Here's my latest $TSLA forecast.
I'm expecting a $1.6B tax benefit from prior years to roll through the P&L in Q3, boosting GAAP profit (but not Adj. EBITDA). Maybe it won't hit until Q4. 🤷♂️
Either way, I cannot underscore enough: Tesla's strategy is working. 🔌🔋⚡️🚗🚀📈
I'm expecting a $1.6B tax benefit from prior years to roll through the P&L in Q3, boosting GAAP profit (but not Adj. EBITDA). Maybe it won't hit until Q4. 🤷♂️
Either way, I cannot underscore enough: Tesla's strategy is working. 🔌🔋⚡️🚗🚀📈
And here's some charts, for people who like charts:
The remainder of this thread I dedicate to critics who claim that I am "bad at math", "lazy", or tweeting "a high-level forecast". I guess they think I just type numbers and hit send?
The first 4 slides are my *summary tab*. Here's the backup detail w/my forecast assumptions:
/3
The first 4 slides are my *summary tab*. Here's the backup detail w/my forecast assumptions:
/3
/4
/5
/6
/7
/8
/9
/10
/11
/12
/13
(These are just for forecasting the CEO Bonus)
(These are just for forecasting the CEO Bonus)
14/14
(CEO Bonus tab, continued)
(CEO Bonus tab, continued)
@threadreaderapp unroll
Tacking on further reading for those asking for more info about that weird one-time tax benefit
Here’s a thread suitable for accounting enthusiasts:
(The other 97% of you, feel free to skip to the next tweet)
Here’s a thread suitable for accounting enthusiasts:
(The other 97% of you, feel free to skip to the next tweet)
Tacking on further reading for those asking for more info on that weird one-time tax benefit.
Here’s a thread that explains it as well as I can:
(accounting enthusiasts may prefer the more detailed thread linked in the tweet above):
Here’s a thread that explains it as well as I can:
(accounting enthusiasts may prefer the more detailed thread linked in the tweet above):
