Hey, institutional investors! Time to catch up on the real #Tesla story. Thank you @elonmusk for spending time with @TashaARK and me. Truth will win out! https://t.co/XcJAXVe9K7 pic.twitter.com/wCLZC7LGDg— Cathie Wood (@CathieDWood) February 19, 2019
1/ In Q2 2019 Tesla reported an auto gross margin of 17.2% w/o regulatory credits.— Sam Korus (@skorusARK) August 8, 2019
By the end of 2020 Tesla could be making the Model 3 with a gross margin of over 30%.
No magic required, just Wright’s Law.
Wright’s Law also has helped us forecast how quickly the demand for #EVs would scale. Three years ago, the EIA and other forecasting agencies were expecting 200-300,000 EV sales in 2022. Last year, global EV sales were 1.45 million. https://t.co/MsVJ7NVAZq— Cathie Wood (@CathieDWood) August 9, 2019
Not a big believer of the narrative that Lyft and Uber are trying to paint that they are competing on brand. Will be interesting to see what Uber says on the call tonight.— Tasha Keeney (@TashaARK) August 8, 2019