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Old 07-24-2019, 05:16 PM   #1155
Scooby Newbie
Member#: 143938
Join Date: Mar 2007
Chapter/Region: NWIC
Location: Oregon

There it is:

Tesla Second Quarter 2019 Update
Cash and cash equivalents of $5.0B; Operating cash flow less capex of $614M
GAAP operating loss of $167M, GAAP net loss of $408M, including $117M of restructuring and other charges
Auto gross margin at ~19% in spite of reductions in vehicle ASP and lower regulatory credit revenue
On track to launch Gigafactory Shanghai by end of 2019 and Model Y by fall of 2020.
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