JPR007 Profile picture
28 Jan, 5 tweets, 2 min read
THIS CHART IS THE SINGLE MOST IMPORTANT MESSAGE FROM TESLA’S 2020 RESULTS

Cash Flow From Operations is the leading indicator of a company’s health

- more important than its second-order derivative “Free Cash Flow”

- more important than the complex derivative “Net Income”
Tesla in 2020 had higher Cash Flow From Operations than FOUR other much larger well-known automakers had in 2019

- and 2021 will be higher again
Tesla now has a higher Cash balance than SEVEN other much larger automakers had at the end of 2019
And Tesla now has the highest Net Cash balance compared to any of the other FOURTEEN automakers at the end of 2019

- in good company with PSA

THIS IS JUST THE FACTS
JUST THE FACTS, MA’AM

AND YOU TOO, SIR

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More from @jpr007

28 Jan
THE JPR007 LIBRARY IS HERE

The JPR007 Library is 100% open to the public

- there are no paywalls

- there is no obligation to register

- sponsorship is entirely voluntary

- all feedback will be much appreciated

patreon.com/user?u=46763739
This provides a brief introduction of the JPR007 LIBRARY

The main discussion forum for JPR007 remains on Twitter

- this Library is intended to provide support

- and a place to find materials more easily than the natural structure of Twitter can provide

Please use it and enjoy Image
These are the TAGS currently used in the JPR007 LIBRARY to assist with finding related materials Image
Read 4 tweets
28 Jan
WE ARE INDEED SAILING THROUGH STORMY SEAS Image
Dark clouds overhead and rolling seas under the hull . . . Image
This is what lighthouses were invented for

- to guide us safely through dangerous waters Image
Read 5 tweets
28 Jan
TESLA 2020 RESULTS

Here are some of the key slides from our standard reference deck showing Tesla’s 2020 relative to other automakers

As the first report that we have for 2020, Tesla is the only automaker with 2020 numbers in here

- all of the others are for 2019
AUTOMOTIVE REVENUES

2
REVENUE PER VEHICLE

3
Read 21 tweets
26 Jan
Tesla's no-nonsense finance chief tallies profit surge

Tesla is widely expected to report its sixth consecutive quarterly profit Wednesday -- and potentially its first $1-billion quarter
autonews.com/automakers-sup…
That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars

Two years ago the world’s leading electric vehicle maker was going through a rough patch
Elon Musk, Tesla’s CEO, informed employees in a January 2019 open letter that the company had to reduce headcount by -7% and boost Model 3 production rates to survive

Later that month, the CEO told analysts Tesla needed to cut costs and its vehicle prices to avoid bankruptcy
Read 36 tweets
26 Jan
Hyundai Motor said Tuesday it will launch four electric vehicle models this year, after revealing earlier this month it is in talks with Apple and other companies to develop self-driving EVs
asia.nikkei.com/Business/Autom…
South Korea's largest auto manufacturer, which reported robust fourth quarter earnings the same day, said it will add four EV models to its lineup in 2021, including one in China and another in Europe
Hyundai sold 100,000 electric cars last year, up 55% from a year ago, giving it a 5% share of the global market

"In China, we will launch the Mistra EV, and in late March, we will launch the Ioniq 5 in Europe," said Koo Zayong, a vice president at Hyundai, in an earnings call
Read 14 tweets
26 Jan
EUROPE TARGETS 30% OF GLOBAL BATTERY CELL PRODUCTION

Europe will need to produce nearly one-third of the world’s supply of battery cells for electric vehicles by 2030 to maintain competitiveness, German Economy Minister Peter Altmaier said
europe.autonews.com/suppliers/euro…
Analysts say the transition to low- and zero-emissions cars to meet EU targets will require at least 500 gigawatt-hours of cells, the building blocks of batteries, which represent the greatest economic input in an EV
That would represent at least a 10-fold increase in current European capacity

Most automakers now rely on Asia-based companies such as LG Chem, Samsung and CATL for their cells
Read 18 tweets

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