Tesla Q2 Rapport

[Stefan]

Model 3 production on track to achieve previously announced targets
Expecting positive Model 3 gross margin in Q4; targeting 25% margin in 2018
Deliveries grew 53% compared to Q2’16 in flat luxury vehicle market
Projecting Model S and Model X deliveries to increase in 2H’17 vs 1H’17
Q2 Automotive gross margin at 27.9% GAAP and 25.0% non-GAAP
Q2 GAAP loss from operations improved sequentially, two quarters in a row
More than $3 billion cash on-hand at the end of Q2

http://ir.tesla.com/common/download/dow ... 017-2Q.pdf

[Stefan]

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