Tesla Motors (TSLA) isn't likely to post a quarterly profit anytime soon, according to John...

Tesla Motors (TSLA) isn't likely to post a quarterly profit anytime soon, according to John Shinal. Despite a tweet from Elon Musk indicating a cash flow positive week earlier this month, the automaker's cash flow and Q3 loss of $111M tells a different story. The real test comes when Q4 numbers are reported, most likely in February.

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Comments (8)
  • Nick Butcher
    , contributor
    Comments (795) | Send Message
    Of course the q3 numbers tell a different story. They're from Q3 (the clue is in the name). Musk's tweet related to mid Q4 conditions. I know many people are in desperate denial regarding Tesla but it's become ridiculous.
    20 Dec 2012, 06:57 AM Reply Like
  • weekendmoe
    , contributor
    Comments (138) | Send Message
    I simply love how people negative to Tesla are getting more and more desperate.


    Anyone who try to analyze Tesla without taking into account what has happened the last few weeks show total incompetence. I would be embarrased if I tried to predict Teslas future based on the Q3 numbers :)
    20 Dec 2012, 02:17 PM Reply Like
  • schererd
    , contributor
    Comments (43) | Send Message
    My build number is between 3280 and 3290 and they are delivering mine before 12/31/2012. I'm wiring final payment today.
    20 Dec 2012, 07:12 AM Reply Like
  • mdjse
    , contributor
    Comments (2) | Send Message
    Shinal's post seems to indicate Tesla had only 86M$ in cash. But didn't they raise more money early October?


    And what's up with this comment, which is not supported by any other facts: "What’s worse, it has a poor habit of failing to deliver to customers the cars it has promised them, while simultaneously raising the prices of those yet-undelivered cars."
    20 Dec 2012, 08:12 AM Reply Like
  • berylrb
    , contributor
    Comments (2374) | Send Message
    It's "sensationalism"
    20 Dec 2012, 12:13 PM Reply Like
  • Ed Lewis
    , contributor
    Comments (69) | Send Message
    mdjse, I was build number 927 and the car was delivered only 6 days later than originally promised.
    20 Dec 2012, 09:16 AM Reply Like
  • 0to60n4point4secs
    , contributor
    Comments (15) | Send Message
    I think a very high number of Model S deliveries will happen towards the end of Q4. Tesla notified me that my car was close to completion and that I needed to make my final payment so delivery could be scheduled. I made the payment 12/18/12 and I now have delivery scheduled to take place before Dec 26th. My Reservation # is less than 3005.


    I also believe the average Model S invoice is closer to $100K which is well above a previously reported average invoice of around $70K. That will increase Tesla's bottom line in a very positive way.


    20 Dec 2012, 09:26 AM Reply Like
  • weekendmoe
    , contributor
    Comments (138) | Send Message
    "The stock is up because Obama will keep giving Tesla loans".


    Well, I firmly believe the stock is up because Tesla is now proving that they can make 400 cars a week, and deliver them as well (unlike Q3 2012 when they were`nt quite there yet).
    20 Dec 2012, 02:29 PM Reply Like
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