Baum & Associates's Alan Baum on Tesla's 3Q Earnings

The transcript discusses Tesla's delivery targets, focusing on their aim to meet the lower end of their delivery goals. It highlights the shift in sales towards the end of each quarter and the impact of Model 3's increased volume on revenue and profit. The conversation also touches on Tesla's financial concerns, including expected losses and future prospects as they expand into new markets like China, which could eventually lead to positive financial results.

What is Tesla's delivery target range for the year?

• 300,000 to 350,000 units

• 360,000 to 400,000 units

• 450,000 to 500,000 units

• 400,000 to 450,000 units

How does Tesla typically manage its sales throughout the year?

• They push sales towards the end of each quarter.

• They focus on sales at the beginning of each quarter.

• They have no specific sales strategy.

• They spread sales evenly across all quarters.

What is a significant concern as Model 3 volumes increase?

• Decrease in production costs

• Increase in Model S and X sales

• Revenue and profit margin issues

• Improved customer satisfaction

What financial outcome is expected for Tesla this year?

• A break-even result

• A significant profit

• A minor profit

• A loss for both the quarter and the year

What market expansion is expected to help Tesla's future profitability?

• Expansion into Europe

• Expansion into China

• Expansion into Australia

• Expansion into South America