TSLA

EV market leader beats profit estimates in latest quarter · CEO: Automaker hasn't soured on Bitcoin despite impairment.

Tesla is out with the company's Q2 2022 earnings results, and the stock is moving in after-hours trading. The EV company reported earnings of $2.27/share ...

Tesla's cash flows would have actually been negative in Q2 2022 without the sale of their Bitcoin position. The company also attributed the EPS beat to increased average selling prices of their vehicles. Over a multi-year horizon, we expect to achieve 50% average annual growth in vehicle deliveries. Conversions in Q2 added $936M of cash to our balance sheet. We are continuing to invest in capacity expansion of our factories to maximize production. Factory ramps take time, and Gigafactory Austin and Gigafactory Berlin-Brandenburg will be no different. We continued to make significant progress across the business during the second quarter of 2022. YoY, operating income was primarily impacted by the following items: The rate of growth will depend on our equipment capacity, factory uptime, operational efficiency and the capacity and stability of the supply chain. Tesla is out with the company's Q2 2022 earnings results, and the stock is moving in after-hours trading. We will be streaming the TSLA Q2 2022 conference call on our Shacknews Twitch channel. This resulted in an overall record gross profit.

Tesla Inc on Wednesday reported a higher-than-expected quarterly profit as a string of price increases on its best-selling electric vehicles helped offset ...

While Musk’s impressive innovation has served the company well, his personal flair is starting to raise governance questions," said Laura Hoy, analyst at Hargreaves Lansdown. Tesla has not sold any of its holdings of the Dogecoin cryptocurrency. Tesla said it has converted approximately 75% of its bitcoin purchases into fiat currency, which added $936 million of cash to its balance sheet. He dismissed the idea that global economic problems were hurting interest in Tesla, despite vehicle prices' rising to what he called "embarrassing levels." Tesla's China factory ended the second quarter with a record monthly production level. Register now for FREE unlimited access to Reuters.com

Here's what analysts are expecting from Tesla in their Q2 2022 financial report. Earnings. According to a poll of Wall Street analysts by TipRanks, Tesla is ...

While this will not be a major change, given the issues encountered during the second quarter we may get an update from Tesla on their annual delivery guidance. Tesla (TSLA) is scheduled to publish their Q2 2022 earnings report after markets close this afternoon. The price of Bitcoin has since recovered slightly and is currently trading around $30,000. That is a 41.5% increase from their Q2 2021 revenue of $11.96 billion. If accurate that would be a 24.8% increase year-over-year (YoY) from Q2 2021 when Tesla earned $1.45 per share. With the wild swing in value, Tesla is expected to report as much as a $440 million impairment on their Q2 earnings report.

Tesla continues to be on the cutting edge of electric vehicle technology, as more and more consumers adopt EVs each and every day. The company itself has ...

It’s going down soon, so let’s look at how you can listen to the Tesla (TSLA) Q2 2022 earnings call. It will be interesting to see if Tesla CEO Elon Musk makes an appearance during the earnings call. Tesla (TSLA) will soon speak to its financial performance over the past few months during its latest earnings call.

The Tesla company has shored up its stock of battery cells for Tesla vehicles through the 2022 fiscal year production targets.

Tesla leadership also claimed that the company has enough of a supply of 2170 cells to meet production forecasts throughout Tesla’s fiscal 2022. It was here that Tesla executives claimed that the company is currently making cars using the 2170 cells, and not 4680 cells. One of the core components of Tesla vehicles is obviously the power supply.

My name is Martin Viecha, VP of investor relations; and I'm joined today by Elon Musk, Zachary Kirkhorn, and a number of other executives. Our Q2 results were ...

But that's a testament to our software team that we're able to roll a new chip into the car, write a whole new patch of software for that chip and -- without interrupting production. That's outside of Dojo in terms of the -- I guess, on the inference side, you're certainly doing that in the car, but what about sort of the more mundane areas like microcontrollers and the like? They're very -- they're smart and they're hardworking. So the following question is with regards to the ramp of production in Austin and Berlin. How is the situation with regards to supply of semiconductors, battery cells and other components? And I think we will have -- I'm highly confident we will solve full self-driving and it still seems to be this year. And that makes the planes lighter and better. And now let's go to the questions from investors. We are expecting to be -- still expecting to be in production with the Cybertruck in the middle of next year. So -- and that mileage is growing exponentially. If you've got to be -- the car has got to be crunching to trigger the seatbelt tensioner. So also making good progress with production ramp with Berlin. We achieved an important milestone of 1,000 cars a week in June. And we're expecting -- sorry, our Giga Texas to exceed the 1,000-vehicle per week milestone and hopefully in the next few months. My name is Martin Viecha, VP of investor relations; and I'm joined today by Elon Musk, Zachary Kirkhorn, and a number of other executives.