Will Tesla Report A Profit In Q2 2020? ????????

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My expectations for Tesla's financials in Q2, are $5.9B in revenue and $121M in GAAP operating income. If deliveries continue ramping, Tesla has a good shot of hitting its (pre-COVID) 2020 delivery guidance of 500,000+ units. Additionally, with deliveries beating production by about 8K units in the quarter, cash flow will likely be positive (around $1B). On the conference call I'll be looking for updates on Gigafactory Shanghai, the Tesla Semi and 2H 2020 deliveries. Overall, this was a SUPER impressive quarter. Tesla was able to grow deliveries by 2% despite the pandemic, and has a shot at another profitable quarter. Let me know what you think below!!

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LINK - My estimates for Tesla's financials/deliveries on HyperCharts: https://hypercharts.co/tsla?forecast=Wz6ozAIjjuASFafvejvh
LINK - My google doc estimating financials from deliveries: https://docs.google.com/spreadsheets/d/1cFbuL0oqC_WuvSWf7mXUemGFDujqxCxjrE-ZUiP-1qU/edit?usp=sharing
LINK - Tesla Earnings PR: https://ir.tesla.com/news-releases/news-release-details/tesla-announces-date-second-quarter-2020-financial-results-and

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Disclaimer: This video is purely my opinion and should not be regarded as factual information. I am not a financial advisor. This is not a recommendation to buy or sell securities. Do not assume any facts and numbers in this video are accurate. Always do your own due diligence. As of 07/20/2020 HyperChange host (Galileo Russell) is invested in shares of Tesla (TSLA), Spotify (SPOT), Arcimoto (FUV), Snap (SNAP) and long Maker & Bitcoin.
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