Tesla (TSLA) report for the 3rd quarter of 2018

After the close of today's trading, Tesla published its financial report for the 3rd quarter of 2018 and a message to shareholders. Undoubtedly, this is a historical date not only for the company, but also for the entire auto market.



The company collected record revenue of $ 6.8 billion US dollars (profit of $ 1.75 per share). This is much more than expected by financial analysts. For example, Wall Street expected revenue of $ 5.667 billion with a loss of $ 0.53 per share.
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Tesla claims that the net income from the sale of Model 3 in Q3 was more than 20%, despite the fact that the labor hours for it also decreased by 30% compared with the previous quarter.

Amid this news, stock quotes have already jumped 10%.

In addition to the automotive division, the energy division also showed good results - in Q3, the total capacity of energy storage systems increased to 239 MW * h, and solar panels to 93 MW.

The company plans to pay a part of borrowed funds already in the current quarter, while it has more and more “free money” - for this quarter it was possible to accumulate another $ 731 million and now the total amount is $ 2.9 billion.

Tesla Model 3 has become the best-selling car in terms of price / number of cars sold, with surprisingly large profits from each. Next year, part of the Model 3 components is planned to be manufactured at the new Tesla factory in China.

Sales of passenger cars in the USA:


Average time to sell a car:


The cost of cars that change to Tesla on the program Trade-in:

What is interesting here is that basically cars are changing for less than $ 35,000 - i.e. Tesla buy people are not rich.

Model S / X sales revenue:


Installed energy storage systems:


The entire quarterly report:

Addition

Data from Tesla Sales Soaring, Competition Failing

Sales of electric vehicles (worldwide):


Sales of small and medium-sized luxury segment in the US (September):


Comparing Tesla, Porsche and Jaguar sales (Q3 2018 worldwide):


Dynamics of sales of passenger cars in the United States. If the trend does not change, then Model 3 will become the most popular brand in the US before the end of this year:


Comparing sales of Model 3 and Chevrolet Bolt (the second most popular electric car in the United States):


Sales schedule of electric vehicles in the United States:


The ratio of Tesla sales to sales of other electric vehicles in the United States (all taken):


The graph of world sales of electric vehicles:


Tesla car delivery quarterly:


Perhaps the most interesting graph on the subject of the article. Profit. It does not mark the last profitable quarter. From this graph it is clearly seen that, firstly, after the release of each new model, the company after a while goes into a plus. Secondly, the time it takes the company to become profitable again is reduced each time:


If you add emotions to the article, then we can safely say that Elon Musk is undoubtedly a genius, and Tesla is one of his most successful projects. If you also connect your personal experience, I would add that Tesla cars are bought because the company makes excellent cars, in many ways far ahead of all competitors on the engine and still the best plug-in cars on the market.