New posts

Reply to thread

Message

At the top of this post you claim a figure of 12.4%.

So I went to the link x2 that you kindly provided, unfortunately, this is what came back:

[ATTACH=full]136362[/ATTACH][ATTACH=full]136363[/ATTACH][ATTACH=full]136364[/ATTACH]

So clearly your number cannot be verified from this source.

To save time I went directly to the horse's mouth:

[URL unfurl="true"]https://www.sec.gov/Archives/edgar/data/1318605/000095017021002253/tsla-20210930.htm#consolidated_statmnts_of_cmprehnsve_loss[/URL]

[URL unfurl="true"]https://www.sec.gov/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm#ITEM_8_FINANCIAL_STATEMEMTS_SUPPLEMENTAR[/URL]

TSLA has not put out its 2021 10K statement yet, so you have to combine the 10Q's. Therefore my original figures of 5% represent the 2020 numbers.

Anyway what your website 'seems' to have done to get to the 12% is average 2020 with 2021, which is fair. That brings us to the 12%. It looks from the numbers that 2021 will come in at 18%, unless that is an after inflation adjusted number. Then it is 11%

That is a big jump. Almost suspiciously so. Anyway, I digress.

Using either number, is that the number that indicates something special in terms of productivity?

The answer is no. Even using the 18%, that only just barely clears the minimum requirement of 15% before inflation is deducted. A real ROCE is 11%. So TSLA can beat inflation currently, but not much more.

TSLA moves from woeful to below average.

I have provided a scan of 41 of 150 companies that have a ROCE of 50%+

[ATTACH=full]136365[/ATTACH][ATTACH=full]136366[/ATTACH][ATTACH=full]136367[/ATTACH]

All of these would need to be looked at properly before you could conclusively say that they were great companies. However, the point is that these (on paper) demonstrate that TSLA is very, very average, which isn't really surprising given the industry. Car manufacturing is a notoriously poor industry to operate in.

Just picking 1 at random from page 1

[ATTACH=full]136368[/ATTACH]

Has a ROCE of 187%. It is an industrial (same as the car-makers) but in the aero-space segment. You now have a list of 150 companies and industries that can potentially ameliorate through productivity, the ravages of a high (increasing?) inflation rate.

Therefore, TSLA when discussing 'productivity' moves from woeful to piffling.

jog on
duc

<blockquote data-quote="ducati916" data-source="post: 1157004" data-attributes="member: 2975">At the top of this post you claim a figure of 12.4%.So I went to the link x2 that you kindly provided, unfortunately, this is what came back:[ATTACH=full]136362[/ATTACH][ATTACH=full]136363[/ATTACH][ATTACH=full]136364[/ATTACH]So clearly your number cannot be verified from this source.To save time I went directly to the horse&#039;s mouth:[URL unfurl=&quot;true&quot;]https://www.sec.gov/Archives/edgar/data/1318605/000095017021002253/tsla-20210930.htm#consolidated_statmnts_of_cmprehnsve_loss[/URL][URL unfurl=&quot;true&quot;]https://www.sec.gov/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm#ITEM_8_FINANCIAL_STATEMEMTS_SUPPLEMENTAR[/URL]TSLA has not put out its 2021 10K statement yet, so you have to combine the 10Q&#039;s. Therefore my original figures of 5% represent the 2020 numbers.Anyway what your website &#039;seems&#039; to have done to get to the 12% is average 2020 with 2021, which is fair. That brings us to the 12%. It looks from the numbers that 2021 will come in at 18%, unless that is an after inflation adjusted number. Then it is 11%That is a big jump. Almost suspiciously so. Anyway, I digress.Using either number, is that the number that indicates something special in terms of productivity?The answer is no. Even using the 18%, that only just barely clears the minimum requirement of 15% before inflation is deducted. A real ROCE is 11%. So TSLA can beat inflation currently, but not much more.TSLA moves from woeful to below average.I have provided a scan of 41 of 150 companies that have a ROCE of 50%+[ATTACH=full]136365[/ATTACH][ATTACH=full]136366[/ATTACH][ATTACH=full]136367[/ATTACH]All of these would need to be looked at properly before you could conclusively say that they were great companies. However, the point is that these (on paper) demonstrate that TSLA is very, very average, which isn&#039;t really surprising given the industry. Car manufacturing is a notoriously poor industry to operate in.Just picking 1 at random from page 1[ATTACH=full]136368[/ATTACH]Has a ROCE of 187%. It is an industrial (same as the car-makers) but in the aero-space segment. You now have a list of 150 companies and industries that can potentially ameliorate through productivity, the ravages of a high (increasing?) inflation rate.Therefore, TSLA when discussing &#039;productivity&#039; moves from woeful to piffling.jog onduc</blockquote>

[QUOTE="ducati916, post: 1157004, member: 2975"] At the top of this post you claim a figure of 12.4%. So I went to the link x2 that you kindly provided, unfortunately, this is what came back: [ATTACH type="full"]136362[/ATTACH][ATTACH type="full"]136363[/ATTACH][ATTACH type="full"]136364[/ATTACH] So clearly your number cannot be verified from this source. To save time I went directly to the horse's mouth: [URL unfurl="true"]https://www.sec.gov/Archives/edgar/data/1318605/000095017021002253/tsla-20210930.htm#consolidated_statmnts_of_cmprehnsve_loss[/URL] [URL unfurl="true"]https://www.sec.gov/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm#ITEM_8_FINANCIAL_STATEMEMTS_SUPPLEMENTAR[/URL] TSLA has not put out its 2021 10K statement yet, so you have to combine the 10Q's. Therefore my original figures of 5% represent the 2020 numbers. Anyway what your website 'seems' to have done to get to the 12% is average 2020 with 2021, which is fair. That brings us to the 12%. It looks from the numbers that 2021 will come in at 18%, unless that is an after inflation adjusted number. Then it is 11% That is a big jump. Almost suspiciously so. Anyway, I digress. Using either number, is that the number that indicates something special in terms of productivity? The answer is no. Even using the 18%, that only just barely clears the minimum requirement of 15% before inflation is deducted. A real ROCE is 11%. So TSLA can beat inflation currently, but not much more. TSLA moves from woeful to below average. I have provided a scan of 41 of 150 companies that have a ROCE of 50%+ [ATTACH type="full"]136365[/ATTACH][ATTACH type="full"]136366[/ATTACH][ATTACH type="full"]136367[/ATTACH] All of these would need to be looked at properly before you could conclusively say that they were great companies. However, the point is that these (on paper) demonstrate that TSLA is very, very average, which isn't really surprising given the industry. Car manufacturing is a notoriously poor industry to operate in. Just picking 1 at random from page 1 [ATTACH type="full"]136368[/ATTACH] Has a ROCE of 187%. It is an industrial (same as the car-makers) but in the aero-space segment. You now have a list of 150 companies and industries that can potentially ameliorate through productivity, the ravages of a high (increasing?) inflation rate. Therefore, TSLA when discussing 'productivity' moves from woeful to piffling. jog on duc [/QUOTE]

Verification