Source: Seeking Alpha
Tesla Motors (NASDAQ:TSLA)
Q2 2014 Earnings Conference Call
July 31, 2014 5:30 p.m. ET
Jeff Evanson – VP, IR
Elon Musk – Chairman and CEO
JB Straubel – Chief Technology Officer
Deepak Ahuja – CFO
Adam Jonas – Morgan Stanley
Andrea James – Doherty & Co.
Ryan Brinkman – JPMorgan
Colin Langan – UBS
Brian Johnson – Barclays
Rod Lache – Deutsche Bank
Patrick Archambault – Goldman Sachs
John Lavallo – Merrill Lynch
Ben Kallo – Robert W. Baird
Colin Rush – Northland Capital Markets
Good day, ladies and gentlemen, and welcome to the Tesla Motors Second Quarter 2014 Financial Results.[Operator Instructions].
Now I would like to turn the call over to your host, Jeff Evanson. Please go ahead.
Jeff Evanson – VP, IR
Thanks, Patrick [ph], and good afternoon everybody. Welcome to Tesla’s first — second quarter financial results Q&A webcast. I’m joined today by Elon Musk, Tesla Chairman and CEO; JB Straubel, Tesla Chief Technology Officer; and Deepak Ahuja, Tesla’s Chief Financial Officer.
We announced second quarter results today in our quarterly shareholder letter. The letter is available at this time as a link to our website at ir.teslamotors.com. There’ll also be a replay of this webcast available later today at the same length.
Please note that certain financial measures used in this call, such as revenue and income, are expressed on a non-GAAP basis and have been adjusted to exclude the effects of lease accounting used on Model S sales with a residual value guarantee, and charges related to stock-based compensation. Our GAAP results and reconciliations to non-GAAP measures can be found in the shareholder letter.
During this call we may discuss our business outlook and make other forward-looking statements. Such statements are predictions based on management’s expectations as of today. Actual events or results could differ materially due to the number of risks and uncertainties, including those mentioned in our most recent filings with the SEC.
If you would like to ask a question, please press star 1 at this time, and Patrick [ph], why don’t we turn it on over to the first question please?