TSLA

Tesla is gearing up to report second-quarter earnings. Here's why investors shouldn't be worried about the future of TSLA stock.

But even if the report pushes TSLA stock down, investors have plenty of reason to be optimistic. The company has filed with the city of Austin to expand its Texas gigafactory with the goal of building more assembly lines. The Q2 earnings will reflect a difficult quarter, but they won’t mean TSLA stock can’t come roaring back. The government-induced shutdowns that plagued Shanghai in April pushed TSLA stock down as production stalled. In early July, it paused production in both Shanghai and Berlin despite reaching new production records during the previous month. TSLA stock can come roaring back in the coming months.

Tesla reported adjusted earnings of $2.27 per share on $16.93 billion in revenue in Q2 2022. Automotive margins decreased from last quarter and a year ago, ...

"The processing of lithium is insane," he said and once again called on entrepreneurs to enter the lithium refining business. On Wednesday, in response to an investor's question, Elon Musk said Tesla is hoping to start delivering the Cybertruck, an experimental looking pickup, in the middle of next year. Covid restrictions in Shanghai forced Tesla to temporarily suspend or limit production at its factory there during the second quarter of 2022. Executives on the call said that, for most commodities, Tesla is now seeing a downward trend towards the end of this year or next year. Those numbers represented 19% growth in store and service center locations year over year and a 34% growth in the number of charging locations. He added, "This should be not taken as some verdict on Bitcoin." CFO Zachary Kirkhorn and Musk confirmed that Tesla had not sold any of its dogecoin.

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.

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

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

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.

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.

Tesla also ended the quarter with the highest vehicle production month in the company's history. This was hinted at by Tesla in a rather subtle update on its ...

That said, “Right now the best Chinese EV manufacturer is actually Tesla China,” the CEO added. 16:37 CDT – Elon notes that Tesla has made advances in its manufacturing system. Elon notes that the wait after customers order a vehicle is substantial. It’s not something we can control,” Musk said, noting that he believes inflation should decline by the end of the year. “There’s a lot of opportunities to improve casting and extend them to more parts,” Elon Musk said. That said, Tesla expects 4680 cell production in Texas by the end of this quarter. He adds that there’s not a shortage of materials on Earth, but there’s a need for more refining. Tesla is making progress, but the first order of business is to get the basics right. He states that Tesla sees constraints in refining of the materials to make the battery cells like lithium. Drew notes that a lot of the uber high density battery innovations are not feasible for mass production. He also notes that Tesla has a good chance of exiting this year with 40,000 vehicles per week. Tesla’s war chest continued to grow in the second quarter, though many will likely be drawn to the fact that the company sold the majority of its Bitcoin holdings.

Tesla, Inc. (NASDAQ:NASDAQ:TSLA) Q2 2022 Earnings Conference Call July 20, 2022 17:30 ET Company Participants Martin Viecha - Vice President, ...

And in the future, I think we are going to look at where there is a supplier… And there is plenty of – there is a ridiculous amount of iron with it. And I’d love to understand where you stand on the technology and efficiency and energy density road map that you described at the Battery Day. So what I’m trying to understand is where do you stand on the architecture of the battery cell itself? But we have line of sight to solve for the volumes being contemplated for both Austin and Berlin. And on the cell front, like Elon mentioned, we have a comfortable margin, thanks to record output from our partners and have line of sight that matches the planned output from both factories. 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. Constant improvement is something we are used to here, and it’s something like we’ve done with their vehicles and our design since the beginning. And – but it takes a lot of effort over time to figure out actually what is the platonic ideal and then actually gradually approach that. So, it’s – we are not a – cryptocurrency is not something we think about a lot. I think people will be amazed at what we are able to show off in AI Day. So basically, there is a tremendous amount to look forward to in the second half of this year. We are expecting to be – still expecting to be in production with the Cybertruck in the middle of next year. Good afternoon, everyone and welcome to Tesla’s Second Quarter 2022 Q&A Webcast. My name is Martin Viecha, VP of Investor Relations; and I am joined today by Elon Musk, Zachary Kirkhorn and a number of other executives.