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JSH · 05-01-2019, 02:17 AM

I got a chance to look at the SEC filing.

First the good:

Tesla's accounts payable went down. This means that they are paying their suppliers instead of delaying payment to try to show a profit. (Like they did in 3Q2018)
Tesla expanded their supercharger network by 33%

Then the bad:

Solar installations dropped 38% YoY
Powerwall installation dropped 39% YoY
R&D spending dropped YoY and QoQ
Captial spending dropped YoY and QoQ
Tesla not only burned through $1.5 billion in cash they also added $385 million to their debt.

YoY = Year over Year
QoQ = Quarter over Quarter

05-01-2019, 02:17 AM	#38 (permalink)
JSH AKA - Jason Join Date: May 2009 Location: PDX Posts: 3,601 Adventure Seeker - '04 Chevy Astro - Campervan 90 day: 17.3 mpg (US) Thanks: 325 Thanked 2,147 Times in 1,454 Posts	I got a chance to look at the SEC filing. First the good: Tesla's accounts payable went down. This means that they are paying their suppliers instead of delaying payment to try to show a profit. (Like they did in 3Q2018) Tesla expanded their supercharger network by 33% Then the bad: Solar installations dropped 38% YoY Powerwall installation dropped 39% YoY R&D spending dropped YoY and QoQ Captial spending dropped YoY and QoQ Tesla not only burned through $1.5 billion in cash they also added $385 million to their debt. YoY = Year over Year QoQ = Quarter over Quarter Last edited by JSH; 05-02-2019 at 01:14 PM.. Reason: EDIT: $385 billion to million