Tesla’s Q2 Announcements: Explained! | Setting Up for Massive Growth | My #1 Takeaway!

Release Date:

In this brief earnings recap video, I will talk over my single biggest takeaway from hearing the executives talk, explain the stock’s reaction, and tell you why I think Tesla’s future is brighter than ever!  
Tesla says they had a $535M increase in their cash and cash equivalents in Q2 were raised to $8.6B. Free cash flow was $418M in Q2 with $327M GAAP operating income, a 5.4% operating margin in Q2, $104M GAAP net income, and $451M non-GAAP net income. That marks four quarters of sequential profitability for the company. Tesla revenue hit $6.04 billion during the second quarter of 2020, with about 7% of that, or $428 million, coming from sales of regulatory credits allowing profitability, and, now, S&P500 inclusion.    
How does Tesla use regulatory credits to log revenue and offset operating costs? It’s a great question and now is a great time for me to clear up any confusion.  
SPECIAL THANKS (Special Patreon Supporters): 
‣ Bob Wills 
‣ Ronil Patel
‣ Daniel Haukaas  
HELP GROW THE CHANNEL: 
- Support on Patreon (& get exclusive rewards like early access!): https://bit.ly/2UE89xi 
- Buy Tesla accessories: https://amzn.to/2vQwAhK 
- Buy Tesla clothing: https://amzn.to/2vQwAhK 
- Use TubeBuddy for YouTube: https://www.tubebuddy.com/TeslaOpp 
- Watch more content: https://bit.ly/3e5mfiM 
- Write a comment and share this video! 
- Subscribe: https://bit.ly/3d0SfTY

---

Send in a voice message: https://podcasters.spotify.com/pod/show/theinvestingopportunity/message
Support this podcast: https://podcasters.spotify.com/pod/show/theinvestingopportunity/support

Tesla’s Q2 Announcements: Explained! | Setting Up for Massive Growth | My #1 Takeaway!

Title
Tesla’s Q2 Announcements: Explained! | Setting Up for Massive Growth | My #1 Takeaway!
Copyright
Release Date

flashback