Seven Keys To Look For In TESLA $TSLA Earnings

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ThePitBoss
Participant

Tesla Second Quarter 2017 Update

 Model 3 production on track to achieve previously announced targets
 Expecting positive Model 3 gross margin in Q4; targeting 25% margin in 2018
 Deliveries grew 53% compared to Q2’16 in flat luxury vehicle market
 Projecting Model S and Model X deliveries to increase in 2H’17 vs 1H’17
 Q2 Automotive gross margin at 27.9% GAAP and 25.0% non-GAAP
 Q2 GAAP loss from operations improved sequentially, two quarters in a row
 More than $3 billion cash on-hand at the end of Q2

Report: http://files.shareholder.com/downloads/ABEA-4CW8X0/3100653300x0x952053/F302D22F-FC9B-41A3-9534-60D0032673CC/TSLA_Update_Letter_2017-2Q.pdf