This is tom nash and two minutes about the tesla q2 deliveries. There's a a lot of going around about these numbers. I want to clarify everything right now. I'm not an expert on engineering.
Nor. I'm an expert on tesla. There are a lot of great videos that have been made by rob maurer. Dave lee.
Stephen markran and a lot of good other creators who broke down the numbers phenomenally. I'm just here to give you a two minute clarification of how insane what just happened now look tesla reported. 250 000. Vehicles delivered in q2 just to explain despite what you're going to hear in the mainstream media.
Despite the fad. These are phenomenal numbers. This is not a miss no no no this is not a decline. These are phenomenal numbers go back and sit with me again phenomenal numbers now look tesla delivered 310 000 vehicles in q1 so in first glance that might seem to the untrained eye that it declined.
60 000. Vehicles in a quarter. Just to clarify as far as production goes tesla absolutely killed. It this was the most productive quarter in the history of tesla.
They absolutely killed it they are starting a brand new factory in berlin. Which is not even in full capacity. Yet. The chinese factory was out of commission somehow they opened it up way before everybody else while china was still in lockdown.
A chip shortage. A global supply chain cluster factory inflation a massive war in europe and still these mother lovers somehow pushed out 250 000 vehicles in the most insane quarter. We've ever seen since this whole of a couple of years started now look. I'm not an expert on tesla.
I don't know where the stock is headed. I made a video a few years ago. I said this is going to go to 1500 the stock was i think 400. I made a video a few days ago saying this is a 650.
I'm doubling down for me that don't matter short term price wings of tesla are irrelevant. All i'm looking at is execution. If elon musk can come out out of this in same quarter. The twitter deal the war in ukraine.
The supply chain issues inflation china berlin oh. My goodness and they pushed out 250 000. Cars you better know what's coming when tesla goes into full production mode. Oh.
My goodness. It's gg and rap. All these. Other mother lovers out.
There. Now again you may hey in tesla. You may disagree. With me.
That's fine go. Buy gm stock. Invest in mary. Barra.
The lady who invented nicola and basically did nothing. But kiss biden's ass. So he says that she led in whatever. It is that she led in it's definitely not electric vehicles go buy some ford stock no problem all i'm saying is i'm here for the long term for tesla.
This quarter proves to me that these guys don't play around you want to keep hating them hitting them. But i don't think a stupid bet is a smart bet to take in fact. I think a stupid bet is a stupid bit to take in fact i think that people who play stupid games like betting ads elon musk and tesla win stupid prizes so go right ahead hit below comment how i don't know what i'm talking about keep investing in gm and ford short tesla go to town my guy. I don't care. 250 000. Deliveries in this climate. You better know what's coming.
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The big question is, how will the market interpret the numbers? I want to leverage the reaction to increase the number of shares I own…
Phenomenal Numbers!!!!
With a recession around the corner, go to yourself, is a brand new car on top of your shopping list?
I will wait patietly for a drop in the stock price 😀
All true, Tom.
If we go into recession demand will drop. Tesla cars aren't cheap.
I can't wait to see how the market reacts to this tomorrow on Tuesday.
Oh did it now? LMAO. They are nowhere near their growth target expectation. Not that it matters much. The wait queue seems to get shorter and shorter every month for the Model 3 and Model Y. Demand for EV's in general will crater later this year and early next when fuel prices plummet, as it always does headed into the recovery phase. This is well on its way to being a massively disappointing year for Tesla, and Wall Street has mostly not priced that in yet.
Tesla always faces stiff resistance. But that’s what makes them stronger.
I Love Your Channel
But they made more cars than what they could sell, and Elon laying off employees. You think this is good?
Tesla = stock/company of the decade. Check back circa 2030
Q2 was not the most productive quarter. June was the most productive month in their history, however.
Tesla did awesome on this hard time!
Crushed it!
Agree 100% Tom
All in baby.
Dave Lee and many other fan boys said they would sell 2 million in 2022 they are behind and we have not seen the cost of making the cars in Q2. Best to stay away from car stocks as Buffet said.
Just wondering. Giga factories are cash burners. Cost billions to build one, multi millions annually to maintain one. Currently tsla sells every car produced. If all the giga are up to max production capacity, can tsla sell all the cars? Heard Hyundai n kia are quietly eating into tsla market shares in US market. VW is touted to be the main competitor overtaking Hyundai n kia eventually?
they missed tom they missed – RIP tesla – all the other cars offer the same/similar value propositions now the early mover advantage Tesla had is being quickly eroded.
Barra, aka Ms. Leader!
You know exactly what you’re talking about! Love your videos Tom, thank you!
EV sales are booming even faster with the high oil / fuel prices. Tesla & other EV makers have insane demand for their vehicles with long wait lists. ICE vehicle sales continue to decline.
Let panicking idiots sell for the benefit of the rest of us. Anyone selling on this news is clearly not suited for stock picking anyway.
Your awesome bro. Thanks Tom