Tesla Will Generate Cash in Second Half of Year, Analyst Weiss Says

The transcript discusses Tesla's financial situation, focusing on cash flow, accounts payable, and short-term credit strategies. It highlights Tesla's efforts to maintain liquidity and the potential for generating cash in the second half of the year. The discussion also covers Tesla's automotive gross margins, particularly for the Model 3, and the implications of production costs. Finally, it anticipates the upcoming conference call with Elon Musk, noting expectations for a more mature interaction with analysts.

What financial strategy has Tesla been using to manage its cash flow?

• Increasing long-term debt

• Reducing employee salaries

• Relying on accounts payable

• Issuing new shares

What is Elon Musk's goal for Tesla in the second half of the year?

• To turn profitable

• To reduce production costs

• To launch a new vehicle model

• To expand into new markets

How did Tesla achieve a higher-than-expected automotive gross margin in the second quarter?

• By reducing the cost of goods sold

• By cutting down on marketing expenses

• By outsourcing production

• By increasing the sales price of Model 3

What was the adjusted automotive gross margin for Tesla in the second quarter?

• 30%

• 16%

• 21%

• 25%

What is the estimated incremental cost of goods sold per car for Tesla's Model 3?

• $46,000

• $55,000

• $50,000

• $40,000