from Hacker News

Musk's leaked email shows Tesla to make record deliveries in second quarter

by golfer on 5/23/19, 4:13 PM with 19 comments

by mdorazio on 5/23/19, 4:46 PM
Has anyone else ever seen an email like this with potentially SEC-violating information sent broadly to staff ahead of public release? I've worked with a lot of large companies and unless this was leaked by someone senior on the finance team, it's extremely fishy (usually employees find out key information like this in the news before or at the same time as internal memos).
by chadmeister on 5/23/19, 6:44 PM
What a convenient rumor to start while their stock price is getting clobbered.
by madengr on 5/23/19, 4:40 PM
Tesla needs to figure out the post sales service and parts. Right now it seems they are cranking out cars like phones; with the intent of disposal after a few years.
by foobarbazetc on 5/23/19, 4:14 PM
“Leaked”
by Someone on 5/23/19, 6:26 PM
Musk isn’t known for being careful in his extrapolations, so I wouldn’t use “shows”, but something like “states” (“claims” is too negative)
Also, what is a “net new order”? If that’s orders received minus orders cancelled, that “50,000 as of last Tuesday” extrapolates to about 90,000 in the quarter (May 21 is the 51st day in a 91 day quarter), so if they are to beat the 90,700 deliveries, and all else staying equal, they will run out of customers, but only very slowly.
Given the simplifications in that model, I don’t think that is concerning, but if they want to produce 10,000 cars a week by end of the year, they’ll need about 40% more orders.
by djanogo on 5/23/19, 4:52 PM
It's conveniently leaked through Chinese website, I assume through multiple VPN's. He don't trust to leak through US bloggers or journalists anymore.
by golfer on 5/23/19, 6:54 PM
PSA for people. Tesla net income in millions:
Q1 2019: -$702
2018: -$976
2017: -$1,961
2016: -$675
2015: -$889
2014: -$294
2013: -$74
2012: -$396
2011: -$254
2010: -$154
2009: -$56
2008: -$82
2007: -$78