OT: Stock and Investment Talk

[BellyFullOfWhiteDogCrap]

Spoken like a true retail investor. They always ask why is the stock not popping or even down after an earnings beat. Quality of the earnings is more important. The question to ask is if you can underwrite the revenue.

@BellyFullOfWhiteDogCrap

maybe you can help explain the big jump in operating/servicing revenue jump.

If you really care to get into the weeds about Tesla's manufacturing efficiency and what makes a Tesla different from other EVs, I suggest Sandy Munro's YouTube channel. His team literally takes vehicles apart piece by piece, and breaks down costs. Your ID4 is there too.

https://youtube.com/c/MunroLive

 

[T2Kplus20]

All of this stuff is on the slide deck:

Q2 Financials

Our operating income improved in Q2 compared to the same period last year to $1.3B, resulting in an 11.0%
operating margin. This profit level was reached while incurring SBC expense attributable to the 2018 CEO award
of $176M in Q2, driven by a new operational milestone becoming probable.
Operating income increased YoY mainly due to volume growth and cost reduction. Positive impacts were partially
offset by growth in operating expenses including increased SBC, Model S/X ramp (negative margin in Q2),
additional supply chain costs, lower regulatory credit revenue, Bitcoin-related impairment of $23M and other
items.

In other words, all the shit I've been talking about for the last year. Vertical integration and world class talent go a long way. Can't wait to see that number once S and X refresh are fully ramped, supply shortages are sorted out, and 4680s reach volume production. Berlin and Austin will be Tesla's 3rd generation factory with even greater efficiencies. Wow! .......and...what happens if FSD hits?

Time to start your long position

 

[WhichReligionIsRight]

@WhichReligionIsRight

Thanks for posting. Now I can see what is driving the big jump in net income (Income from Operation/servicing). I thought EV were lower cost to operate but service revenue jump doesn’t support that. How much does TSLA make for a service call?

Stop asking bad faith questions. If you don't like Tesla, fine. But please stop the BS questioning.

 

[jtung230]

All of this stuff is on the slide deck:

Q2 Financials

Our operating income improved in Q2 compared to the same period last year to $1.3B, resulting in an 11.0%
operating margin. This profit level was reached while incurring SBC expense attributable to the 2018 CEO award
of $176M in Q2, driven by a new operational milestone becoming probable.
Operating income increased YoY mainly due to volume growth and cost reduction. Positive impacts were partially
offset by growth in operating expenses including increased SBC, Model S/X ramp (negative margin in Q2),
additional supply chain costs, lower regulatory credit revenue, Bitcoin-related impairment of $23M and other
items.

In other words, all the shit I've been talking about for the last year. Vertical integration and world class talent go a long way. Can't wait to see that number once S and X refresh are fully ramped, supply shortages are sorted out, and 4680s reach volume production. Berlin and Austin will be Tesla's 3rd generation factory with even greater efficiencies. Wow! .......and...what happens if FSD hits?

Time to start your long position

Have to say that I’m a little disappointed in your response. Auto revenue up 15% over the 1st quarter. Margins up 2% to 28.4%. Everything is moving in the right direction but not aligned with the jump in net income. That’s attributed to the line item Income from Operation. This line item has been up and down the last 5 Qs. My question to you is do you know what’s impacting this line item? I need facts and numbers, not more cheerleading.

 

[jtung230]

Stop asking bad faith questions. If you don't like Tesla, fine. But please stop the BS questioning.

Can you answer the question? Why is it bad faith?

 

[BellyFullOfWhiteDogCrap]

Have to say that I’m a little disappointed in your response. Auto revenue up 15% over the 1st quarter. Margins up 2%. Everything is moving in the right direction but not aligned with the jump in net income. That’s attributed to the line item Income from Operation. This line item has been up and down the last 5 Qs. My question to you is do you know what’s impacting this line item? I need facts and numbers, not more cheerleading.

Volume growth and cost reduction. Sorry, I'm not in the board room meetings or design studio.

 

[jtung230]

You forgot to add the 🚀 or $ before TSLA.

 

[jtung230]

Just for you @T2Kplus20. I know you are a fan.


Jim Cramer: Tesla's recent quarter lacked any 'wizardry'

 

[jtung230]

Just bought 400 shares of SOFI just because someone here told me it was a good buy under $15. That and I’m bored.

 

[T2Kplus20]

Earnings update:

GOOG/L crushes it again!
MSFT crushes it again!

Keep it rolling! :)

Google advertising revenue rises 69% from last year

Alphabet reported earnings after the bell. Here are the results.

www.cnbc.com

Microsoft posts big earnings beat and gives optimistic revenue forecast

Microsoft beat expectations for earnings and revenue, with Azure cloud revenue growing 51%, and the company gave a rosy revenue forecast.

www.cnbc.com

 

[T2Kplus20]

Apple goes KABOOM!

Apple demolishes earnings expectations, but stock falls after iPhone chip supply warning

Apple reported earnings on Tuesday. Here are the results.

www.cnbc.com

 

[jtung230]

Don’t want to beat a dead horse. This chip shortage is having a major impact all over the board. I think it’s going to hit inflation next.

 

[RU-05]

BTC chart starting to look interesting again.

 

[T2Kplus20]

BTC chart starting to look interesting again.

Bullish news is outpacing the FUD. On-chain data remained bullish all along with long term investors and whales buying all dips. The retail and newer investors were getting weak-kneed.

Also, GBTC discount vs BTC was declining and getting closer to parity (this is a nice tracker for sentiment).

 

[RU-05]

Bullish news is outpacing the FUD. On-chain data remained bullish all along with long term investors and whales buying all dips. The retail and newer investors were getting weak-kneed.

Also, GBTC discount vs BTC was declining and getting closer to parity (this is a nice tracker for sentiment).

It's been in the 30's for all of about 3 months, but it does feel like that has formed a pretty solid base.

Think it need's to get above 40K and then hold that level, and then the concerns of it getting back to 17K will have been washed away, then it can get back on it's upward trend.

 

[RU-05]

Earnings update:

GOOG/L crushes it again!
MSFT crushes it again!

Keep it rolling! :)

Google advertising revenue rises 69% from last year

Alphabet reported earnings after the bell. Here are the results.

www.cnbc.com

Microsoft posts big earnings beat and gives optimistic revenue forecast

Microsoft beat expectations for earnings and revenue, with Azure cloud revenue growing 51%, and the company gave a rosy revenue forecast.

www.cnbc.com

Apple goes KABOOM!

Apple demolishes earnings expectations, but stock falls after iPhone chip supply warning

Apple reported earnings on Tuesday. Here are the results.

www.cnbc.com

Just not going to get a big correction when the big guns are producing like this.

 

[RU-05]

Boeing reports a surprise profit for the qtr. Nice jump pre market, and pulling the Dow into the green with it.

 

[RU-05]

FB beats on revs, but not by too much, pretty solid beat on eps 3.6 vs 3.0 but guidance suggests decelerating rev growth. Down 5% early off the news.

 

[RU-05]

Paypal with a Revs miss. Slight beat on eps. Down 8%.

 

[T2Kplus20]

FB beats on revs, but not by too much, pretty solid beat on eps 3.6 vs 3.0 but guidance suggests decelerating rev growth. Down 5% early off the news.

Solid earnings for FB, being down 5% is silly. The market is stupid.

 

[RU-05]

Solid earnings for FB, being down 5% is silly. The market is stupid.

All about that growth, if that decelerates the market will look for better growth.

 

[T2Kplus20]

All about that growth, if that decelerates the market will look for better growth.

The "deceleration" is due to the base effect. The market should be smarter.

 

[rutgersdave]

Solid earnings for FB, being down 5% is silly. The market is stupid.

FB already went up substantially this quarter but in the long run should go up second half. I did buy some PYPL down 17 after earning announcement and I did sell FB this morning.

I think AMZN should go up tomorrow to 3,700-3,800 since it only went up 100 points to 3,600. I hope.

 

[T2Kplus20]

FB - premium growth rate for the next 3-5 years:

 

[T2Kplus20]

FB already went up substantially this quarter but in the long run should go up second half. I did buy some PYPL down 17 after earning announcement and I did sell FB this morning.

I think AMZN should go up tomorrow to 3,700-3,800 since it only went up 100 points to 3,600. I hope.

AMZN should be a $4000+ stock, easily. Looking forward to tomorrow. Good move on PYPL.

 

[rutgersdave]

FB - premium growth rate for the next 3-5 years:

View embedded media

FB always has revenue sources that haven’t been monetized yet.

 

[mdk01]

Let me give you two words that might give you some pause and slow this celebration: "Lina Khan"

 

[rutgersdave]

Let me give you two words that might give you some pause and slow this celebration: "Lina Khan"

Everybody has been hating Big tech for a long time. If they really get to do anything to these companies expect the market crash similar to the Chinese techs now.

 

[T2Kplus20]

Everybody has been hating Big tech for a long time. If they really get to do anything to these companies expect the market crash similar to the Chinese techs now.

Tank big tech = tank the market = tank the economy = those responsible lose reelection

Not gonna happen. :)

 

[mdk01]

Everybody has been hating Big tech for a long time. If they really get to do anything to these companies expect the market crash similar to the Chinese techs now.

"They're serious this time." Boone to Otter - Animal House. I don't think there has been an executive branch as hostile to big tech as this. And while it might not be a majority, they have significant support in Congress.

 

[mdk01]

Tank big tech = tank the market = tank the economy = those responsible lose reelection

Not gonna happen. :)

Yeah, I know. Anti-trust schmanti-trust. Just remember they'll still be around for '23-'24.

 

[rutgersdave]

"They're serious this time." Boone to Otter - Animal House. I don't think there has been an executive branch as hostile to big tech as this. And while it might not be a majority, they have significant support in Congress.

I think I saw they are 22% of the S&P. Both Republicans and Democrats hate them .

 

[RUDead]

Shocker.

Powell, fresh out of a two-day meeting with top Fed officials, told reporters that while inflation could be more intense than previously thought, indications are that it will settle back down in the future and the Fed is still not ready to begin talks about raising interest rates to mitigate price increases.

MSN

www.msn.com

 

[T2Kplus20]

I think I saw they are 22% of the S&P. Both Republicans and Democrats hate them .

And both R's and D's make tons of money off all of them.

 

[Rutgers Chris]

$HOOD priced to IPO at $38 tomorrow. Where do we think it ends the week? I’ll say $25

 

[T2Kplus20]

QCOM crushes it. SOXX up about 17.5% YTD.

Qualcomm shares rise as revenue pops 63% driven by chip sales

Qualcomm revenue was up 63% from the same period last year, and earnings per share more than doubled annually in the quarter that ended on June 27.

www.cnbc.com

 

[WhichReligionIsRight]

 

[T2Kplus20]

Probably good news.....nice growth, but not as overheated as expected:

U.S. GDP rose 6.5% last quarter, well below expectations

While the GDP gain would have been strong prior to the pandemic, it was considerably less than the 8.4% Dow Jones estimate.

www.cnbc.com

 

[RU-05]

Probably good news.....nice growth, but not as overheated as expected:

U.S. GDP rose 6.5% last quarter, well below expectations

While the GDP gain would have been strong prior to the pandemic, it was considerably less than the 8.4% Dow Jones estimate.

www.cnbc.com

Agree, a dissapointment short term, but it may lead to an elongated growth cycle.

Sounds like shortages both in labor and materials are a key part of this.

 

[RU-05]

@ScarletNut 's LC with a big pop off earnings, and an analyst's review of those earning.

Was up 40% in after hours.

Though when I originially looked at the chart I brought up a 5 year chart and thought it was a 6 month chart and thought the move off the bottom was 4x. It's merely a double.