Numbers:<p>- Q2 EPS $2.27 vs EST of $1.83<p>- Q2 Rev $16.9B, EST $16.9B<p>- Free Cash flow of $621M but remember, $936M came from their sale of BTC, so business was negative<p>- Q2 auto gross margins was around 28%, which was right around the estimate, so people are accepting the increased prices<p>- total gross margin was about 25%<p>- car deliveries down but was expected, but manufacturing hit an all time high( DELIVERED ABOUT 255,00 VS 310,000 IN Q1)<p>- annual growth was still 50% in vehicle deliveries, so probably not much to worry about<p>- shares down 30ish% off their peak so they've fallen more than the market in general, but this is probably overlookable given the run they've had<p>- converted 75% of BTC to cash<p>- still have some btc impairment, remember you have to mark down btc on your balance sheet but you can't mark it up<p>- 1,000 cars a week made in Berlin for atleast a couple of weeks<p>- deployed 106MW of solar, very good, second in the US, i was wrong in this, this is a legit business<p>Thoughts:<p>- trade sanctions could delay further solar growth<p>- new 4680 cells aren't ready so they are making due with their older 2170 cells in their cars due to Texas factory being behind<p>- something to watch for is a succession plan as Elon is increasing seeming bored with Tesla<p>- Company is warning that the Austin and Berlin factories will continue to be "gigantic money furnaces", Elon's words, not mine, though it is great to see they are diversified by region and country now<p>- stock popped initially but is now mostly flat after hours, so institutional money didn't get surprised, we'll have to wait till tomorrow to see what retail things.<p>- with almost no move on stock price looks like the options had it priced right by predicting an implied move of less than 4%<p>- watch for them to announce they are partnering with someone to manufacture chips<p>- listen for news on the vaporware Truck, probably waiting on Austin to get its act together wrt battery production first.<p>- listen for talk of twitter, specifically if they talk about how many shares of Telsa Musk has locked up<p>- listen for them talking about liability for self driving and ongoing lawsuits, note about that they recognize half the self driving revenue up front and defer the second half until they deliver on milestone<p>- 2 numbers that impress me:<p>Cash and cash $18.9B<p>Customer deposits $1.1B