Tesla reported first-quarter profits despite the coronavirus and shutdowns of factories. $283M GAAP operating income; 4.7% operating margin in Q1 $16M GAAP net income; $227M non-GAAP net income (ex-SBC) in Q1 Gross margin at Giga Shanghai approaching level of US-made Model 3 Model Y gross margin positive in Q1 Tesla missed qualifying for the SP500 because they did not overcome the 2019 Q2 loss with profits in 2019Q3, 2019Q4 and 2020Q1. However, they will qualify after 2020Q2 if they do not have a GAAP loss greater than $264 million. NOTE: Brian Wang owns shares of Tesla Automotive gross margin of
Screenshot: Warner Bros. Bad news for Max subscribers who’ve made re-watching The Lord of the Rings extended editions an annual New Year tradition: the third film in the trilogy, The Return of the King — which just celebrated its 20th anniversary! —is only available to stream in its theatrical version. No ancient evil is to blame, thankfully; it’s an unspecified “tech issue,” according to a Max spokesperson who responded to a comment request from Vulture after the issue was noted by dismayed fans on Reddit . The fact that The Return of the King extended edition is merely temporarily unavailable is actually good news given Max’s track record for removing content in the past, and the explanation makes sense considering The Fellowship of the Ring and The Two Towers remain available in both their theatrical and extended editions. The Max spokesperson assured Vulture that The Return of the King extended edition will be, ah, returning soon to the service, though as of this writing i
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