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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: Maurice Winn who wrote (141174)5/3/2018 10:14:24 PM
From: TobagoJack  Read Replies (3) of 217786
 
are you still short tesla?

Deepak Ahuja - Tesla, Inc.

So, we're just being much more smarter in many cases. As Elon said, we are not just spending money on automation. We're, of course, looking at the problem, simplifying it, and that's helped us reduce our CapEx on Model 3.

And then, we're also being critical about how we grow our infrastructure and line it up with our growth in our business. So, we feel that these are the right decisions, and there is still room for us to reduce it further, if we wish to. So, we are leaving ourselves some discretion here to go spend money where needed.

Antonio M. Sacconaghi - Sanford C. Bernstein & Co. LLC

And so where specifically will you be in terms of capital requirements?

Elon Reeve Musk - Tesla, Inc.

Excuse me. Next. Boring bonehead questions are not cool. Next?

Operator

Thank you. Our next question comes from Joseph Spak with RBC Capital Markets.

Joseph Spak - RBC Capital Markets LLC

Thank you. The first question is related to the Model 3 reservations, and I was just wondering if you gave us a gauge as maybe some of the impact that the news has had. Like, of the reservations that actually opened and made available to configure, can you let us know, like, what percentage have actually taken the step to configure?

Elon Reeve Musk - Tesla, Inc.

We're going to go to YouTube. Sorry. These questions are so dry. They're killing me.

seekingalpha.com
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