down ReplyIf I could harness all the energy poured into hating on this company I could power all 20,000 -- oops, I mean 2,000 -- Model S cars they've built. Do these things run on negative energy?
December 06 2012 at 1:22 AM Report abuse Permalink -1 rate up rate down ReplyActually I don't think there is even one poster that hates Tesla. Plenty of others that do, but no one here posting.
December 06 2012 at 1:33 AM Report abuse Permalink -3 rate up rate down ReplyI beg to differ, If you look at different threads you'll see trends of bashing Tesla's finances. The specific trolls will feel stupid when they realize that Tesla's cash flow from patents isn't included in these finance statements. @ Grendal
December 06 2012 at 6:11 AM Report abuse Permalink rate up rate downBTW @ Grendal did you click the link that SVX posted? in the comments of one of them is a cop car that drove off with a gas nozzel= LOL!!!!
December 06 2012 at 6:17 AM Report abuse Permalink rate up rate downInteresting that I saw one on the road for the first time today. Got to roll up and admire its 3/4 rear view while at a light waiting to get on the freeway. It's bodywork was liquid, the absence of door handles, it rolled back about an inch before lurching forward, there was a kid literally bouncing around in the back seat. I'd never seen a vehicle full size be electric. My neighbor has a Leaf, this thing looks like it could eat the Leaf. I see plenty of roadsters as I work across the street from Tesla Seattle. So good to see this car, see the profit.
December 06 2012 at 12:29 AM Report abuse Permalink +6 rate up rate down ReplyHuge editing error. Not 20,000. 2,000 and well behind this years projection.
December 05 2012 at 10:20 PM Report abuse Permalink +2 rate up rate down ReplyWhat's let out to the press isn't even scratching the surface.
December 05 2012 at 9:42 PM Report abuse Permalink +2 rate up rate down ReplyA friend of mine who works there assured me that you'll be amazed at what's in the works. The big companies would never allow it to happen yet.
December 05 2012 at 9:37 PM Report abuse Permalink +4 rate up rate down ReplyFalcon doors? :) Rear view cameras? :)
December 05 2012 at 9:59 PM Report abuse Permalink +4 rate up rate down ReplyThe big companies have already done those.
December 06 2012 at 1:12 AM Report abuse Permalink +1 rate up rate downSome people dont get sarcasm.
December 06 2012 at 9:50 AM Report abuse Permalink +2 rate up rate down
