The batteries for home, commercial, and industrial will be supply constrained for at least 2 years before meaningful deployment. This is almost like sugar-coating the break even point for Tesla in 2020
Its very suspicious why they would hold it so late, after dinner time on the West coast.
Is this to limit buying and selling in afterhours.
Alot of resistence at $62.50. It would take a blow out quarter and great guidance to push past that next Tuesday. If not it probably will trend down for a few weeks with the rest of the market.
Wall mounted, rechargeable lithium ion battery with liquid thermal control.
10 kWh $3,500
For backup applications
7 kWh $3,000
For daily cycle applications
Ten year warranty with an optional ten year extension.
92% round-trip DC efficiency
2.0 kW continuous, 3.3 kW peak
350 – 450 volts
5 amp nominal, 8.5 amp peak output
Single phase and three phase utility grid compatible.
-4°F to 110°F / -20°C to 43°C
Rated for indoor and outdoor installation.
Requires installation by a trained electrician. AC-DC inverter not included.
220 lbs / 100 kg
52.1" x 33.9" x 7.1"
130 cm x 86 cm x 18 cm
I have seen conflicting reports supposedly the inverter is not included. There are two types: battery inverter which is cheap and grid tie inverter which is 3-4x more expensive.
But their assets are increasing also, more than offsetting the increasing liabilities, so the NET is increased positive. This can be seen on the balance sheet.
A good metric would be to times equity by 7x, like APPL and FB.
With this SCTY is similar asset value 5-6Billion, but TSLA on the other hand is way over valued.
Baird thinks they will beat. But they lower price target top $65.
All these analysts are scammers.
Deutch bank reiterates $90
So it is a wash Q1 beat makes up forl ower Q2, They are still on track for full year. I expect it to trade sideways for awhile then slowly inch up from the current trading range of $48-65 during summer. Oil prices are inching up, battery potential, extended federal credits potential.
Lots of options activity today. Alot of open interest with calls at $50 and puts at $47. Will be interesting what end of Friday price settles at.
I disagree, if you bought today at $34.65 instead of held from yesterdays $37 you would be ahead of the game as the cost basis is cheaper and future profit is higher