W2 2018 Results

Discussion in 'Tesla' started by tpenny67, Aug 2, 2018.

  1. tpenny67

    tpenny67 Active Member

    Joined:
    Jun 14, 2014
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    Location:
    Massachusetts, USA
    Vehicle:
    2014 Prius
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    Two
    I can't believe nobody has been posting about the results! Full results are here: http://ir.tesla.com/static-files/7235e525-db16-470c-8dce-9ecac0ad7712

    Revenues are good, cash is acceptable and better than expected, profit is... elusive. I'm wondering what people think about the gross profit in the report (profit before R&D, administration, etc.), which is growing compared to last quarter but still below year-ago levels when they had much lower revenue. Is this an artifact of production ramping up late in the quarter? Here's a screenshot of the gross profit, discuss! :)

    upload_2018-8-2_12-58-58.png
     
    LasVegasaurusRex likes this.