### Comment:
&gt;  things continue to improve for Tesla.  
  
 Big nope. Revenues are flat, margins falling.

### REPLY:
Rev:   $6.3b Q2 2019 Vs $3.7B Q2 2018. Automotive margins down about 8.3% for same period. Free cash flow $614m vs -$920m (loss) previous quarter (opex cuts). Largest cash position in company history of ~$5b. Demand continues to outstrip production capability. 
  
 It’s not perfect, but this is obviously a company on its way up.

### END.