Tech

After a crazy busy day I finally had some time tonight to sit down & digest everything that was mentioned during today’s 2020 Q3 Tesla Earnings Call. I have summarized my rough notes into several categories and shared them below for your reference. Financials Best quarter in company history Record production & deliveries Record revenue Record net income (GAAP & non-GAAP) 5th sequential quarter of profitability Nearly double-digit operating margins Automotive gross margins including regulatory credits increased from 18.7% to 23.7% Some programs achieving greater than 25% gross margins Factory shutdowns did indeed have a negative effect on gross margins Small revenue of FSD released & recognized $10M Record cash balance which grew to $14.5B Record free cash flow of $1.4B Operating free cash flow of $2.4B Regulatory credits more than expected, tracking 2x as much as they were receiving this time last year Tesla’s success not possible without all of the hard-working employees and suppliers 70% of cars are produced locally, up from <50% last year Seeing financial benefits from improved vehicle reliability across the fleet Services and other margin improved thanks to more efficient used vehicle business along with streamlined service business Tesla treats each new product line as a startup internally Tesla is essentially made up of 12 individual startups Tesla is not dependent on typical enterprise software solutions as they write their own thanks to their internal applications team (Vertical integration across all aspects of the business) Tesla is trying to spend as much money as possible without wasting it to ensure continued growth Still aiming to aiming to achieve FY2020 guidance of 500,0090 vehicle deliveries As of now Tesla is aiming to produce somewhere between 800K - 1M vehicles in CY2020 however exact guidance will be provided at the next earnings call Battery Update ...

Intro Multi-Factor Authentication (MFA) is a common security requirement when accessing sensitive applications or websites such as your personal banking portal. Since Tesla vehicles can be controlled via the Tesla Mobile App over the internet (thanks to the Tesla API), their website and APIs should also be considered sensitive. As a result, Tesla has finally delivered and rolled out MFA to owners earlier today, October 6th, 2020. The purpose of this blog post is to walk you through the process for setting up MFA on Tesla.com and also provide some recommendations based on personal experience. If you have any questions or comments feel free to reply at the bottom or shoot me a tweet @dburkland. Last but not least, I wanted to give kudos to @mfrunker and @tesla_raj for staying on Tesla about adding this much needed security functionality! ...

Yesterday was quite an eventful day for Tesla fans and I have since taken the opportunity to record some notes in order to better understand everything that was discussed. As the day was broken up into two separate events this particular blog post will focus on the 2nd event known as Battery Day. Please continue reading below for a copy of my notes in blog format or if you prefer you can download a PDF version of the notes here. All of these notes were recorded based on the content discussed in the original video stream which can be found here. ...

Yesterday was quite an eventful day for Tesla fans and I have since taken the opportunity to record some notes in order to better understand everything that was discussed. The day started with the 2020 Annual Shareholder meeting which is what this particular blog post will focus on. Please continue reading below for a copy of my notes in blog format or if you prefer you can download a PDF version of the notes here. All of these notes were recorded based on the content discussed in the original video stream which can be found here. ...

2020-02-17: Updated to include the (2) recommended passthrough OBDII adapter cables for the Model S Intro Thanks to Bjørn Nyland’s YouTube videos (like this one) Scan My Tesla has quickly become one of the most popular diagnostic tools used by Tesla owners. As a track enthusiast who has taken his Model 3 Performance to the race track several times, I have been keeping a close eye on this space for quite some time. Since Tesla does not yet show any detailed metrics in the Model 3 even when “Track Mode” is enabled I sought to fill this void with Scan My Tesla. After a bit of research I settled on a Bill of Materials (BOM) that have allowed me to see what is going on behind the scenes in my Model 3. ...

I am on longer an active user of TeslaFi and instead suggest that you strongly consider Tesalscope.com for your Tesla data logging needs. Feel free to check out this blog post for more details on how to get started with Teslascope!