I just got off the craziest call I’ve ever had. I can’t share names or details because I don’t want to compromise anyone. But the short summary is that I have been advised confidentially that a massive, possibly multi-trillion dollar, liquidity injection is coming within 75 days.
If you think $TSLA will hit $500 by the end of 2025, hit the like button.
If you think $TSLA will hit $1,000 by the end of 2030, hit the repost button.
$PLTR Breaking News!!! 5 year $1B contract with the Navy🚨🚨🚨🚨🚨🚨🚨🚨🚨
Notice of Intent to Award a Sole Source contract to Palantir Technologies
Long & Strong. Karpe Diem.
$TSLA beat solidly on 3Q adj eps ($.72 vs $.60 est and vs my $.56 est). TSLA +9.4% AH. Driving the beat:
- Auto GM ex-reg credits was 17.1% vs 14.9% WS est.
- Energy profits soared +90% (energy GM 30.5% vs 24.4% YoY)
- Service profits soared +91% (services GM 8.8% vs 6.0% YoY)
- Auto CoGS/unit dropped -6.4% YoY to $35.1K, its lowest ever.
- Reg credits $739M (vs $536M est)
- Adj EBITDA $4.7B vs $3.8B est
- Free cash flow $2.7B vs $1.6B est
There is no doubt this was a clean beat, with 17.1% auto gross margin way above all Street ests (highest was 16.4%, low was 13.6%). I expect analysts to take FY’24 adj eps ests ($2.26) to at least $2.40 tomorrow.