Episode 205: Tesla Crushes Q2 Expectations
Ride the Lightning: Tesla and EV Podcast
Ryan McCaffrey
4.7 • 1K Ratings
🗓️ 7 July 2019
⏱️ 65 minutes
🧾️ Download transcript
Summary
Tesla not only meets but exceeds their delivery estimates for Q2. Plus: Tesla aces an important test in Europe, updates on Tesla's legal battles in North Carolina and Wisconsin, and more!
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Transcript
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| 0:00.0 | On this week's episode a ride the lightning the Tesla unofficial podcast Tesla not only meets but exceeds their delivery estimates for Q2 |
| 0:07.8 | Plus Tesla aces an important test in Europe updates on Tesla's legal battles in North Carolina and Wisconsin |
| 0:15.7 | and more. Oh, Howdy friends? Welcome to the 2005 edition of Ride the Lightning the weekly Tesla |
| 0:42.4 | unofficial podcast this one for July 7th, |
| 0:45.6 | 2019, I'm Ryan McCaffrey and I want to wish a happy 4th of July weekend to my |
| 0:51.0 | United States listeners. It's been a nice sunny one here in |
| 0:55.1 | San Francisco, although 4th of July night itself was foggy and windy and |
| 1:00.5 | cold, which is nothing new, but it's still a beautiful day which is |
| 1:04.6 | which is great to have very grateful for it and I have to say I thought because of |
| 1:09.7 | the 4th of July holiday falling on Thursday this year. A lot of places just |
| 1:14.8 | closing up shop Friday making for a very very short business week. I thought |
| 1:19.3 | there might not be a lot to talk about in the world of Tesla this week but no such |
| 1:27.2 | no such worry it was all worry for not because as I've learned in almost four years of doing this podcast now, |
| 1:35.0 | there is almost never a dull week in the world of Tesla. |
| 1:40.0 | And sure enough, there was plenty to talk about this week most of it good let's start |
| 1:44.8 | with the most fantastic news of all which is Tesla's Q2 production and delivery |
| 1:50.9 | numbers you know if you go way back, remember Elon had said in the wake of the |
| 1:57.6 | price cuts and the $35,000 model 3, you know, that whole sort of turbulent time around late February up into March. |
| 2:06.8 | He had said, hey, Q2, you know, we're going to be in the red, we're going to be, we're not going |
| 2:11.9 | to be profitable in Q1, we probably won't be in Q2 but we should get back to |
| 2:15.9 | profitability in Q3 and Q4. Well, it's too early yet to know about profitability, but Tesla's got a really, really good chance at it because their |
| 2:25.1 | Q2 numbers are tremendous. In fact, they blew away expectations. |
... |
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