Dave Lee on Investing

Tesla’s Q4 2019 Earnings in 2 Minutes


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Follow me on Twitter: https://twitter.com/heydave7
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Watch my previous videos on TSLA:
My TSLA Exit Plan, https://www.youtube.com/watch?v=r9HtG-jJSTY
Tesla Crushes 500, https://www.youtube.com/watch?v=w_VAoVj-ZxI
Tesla Breaks 400, https://www.youtube.com/watch?v=HwvXHRXH8hs
All eyes are on Tesla today as they reported their Q4 2019 earnings.
Tesla stock has divided investors into ragAll eyes are on Tesla today as they reported their Q4 2019 earnings.
Tesla stock has divided investors into raging bulls and angry shorts.
And today Tesla made the case that they’re just getting started.
Tesla announced $105M GAAP net income; $386M non-GAAP net income in Q4.
Also, their cash and cash equivalents increased a whopping $930M to $6.3 billion.
This shows the critics that Tesla has plenty of cash in the bank, and with some left over.
Tesla had record deliveries of 112,095 vehicles in the quarter.
Perhaps the biggest news is Tesla announced Model Y has already started production.
Model Y production ramp started in January 2020, ahead of schedule.
And the first customer delivered are expected by the end of Q1 2020.
Model Y all-wheel drive now has an increased EPA range of 315 miles (from 280 miles).
The Model Y production ramp will be gradual as Tesla adds more machinery.
By mid-2020, Model 3 and Model Y capacity should reach 500,000 units per year.
Tesla is also expanding overseas.
They have broken ground on the next phase of the Gigafactory Shanghai.
And they expect first deliveries from their Gigafactory Berlin in 2021.
For full year 2020, vehicle deliveries should comfortably exceed 500,000 units.
Both solar and storage deployments should grow at least 50% in 2020.
We expect positive GAAP net income going forward, with possible temporary exceptions, particularly around the launch and ramp of new products
Overall, Tesla showed that they continue to be on a roll.
They’re expanding to new markets and silencing skeptics.
They’re making a profit and putting more cash in the bank.
And they’re about to deliver the first Model Y vehicles by the end of March this year.
Congratulations Tesla on an amazing quarter.
Subscribe to my channel Dave Lee on Investing more investing and Tesla videos. Also, check out my other videos where I share in-depth analysis and thoughts on Tesla’s Q4 earnings and Tesla’s potential grow to 10x valuation in 5-10 years.ing bulls and angry shorts.
And today Tesla made the case that they’re just getting started.
Tesla announced $105M GAAP net income; $386M non-GAAP net income in Q4.
Also, their cash and cash equivalents increased a whopping $930M to $6.3 billion.
This shows the critics that Tesla has plenty of cash in the bank, and with some left over.
Tesla had record deliveries of 112,095 vehicles in the quarter.
Perhaps the biggest news is Tesla announced Model Y has already started production.
Model Y production ramp started in January 2020, ahead of schedule.
And the first customer delivered are expected by the end of Q1 2020.
Model Y all-wheel drive now has an increased EPA range of 315 miles (from 280 miles).
The Model Y production ramp will be gradual as Tesla adds more machinery.
By mid-2020, Model 3 and Model Y capacity should reach 500,000 units per year.
Tesla is also expanding overseas.
They have broken ground on the next phase of the Gigafactory Shanghai.
And they expect first deliveries from their Gigafactory Berlin in 2021.
For full year 2020, vehicle deliveries should comfortably exceed 500,000 units.
Both solar and storage deployments should grow at least 50% in 2020.
We expect positive GAAP net income going forward, with possible temporary exceptions, particularly around the launch and ramp of new products
Overall, Tesla showed that they continue to be on a roll.
They’re expanding to new markets and silencing skeptics.
They’re making a profit and putting more cash in the bank.
And they’re about to deliver the first Model Y vehicles by the end of March this year.
Congratulations Tesla on an amazing quarter.
Subscribe to my channel Dave Lee on Investing more investing and Tesla videos. Also, check out my other videos where I share in-depth analysis and thoughts on Tesla’s Q4 earnings and Tesla’s potential grow to 10x valuation in 5-10 years.
Please share this video with others on Reddit, Facebook groups, and forums.
Check out my archived articles/posts on Tesla: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768
Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel.
Tags: Tesla, Elon Musk, Model 3, Model Y, Cybertruck, Investing, China, TSLA Shorts

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