Tag: Tech

roughly 40 million

Followup: Change in service part structure / cash impact

Elon: no change in capital / being smarter about parts logistics. Big cost savings possible. Being smarter about it. – elon tells long story –

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht

$TSLA Earnings Q4/18 – LIVE TWEETING – #Question 17 – Wol Research / What % lease S/X in US

Elon: demand today is with zero leasing – could be a demand driver but is negative on cost appearance.

Deepak: About 20%

Followup: Restructuring charg? https://t.co/3uxnOYqFlQ

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht

$TSLA Earnings Q4/18 – LIVE TWEETING – #Question 16 – Battery Cost

Elon: highly propriety number can't give out – we do think we have the best cost in the world

Followup: Panasonic impact

Elon: spoke with head of P. no impact on Tesla https://t.co/3uxnOYqFlQ

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht

initial cost of acquisition is ~ 7k trending towards 4-5k

Followup: 2019 Demand MR SR tradeoffs / priority ?

Elon: flat trade

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht

$TSLA Earnings Q4/18 – LIVE TWEETING – #Question 15 – Bernstein / Need 4 Cost reductions

Gerome: power train and battery pack are most expensive.

followup: motor cost vs other parts

Elon: cost of electricity low, esp. in EU / China. Cost of ownersh https://t.co/3uxnOYqFlQ

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht

Elon: quite a significant advantage expect to make several trips to #China this year close involvement in china factory development by Elon. Huge support by china nat. government and local #shanghai gov.

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht

$TSLA Earnings Q4/18 – LIVE TWEETING – #Question 12 – Demand per Region

Elon: we are thinking about demand almost 0% we focus on getting cars as fast out as possible – China tariff talks is /v important now.

Follow up: GF3 in china / competitive advhttps://t.co/3uxnOYqFlQ

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht

Even with recession at the order of 500k / year

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht

Followup: Demand questions / Reservation numbers / Low cost #Model3

Deepak: reservations not relevant – large backlog – not appropriate to share #. Elon: not important – guess demand 700k-800k a year

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht

Elon: yes – Factory now only making cars for EU / China. How to get the ships as fastest out as possible is PRIO 1 now. China depends on trade negotions – so while uncertainty Tesla is pushing the #Model3 fast to china.

— Martin { God of Mars } (@martinengwicht) January 30, 2019

from Twitter https://twitter.com/martinengwicht