Q2 2017
Postat: 02 aug 2017 22:19
				
				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://files.shareholder.com/downloads/ ... 017-2Q.pdf
			 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://files.shareholder.com/downloads/ ... 017-2Q.pdf