Zythryn wrote: edatoakrun wrote:
Zythryn wrote:Not sure if it is over-exuberance over the better than expected first quarter deliveries (25k between S and X), a short squeeze, or both.
But TSLA is up about $18/share today.
As reported below, USA TSLA sales down over 20% from last quarter 2016, to only 10,400 vehicles:http://insideevs.com/monthly-plug-in-sales-scorecard/
So it would be interesting to see where the majority of those first quarter deliveries
went, if and when that is reported.
Seems rather simple to me, and obvious.
IF inside EVs estimate is accurate, the remaining vehicles were sold outside of the U.S...
At risk of asking you to look beyond the obvious
, to where you think those deliveries
Due to recent changes in TSLA financial reporting, there is an ongoing discussion of exactly what a Tesla delivery
means in those markets where accurate reporting of vehicle sales is largely nonexistent, most significantly China.
https://seekingalpha.com/article/406017 ... market-cap
Tesla And The One Word That Could Have Added $2.5 Billion To Its Market Cap
Tesla announced a great deliveries number over the weekend that beat estimates across the board.
However, peculiar wording of the company's press release prompts us to ask questions about "customers" versus "end customers".
We would love to hear a clear answer from the company, and we will remain skeptics until such time as we do...
If the company is changing the way it records this number, it is similar to a revenue recognition alteration that needs to be defined very clearly for shareholders so people don't get the impression that all of these vehicles are on the road and being driven around by Tesla customers when they are possibly sitting on a lot somewhere.
While we are not alleging that this is the case, we do find it more than peculiar that Tesla has changed this language. Again, when securities lawyers and counsel review these documents, there are usually very few changes that are made without good reason. We would be more than interested in hearing the reason, if there is any, for this language change...
Since Tesla's sell in such tiny numbers, quarterly sales reports might of course also be easily manipulated, legitimately(?)
with "end customers".
For example, increasing deliveries
by a relative handful using corporate incentives or fleet buys would make the discussion above largely irrelevant.Purely coincidental, I'm sure,
that TSLA announced a major capital infusion from Tencent just last week:
http://www.cnbc.com/2017/03/28/messagin ... tesla.html
Tesla deal boosts Chinese presence in US auto tech
China's Tencent Holdings has bought a 5 percent stake in U.S. electric car maker Tesla for $1.78 billion, the latest investment by a Chinese internet company in the potentially lucrative market for self-driving vehicles and related services.
Tencent's investment, revealed in a U.S. regulatory filing, provides Tesla with a deep-pocketed ally as it prepares to launch its mass-market Model 3. Tesla's shares rose 2.7 percent to $277.45 on Tuesday, closing in on Ford Motor as the second-most-valuable U.S. auto company behind General Motors.
Tencent also could help the U.S. company sell - or even build - cars in China, the world's largest auto market, analysts said...