$143M GAAP / $342M Non-GAAP Net Income. $371M free cash flow.
GAAP Gross Margin 18.9%. That is before G3 comes online which will, I believe, have an upward case for margins. That is the big news here today. And that is really great news for Tesla.
Over $5.3B cash on hand. TSLA is in an amazing position going into Q4 and 2020.
Highly confident of exceeding 360k deliveries for 2019.
Just an amazing run up to the end of the quarter.
For added inspiration, check out a flyover video of G3 with the loading docks starting to fill up:
https://youtu.be/bI-My94Ig5k
Full Disclosure: Long TSLA. No plans to sell in the next 9 years. I told my kids either the shares will pay for their college, or they may need some scholarships.
GAAP Gross Margin 18.9%. That is before G3 comes online which will, I believe, have an upward case for margins. That is the big news here today. And that is really great news for Tesla.
Over $5.3B cash on hand. TSLA is in an amazing position going into Q4 and 2020.
Highly confident of exceeding 360k deliveries for 2019.
Just an amazing run up to the end of the quarter.
For added inspiration, check out a flyover video of G3 with the loading docks starting to fill up:
https://youtu.be/bI-My94Ig5k
Full Disclosure: Long TSLA. No plans to sell in the next 9 years. I told my kids either the shares will pay for their college, or they may need some scholarships.