TSLA

Tesla's (TSLA) Q1 earnings and revenue exceeded analyst expectations. Its vehicle production numbers, reported earlier in the month, missed estimates.

The number of vehicles produced by Tesla rose 69.4% YOY.6 Tesla's primary business is making electric vehicles, and it needs to continue expanding production in order to grow revenue and profits. Investopedia does not include all offers available in the marketplace. That helped to drive its profitability during the quarter.2 These choices will be signaled globally to our partners and will not affect browsing data. Those challenges, which include the global semiconductor shortage, continue to persist. The offers that appear in this table are from partnerships from which Investopedia receives compensation. To change or withdraw your consent choices for Investopedia.com, including your right to object where legitimate interest is used, click below. Adjusted earnings per share (EPS) beat estimates, rising 246.2% compared to the year-ago quarter. The company's shares rose more than 4% in extended trading. Matthew Johnston has more than 5 years writing content for Investopedia. He is an expert on company news, market news, political news, trading news, investing, and the economy. However, the company has faced numerous challenges due to global supply chain disruptions. Tesla, Inc. (TSLA) reported Q1 FY 2022 earnings results that surpassed analysts' expectations.

Since the release of its Q1 2022 delivery results, several Wall Street analysts have been updating their price target on Tesla to adjust to the new record ...

Using the existing assumptions in our model and extending them to 2027 results in a materially higher price target and compounded annual rate of return. Conventional Wall Street analysis consistently undervalues Tesla’s multiple business lines, its massive scale, its expanding margin profile, its leading revolution in complex manufacturing, its approach to real-world AI, its vertical integration, its software stack, and much more. This lead is expanding.

As noted by CEO Elon Musk in previous statements, Tesla is now focused on an expansion of its production capacity. The past two months are a testament to this ...

16:45 CDT – The second question is about Giga Shanghai’s shutdown and the localization of the supply chain in Berlin. Musk noted that Shangai did lose lots of days. Musk also noted that it takes about 12 month to go from the start of production to 5,000 vehicles per week. The ironic part is that Tesla is still rated at Ba1 or below investment grade by Moody’s Investor Service and S&P Global Ratings. Is a facepalm in order? Musk noted that it may seem unfair that Tesla is increasing its prices despite having record profits, but the demand is there. In response to a follow-up from the analyst, Musk noted that Tesla is hoping that it does not need to raise prices anymore. The CEO also noted that there are special teams to help ramp production in Berlin and Texas. Musk added that with the structural pack, the body shop gets a lot simpler. Musk noted that the advantages are small but the costs are high. 17:10 CDT – Analyst Dan Levy CSFB notes that one of the Model 3’s goals is to make an attainable car. “We hope we don’t need to increase the price further,” Musk said, though he noted that Tesla does not control the prices of raw materials. Musk noted that the amount may be a lot now, but it’s difficult to predict inflation. The CEO stated that Tesla would like to do something useful with the funds. As for Tesla insurance, it is now the second-largest insurer of Teslas in Texas. The program is progressing well, however.

Tesla (TSLA) will report earnings soon, and the company's financial results should skyrocket. See why I think TSLA stock could break out to new all-time ...

Let's take a closer look at the Tesla earnings report and what it means for investors. Takeaway No. 1: TSLA Stock Can Rally on Revenue Growth.

On the date of publication, Samuel O’Brient did not have (either directly or indirectly) any positions in the securities mentioned in this article. Given the constraints Tesla has faced over the past quarter, these numbers are encouraging. However, he confirmed on social media earlier on Wednesday that he would speak in the after-hours discussion. With factories in Shanghai temporarily closed, some experts speculated that Tesla’s production would suffer. The numbers are not perfect, but they speak favorably about what matters most. TSLA stock is reacting well, up 4.7% in after-hours trading.

Tesla (TSLA) has released its financial results and shareholders letter for the first quarter of 2022 after market close today.

That’s despite supply chain issues and increasing costs, but Tesla has been known to quickly pass those customers with price increases and it is being reflected in its margins. Refresh for the latest information. Tesla released the results today and beat Wall Street expectations on both revenue and earnings with $18,756 billion in revenue and $3.22 per share (non-GAAP) during the first quarter of 2022.

The EV maker revealed it delivered an all-time record number of vehicles, but setbacks loom at its Shanghai factory.

Last month, Musk tweeted about his “Master Plan Part 3,” supposedly the next installment in a grand life scheme that encompasses all of his various projects. It’s the latest of Musk’s claims to eventually achieve fully self-driving cars, although he has thus far failed to do so. Austin’s factory will build the long-awaited Cybertruck pick-up and Semi trucks, the former of which was first unveiled in 2019 and has been delayed several times to 2023, much to fans’ dismay. The idling came at the end of the first quarter, and is likely to make a bigger dent in the company’s second-quarter results, as the Shanghai factory is its largest by output and could see a reduction of about 90,000 vehicles over these weeks, according to Credit Suisse estimates. Worse, however, is a report from Bloomberg this week that described Tesla’s return-to-work rules for Shanghai staff operating in China’s closed-loop system, which requires employees to sleep on the factory floor with company-provided sleeping bags, shower in still-unfinished on-site facilities; and work 12 hours a day, 6 days a week, until at least May 1. Those sales comprise the vast majority of Tesla’s revenue, which analysts are predicting to be $17.7 billion—up over 70% from last year.

Tesla's first-quarter profit was far higher than expected. Above, CEO Elon Musk speaks at the opening party for Tesla's new factory in Texas. ... Tesla 's first- ...

The company essentially beat inflation by substituting materials and relentlessly focusing on manufacturing. - Order Reprints Tesla’s Earnings Crushed Expectations Despite Inflation. The Stock Is Up.

Zinger Brief · Tesla reported a top and bottom line earnings beat Wednesday afternoon. · The EV maker also highlighted a big win from the Super Bowl.

The move looks to have paid off and companies that targeted Tesla may have had a backward effect and helped their rival instead. These companies focus on Elon Musk,” Cleantechnica said at the time. Tesla reported record vehicle deliveries of 310,048 vehicles in the first quarter, up 68% year-over-year. “This is the difference between Elon Musk and the other companies that feel threatened by him. Benzinga reported earlier this year that Tesla saw a spike in search traffic on Google during the Super Bowl. That spike in search traffic looks like it led to some people reserving their own Tesla vehicle. Tesla did not buy a single Super Bowl commercial and saw rivals in the automotive sector not only spend money on ads but also dedicate portions of their commercials to attacking the EV leader.

BMW had an ad about the X1. GM promoted its Ultium electric platform, which powers a series of new electric vehicles starting with the GMC Hummer EV. Kia ...

For some, likely many, Tesla proved to be the best option. Hyundai, Kia’s partner, also bought a Super Bowl ad to promote the Ioniq 5. Tesla has confirmed that its order rate surged following this year’s Super Bowl, which featured many electric vehicle ads.

Now, though, competition for the electric-vehicle pioneer really is ramping up. And Tesla (ticker: TSLA) bulls should think hard about the impact, especially ...

Now, though, competition for the electric-vehicle pioneer really is ramping up. The predictions are always around, but the reality never seems to arrive. Predictions about more competition for Tesla are a little like Elon Musk’s predictions for fully autonomous cars.