Gold Member BOHICA Posted January 25, 2023 Gold Member Share Posted January 25, 2023 Hit home runs at every at bat. https://finance.yahoo.com/news/tesla-earnings-ev-giant-reports-q4-revenue-and-profit-beat-cybertruck-to-begin-production-later-this-year-211339540.html Tesla stock is trading slightly higher in after hours following the EV maker reporting a Q4 earnings revenue and profit beat. In addition, the most significant news for Tesla's 2023 roadmap is the upcoming Cybertruck is on track for production later this year. That revenue represents another record high for Tesla, up over $2 billion sequentially from Q3 and nearly $7 billion from a year ago. On the profitability end, Tesla is reporting adjusted net income of $4.1 billion, nearly $400 million more than Q3 and over $1.3 billion more than a year ago. Tesla said it has "sufficient liquidity" to fund its product roadmap and capacity expansion plans. Gross margin came in at 23.8% (25.4% Est.), with automotive gross margin hitting 25.9% (28.4% Est.). While Tesla instituted a number of price cuts in the U.S., China (for the second time), and some European markets, those cuts did not happen until Q1 of this year, so those effects aren't seen in Q4 results. However, investors will still be keen to track gross margin figures, which are the envy of the automotive world (last quarter GM’s EBIT adjusted margin stood at 9.4%). Tesla said it can maintain margins despite falling ASPs (average selling price) as it has proven over the years, through the use of "lower cost models, buildout of localized, more efficient factories, vehicle cost reduction and operating leverage." Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted January 25, 2023 Platinum Contributing Member Share Posted January 25, 2023 Should get a nice bounce tomorrow Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 Quote Link to comment Share on other sites More sharing options...
Gold Member Stephen Hawking Posted January 26, 2023 Gold Member Share Posted January 26, 2023 You gonna rub one out? Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 Just now, Stephen Hawking said: You gonna rub one out? If I decide to it won’t be to this Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted January 26, 2023 Platinum Contributing Member Share Posted January 26, 2023 6 minutes ago, Stephen Hawking said: You gonna rub one out? Dude needs something in his life to help with this weird Tesla / EV fetish thing he has going. Quote Link to comment Share on other sites More sharing options...
toslow Posted January 26, 2023 Share Posted January 26, 2023 (edited) Musk has some big plans, tunnels under Vegas. Plans for a tunnel running to LA. also has a big partnership in Canadian nickel Edited January 26, 2023 by toslow Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 6 minutes ago, Skidooski said: Dude needs something in his life to help with this weird Tesla / EV fetish thing he has going. First and foremost the most interesting things about EV’s is how triggered people get from them. I enjoy seeing triggered and furious people perform. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted January 26, 2023 Platinum Contributing Member Share Posted January 26, 2023 4 minutes ago, BOHICA said: First and foremost the most interesting things about EV’s is how triggered people get from them. I enjoy seeing triggered and furious people perform. Yes you come here daily to spread the gospel from your church of electrons. We know we know Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 Just now, Skidooski said: Yes you come here daily to spread the gospel from your church of electrons. We know we know And it triggers some people. Cheap entertainment Quote Link to comment Share on other sites More sharing options...
toslow Posted January 26, 2023 Share Posted January 26, 2023 1 minute ago, BOHICA said: And it triggers some people. Cheap entertainment So you’re nothing but a loser troll? Good to know Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 4 minutes ago, toslow said: So you’re nothing but a loser troll? Good to know See that’s the thing. I only state facts. Like this thread. Nothing but facts but yet it triggers some. If stating factual information easily backed up is trolling???? Guilty!! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted January 26, 2023 Platinum Contributing Member Share Posted January 26, 2023 10 minutes ago, BOHICA said: And it triggers some people. Cheap entertainment Uh huh….preach it baby Jesus Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted January 26, 2023 Platinum Contributing Member Share Posted January 26, 2023 2 minutes ago, BOHICA said: See that’s the thing. I only state facts. Like this thread. Nothing but facts but yet it triggers some. If stating factual information easily backed up is trolling???? Guilty!! Nobody in this thread is triggered. Do you really think your daily dumps of all things electric upset people??? Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 (edited) 11 minutes ago, Skidooski said: Nobody in this thread is triggered. Do you really think your daily dumps of all things electric upset people??? Upset…. Very few. Triggered most all that respond. That is why they respond cause of a trigger. for example: tesla had $467 million in profit from regulatory credits. Those are money paid to Tesla by the big 3 in the US for not meeting fuel economy laws that Biden just upped the fines on starting in 2023. So that column will grow as the fuel economy become more valuable this year as GM, Stellantis, and Ford cut checks to Tesla to avoid fine by the Biden Epa. just a fact that may trigger and upset some as that fine is built into the vehicle cost when they buy. every time somebody buys a new pickup they are contributing to the laws and rules that will eventually make those types of propulsion non existent. Edited January 26, 2023 by BOHICA 1 Quote Link to comment Share on other sites More sharing options...
toslow Posted January 26, 2023 Share Posted January 26, 2023 Dude that is a pipe dream, you know when we stop using ice? When Saudi Arabia runs the fuck out of oil Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 3 minutes ago, toslow said: Dude that is a pipe dream, you know when we stop using ice? When Saudi Arabia runs the fuck out of oil Ya. Almost every new ICE sold is pure profit for Tesla. The fines are going up and indexed now to increase as time goes on. Quote Link to comment Share on other sites More sharing options...
toslow Posted January 26, 2023 Share Posted January 26, 2023 (edited) 4 minutes ago, BOHICA said: Ya. Almost every new ICE sold is pure profit for Tesla. The fines are going up and indexed now to increase as time goes on. That’s not true, why bullshit when you’re in a conversation . maybe that’s why people take a run at you when you’re posting shit up. Edited January 26, 2023 by toslow Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 (edited) 5 minutes ago, toslow said: That’s not true, why bullshit when you’re in a conversation Tesla collected $467 million from other automaker in just q4 of 2022. That money given to tesla by manufactures that choose to buy credits from them for the dismal fuel economy and the fines. Buy credits is cheaper then the fines. Pure profit for tesla from selling EV’s The rate more than doubles, going from $5.50 to $14 for 2019-2021 model-year vehicles. For 2022, it increases to $15. That doesn't sound like much, but the fine is applicable for every 0.1 mpg under the mileage threshold. Take that figure and multiply it by the number of non-compliant vehicles sold, and it can up very quickly. The increase could cost Stellantis $572 million, according to Reuters, and that's just one company. In 2016, automakers argued the increase could cost over $1 billion. Automakers that exceed CAFE standards can sell credits to companies falling short of the mark, but the increase in fees will likely increase the value of credits. https://www.motor1.com/news/576385/us-doubles-fines-automakers-not-meeting-fuel-economy-standards/amp/ Edited January 26, 2023 by BOHICA Quote Link to comment Share on other sites More sharing options...
toslow Posted January 26, 2023 Share Posted January 26, 2023 (edited) 15 minutes ago, BOHICA said: Ya. Almost every new ICE sold is pure profit for Tesla. The fines are going up and indexed now to increase as time goes on. 6 minutes ago, BOHICA said: Tesla collected $467 million from other automaker in just q4 of 2022. That money given to tesla by manufactures that choose to buy credits from them for the dismal fuel economy and the fines. Buy credits is cheaper then the fines. Pure profit for tesla from selling EV’s The rate more than doubles, going from $5.50 to $14 for 2019-2021 model-year vehicles. For 2022, it increases to $15. That doesn't sound like much, but the fine is applicable for every 0.1 mpg under the mileage threshold. Take that figure and multiply it by the number of non-compliant vehicles sold, and it can up very quickly. The increase could cost Stellantis $572 million, according to Reuters, and that's just one company. In 2016, automakers argued the increase could cost over $1 billion. Automakers that exceed CAFE standards can sell credits to companies falling short of the mark, but the increase in fees will likely increase the value of credits. https://www.motor1.com/news/576385/us-doubles-fines-automakers-not-meeting-fuel-economy-standards/amp/ These are two different points of figures, one you pulled from some article and the other you lied, Edited January 26, 2023 by toslow Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 9 minutes ago, toslow said: That’s not true, why bullshit when you’re in a conversation . maybe that’s why people take a run at you when you’re posting shit up. around $1.8 billion paid to Tesla by other automakers for regulatory credits in 2022. Buy a new ice pickup you are essentially written a check to tesla when you purchase it. 😂 https://arstechnica.com/cars/2023/01/tesla-made-an-annual-profit-of-12-6-billion-in-2022/amp/ Regulatory credits for clean vehicles played a more significant but still minor role in the company's profitability, contributing $1.8 billion to the bottom line. That's a 21 percent increase from 2021 and the most money Tesla has made from regulatory credits, despite fears that the introduction of EVs from traditional OEMs would cause this to dry up. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 (edited) 2 minutes ago, toslow said: These are two different points of figures, Tesla credit paid quarterly to them by other auto manufactures are the second line in the financial disclosure…. 😂 those numbers are in Millions! Edited January 26, 2023 by BOHICA Quote Link to comment Share on other sites More sharing options...
toslow Posted January 26, 2023 Share Posted January 26, 2023 (edited) 4 minutes ago, BOHICA said: around $1.8 billion paid to Tesla by other automakers for regulatory credits in 2022. Buy a new ice pickup you are essentially written a check to tesla when you purchase it. 😂 https://arstechnica.com/cars/2023/01/tesla-made-an-annual-profit-of-12-6-billion-in-2022/amp/ Regulatory credits for clean vehicles played a more significant but still minor role in the company's profitability, contributing $1.8 billion to the bottom line. That's a 21 percent increase from 2021 and the most money Tesla has made from regulatory credits, despite fears that the introduction of EVs from traditional OEMs would cause this to dry up. The portion going to Tesla is minimal to zero when you start splitting hairs. You stay excited about it, looks good on you Edited January 26, 2023 by toslow Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 2 minutes ago, toslow said: The portion going to Tesla is minimal to zero when you start splitting hairs. You stay excited about it, looks good on you 1.8 billion from the big three to Tesla is not splitting hairs. $15 per each .1 mpg below the cafe regulations (which are getting stricter every year) is not insignificant. $150 per mile per gallon is not insignificant when pickups are 10 plus mpg below the CAFE requirements. Can easily add up when stroking a check for a new pickup that the manufacture has to give Tesla some on each sale. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 26, 2023 Author Gold Member Share Posted January 26, 2023 (edited) 16 minutes ago, toslow said: The portion going to Tesla is minimal to zero when you start splitting hairs. You stay excited about it, looks good on you Here are the standards for 2024-26 that are finalized. 49 mpg is the minimum standard for cars and light trucks…. $15 dollar fine for each .1 mpg below that. 20 mpg pickup and that is pretty much a $4500 fine for selling that pickup. But that manufacture can buy credits from Elon if it a bargain compared to the $4500 fine. manufactures can get advance vehicle credits like small turbo engines, start stops and cylinder deactivation to lessen the fine potential per pickup requiring less credits needing to be bought from Elon The final rule establishes standards that would require an industry-wide fleet average of approximately 49 mpg for passenger cars and light trucks in model year 2026, by increasing fuel efficiency by 8% annually for model years 2024 and 2025, and 10% annually for model year 2026. https://www.nhtsa.gov/laws-regulations/corporate-average-fuel-economy Edited January 26, 2023 by BOHICA Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.