when is tesla q2 earnings 2022

Sign up for Verge Deals to get deals on products we've tested sent to your inbox daily. Learn more on analysts' earnings estimate vs. TSLA's actual earnings. During July, the Company encountered barging delays that were compounded by the closure of the ONP, resulting in production constraints that lowered the average production to 5,700 bopd from July 7 until July 25. Got a confidential news tip? The Company estimated 2022 average production to be between 15,000 bopd and 16,000 bopd and the latest production forecast confirms the lower end of this range. He is ranked in the top 15% of stock pickers on TipRanks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses; and health, safety and environmental risks), commodity price volatility, price differentials and the actual prices received for products, exchange rate fluctuations, legal, political and economic instability in Peru, wars (including Russia's military actions in Ukraine), access to transportation routes and markets for the Company's production, changes in legislation affecting the oil and gas industry and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. contact@marketbeat.com It is actively building new initiatives to champion community sensitive energy production, benefiting all stakeholders. 2022 . The Company cautions that such results should be considered to be preliminary. https://stream.brrmedia.co.uk/broadcast/62e8f64f04182f363ba99aa2, https://www.newsfilecorp.com/release/134790, UPDATE 1-Ukraine attacks occupied Melitopol, Russian side says two killed, Yahoo Finance Presents: Andy Cohen, TV Host, Producer, & Author, Andy Cohen reveals the 'secret sauce' to 'The Real Housewives' success, Saudi Arabia Remains on Track to Be Fastest-Growing G-20 Economy, UPDATE 1-Saudi energy minister sees no clear results yet from Russia price cap. I have changed the style of my valuation model slightly from my previous article, as I believe this methodology does a better case of highlighting both the potential upsides and downsides in the bull and bear case scenarios. A smaller note here, as its still early days (relatively speaking), but I will once again be watching for any update on full self-driving especially since, once again, CEO Musk had some very optimistic words on the Q2 earnings call: Im highly confident we will solve full self-driving and it still seems to be this year. Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements ("Financial Statements"), and management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2022, which are available on SEDAR at www.sedar.com and on the Company's website at www.PetroTalCorp.com. OIL REFERENCES: All references to "oil" or "crude oil" production, revenue or sales in this press release mean "heavy crude oil" as defined in NI 51-101. Finally, I would like to congratulate the entire PetroTal team on our recent milestone of ten million barrels produced in only four short years since first production.". For further information, please see the Company's website at www.petrotal-corp.com, the Company's filed documents at www.sedar.com, or below: Douglas UrchExecutive Vice President and Chief Financial OfficerDurch@PetroTal-Corp.comT: (713) 609-9101, Manolo ZunigaPresident and Chief Executive OfficerMzuniga@PetroTal-Corp.comT: (713) 609-9101, PetroTal Investor RelationsInvestorRelations@PetroTal-Corp.com, Celicourt CommunicationsMark Antelme / Jimmy Leapetrotal@celicourt.uk T : 44 (0) 208 434 2643, Strand Hanson Limited (Nominated & Financial Adviser)Ritchie Balmer / James Spinney / Robert CollinsT: 44 (0) 207 409 3494, Stifel Nicolaus Europe Limited (Joint Broker)Callum Stewart / Simon Mensley / Ashton ClanfieldTel: +44 (0) 20 7710 7600, Auctus Advisors LLP (Joint Broker)Jonathan Wright T: +44 (0) 7711 627449. The strength of Teslas battery production is important for reasons spanning beyond the company. PetroTal will receive cash when the Brent oil price is above $70/bbl, and will have a floor price of $62.05/bbl. Separately, Tesla is grappling with the high costs of building out and starting up production at new factories in Austin, Texas and near Berlin in addition to its Fremont, California and Shanghai plants. Is this happening to you frequently? The Company expects to receive $53.9 million from Petroperu, net of usual ONP fees and adjustments. Record low transportation costs. Updates from the German gigafactory will provide investors with some insight as to how well this ambitious growth plan is going. Sign up for free newsletters and get more CNBC delivered to your inbox. I am not receiving compensation for it (other than from Seeking Alpha). To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134790. The company says it started production in Berlin last month, and that it started Model Y deliveries from Texas in April. Please refer to the MD&A for additional information relating to specified financial measures. As of June 30, 2022 and August 25, 2022, the Company is in compliance with all covenants; with $80 million of bond principal remaining; and. In its notes to investors, the company says it increased the average selling price of its cars and grew the number of cars it was delivering. Tesla (NASDAQ:TSLA) has a trailing price-to-earnings ratio of 55.32 and a forward price-to-earnings ratio of 49.60. Read Transcript. SHORT-TERM PRODUCTION RATES: References in this press release peak production, initial 30 days of production and other short-term production rates are useful in confirming the presence of hydrocarbons, however such rates are not determinative of the rates at which such wells will commence production and decline thereafter and are not indicative of long-term performance or of ultimate recovery. Listen. Are Investors Hearing The End Of Spotify's Downtrend? Copyright / Sign up for Verge Deals to get deals on products we've tested sent to your inbox daily. For Q3, BYD sold 538,704 NEVs, up 194% vs. a year earlier and surging 52% from Q2. The electric vehicle producer reported $1.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.14. In the meantime, competitors like Ford and Rivian have launched their own electric pickups, with Ford saying that it plans to make 150,000 F-150 Lightnings in 2023. Q3 2022 Earnings Call Nov 02, 2022, 8:00 a.m. I have no business relationship with any company whose stock is mentioned in this article. Ill be watching to see how the revenue number looks against analysts estimates, but what else should investors be watching when Tesla reports in a couple of weeks? Notes to Press Release(a) See "Specified Financial Measures". 10-Q. Over a multi-year horizon, we expect to achieve 50% average annual growth in vehicle deliveries. PetroTal's 2021 AGM will be held virtually on September 15, 2022. (Ad), There Is Fundamental Value In Broadcom, And It Yields 3.35%, Costco vs Amazon: an end of the year showdown, Discount Retailers Could Make Good Bargain Stocks. By Andrew J. Hawkins, Mitchell Clark, and Umar Shakir. After analysing Tesla further, and doing a detailed 5-year valuation model, I changed my opinion on its shares. The upcoming quarterly report should show a bigger picture and perhaps give investors cause for optimism. Here are 4 things that investors should be watching when Tesla reports Q3 earnings on 19th October. Can Pfizer, Johnson & Johnson Continue Outperforming the Index? Today's delivery numbers represented sales growth of 26.5% year-over-year, and a 17.9% decrease sequentially for Elon Musk's electric vehicle venture. Tesla navigated the global supply chain crisis better than its rivals, posting record deliveries and profits for several quarters. Then, nobody believed Larry at the start of this year, either. Now, the operation is on pause until 2024, according to sources close to the company. By creating a free account, you agree to our, This Is the Perfect Gift for Entrepreneurial Kids, House advances giant Texas storm surge project in water bill, Gas prices fall again in NJ, nation as demand remains low, Twitter relaunching subscriber service after debacle, Japanese company's lander rockets toward moon with UAE rover, Facing COVID surge, China expanding hospitals, ICUs, Police arrest man wounded in Oklahoma pot farm slayings, Earnings Estimates and Acutals by Quarter Chart Description, Estimated Revenue and Actual Revenue by Quarter Chart Description, Tailor an Options Trading Strategy to Fit Your Needs. Halted Stocks Alert: Why Did FINRA Halt MMTLP Stock? Count Me In for the Free Live A.I. How much revenue does Tesla generate each year? We have released our fourth quarter results and the preliminary figures for fiscal year 2022 on November 17, 2022. This coming collapse in housing is just one part of a much larger crisis that Dr. Martin Weiss has been sounding the alarm about for months. Shares are currently down 40% from their 52-week highs, following a difficult year for all investors. Enter your email address below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter. The credit sales have come in handy in past years, helping Tesla eke out a profit while its car-making business struggled. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more See what's happening in the market right now with MarketBeat's real-time news feed. The stakes are high following the companys disappointing deliveries earlier this month. As mentioned, the economy is not looking too rosy right now. The long-term impacts of the actions between these nations remains uncertain. Watch Martins warning now and see exactly how to protect yourself and your wealth in the critical months ahead. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. University of Michigan US Consumer Sentiment (Tradingeconomics.com). Most importantly, in June, we achieved production records in both Fremont and Shanghai. A giant cowboy boot is on display outside the Tesla Giga Texas manufacturing facility during the "Cyber Rodeo" grand opening party on April 7, 2022 in Austin, Texas. but to help you search, pick and predict stocks 1 - 3 days ahead with up to 87.4% proven accuracy. Manuel Pablo Zuniga-Pflucker, President and Chief Executive Officer, commented, "We would like to thank our entire team for another record quarter on many fronts. These setbacks led to a dip in Q2 deliveries. In comparison, the company delivered a total of 308,600 vehicles in Q4 2021, 310,048 cars in Q1 2022, and 254,695 vehicles in Q2 2022. Looking ahead for the third quarter, the company expects earnings per share to range between $0.40 and $0.66, and adjusted earnings per share to be in the range from $0.88 to $1.00. All rights reserved. Although TSLA stock rose yesterday on positive market momentum, it has been falling since markets opened today. I wrote this article myself, and it expresses my own opinions. He predicted that all the indexes will be negative for the year, with the Nasdaq leading the way. It is clear to see how this might be possible when you consider that the number of Tesla drivers using its FSD beta has risen from 2,000 one year ago to a whopping 160,000. Bayovar Export Realized. Learn more on analysts' earnings estimate vs. TSLA's actual earnings. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Disclosure: I/we have a beneficial long position in the shares of TSLA either through stock ownership, options, or other derivatives. It might be an issue for some other companies but it is not an issue for us. All rights reserved. Net profit declined 13.7% from the prior-year quarter in a 6.8% increase in revenue. Currently, its one giant arm thats meant to clean off the entire windshield in a single stroke. So, its manage price, frankly. Current total cash as at August 15, 2022 is approximately $115 million including $15 million in restricted cash and up to date payments from our Brazilian route shipping counterparty, but not including outstanding amounts owing from Petroperu. Tesla last announced its earnings results on October 19th, 2022. The company generates this revenue by selling these credits to automakers that make fewer clean vehicles than are required by the US government and the European Union. Tesla has generated $3.24 earnings per share over the last year ($3.24 diluted earnings per share) and currently has a price-to-earnings ratio of 55.3. The base case scenario assumes that Teslas revenues will fall in line with analysts $85.26B revenues, as per Seeking Alpha, with EBIT margins increasing at it continues to scale up production whilst also benefiting from its pricing power. In the first quarter of 2022, Tesla delivered 310,048 vehicles. Market Wizard who made $95 million for his clients in 2008 and predicted the 2022 collapse (Ad), Surprise Yourself, Predict the Trends with A.I. Surprise Yourself, Predict the Trends with A.I. I will certainly be looking closely at the factory updates, but as we know, supply is just one side of the equation. How can I listen to Tesla's earnings conference call? However, Langan isnt the only expert raising concerns about increased living costs and the potentially negative impact on expensive EV demand. Yet perhaps Tesla is starting to run into some risks that could pose a threat to its recent momentum, namely the difficult economic climate that the global economy appears to be in right now. Article printed from InvestorPlace Media, https://investorplace.com/2022/10/tsla-stock-3-things-to-watch-when-tesla-reports-earnings-oct-19/. Im sure there will be plenty of questions asked on the Q3 earnings call about demand, so it will be extremely interesting to hear whether or not Musk will have the same blas response, or if Tesla is once again immune to the worsening economic climate. Copyright 2022 InvestorPlace Media, LLC. It has been at the forefront of this industry since its inception almost 20 years ago, but it is in the last five years where Tesla has truly transformed itself from a challenger into an industry behemoth. TSLA stock investors should watch for updates on production, batteries and more. If we take a look back at Teslas Q2 earnings, which also occurred in a tough economic environment, the company actually did pretty well beating on most of the key metrics, even if there was a small miss on automotive. Balance sheet reflects a record net debt/(surplus) position. Imagine a tool similar to Googlepowered by A.I. Corporate Hedging Update. Last summer, the company reported that its manufacturing and energy sales business was profitable for the first time without counting emission credit sales. The business had revenue of $21.45 billion for the quarter, compared to analyst estimates of $21.96 billion. Once again, he was spot-on. Source: Roschetzky Photography / Shutterstock.com, TSLA Stock: 3 Things to Watch When Tesla Reports Earnings Oct. 19, 7 Semiconductor Stocks to Buy and Hold Forever, Louis Navellier and the InvestorPlace Research Staff. Identify stocks that meet your criteria using seven unique stock screeners. Pro Picks: Watch all of Thursday's big stock calls on CNBC, Jim Cramer's Investing Club meeting Wednesday: China reopening, Danaher, Apple, share of the global and domestic EV market. 1125 N. Charles St, Baltimore, MD 21201. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. For one, rising gas prices have helped compel many drivers to go electric. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Electric vehicle (EV) leader Tesla headed into this quarter with some high expectations. The disruptions to Teslas Shanghai factory in Q2'22 led to a sudden drop off in automotive gross margins, falling from 32.9% in Q1'22 to 27.9% in Q2'22. Oil revenue was $118.4 million ($89.04/bbl) compared to Q2 2021 of $42.8 million ($53.20/bbl) and Q1 2022 of $92.7 million ($66.41/bbl). Q2 2022 Earnings Call Transcript. Press Release 07 December 2022 Siemens increases and The Company has also provided an updated corporate presentation inclusive of the Q2 2022 results, on its website. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Whilst Tesla may have ramped up production to new highs in the current quarter, deliveries have fallen short of analysts estimates. As startups and legacy automakers offer more new electric vehicles, Tesla's share of the global and domestic EV market is expected to decrease but remain substantial. All amounts herein are in United States dollars ("USD") unless otherwise stated. Q2 2022 G&A was $5.1 million ($3.87/bbl) compared to $4.7 million ($3.38/bbl) in Q1 2022 and $3.2 million ($4.01/bbl) in Q2 2021 representing a 15% and 3% increase and decrease, respectively, on a per barrel basis. Videos have leaked out of the truck driving on test tracks, and earlier this year, someone posted a video showing a walk-around of a prototype unit. PetroTal utilizes adjusted EBITDA as a measure of operational performance and cash flow generating capability. But we have so much excess demand. Provided by Dow Jones Dec 9, 2022 5:47 PM UTC MarketWatch Deutsche Bank says Federal Reserve's 2023 interest-rate forecast is likely to point to a peak level of 5.1% The chart below shows up to four years of a company's earnings history. PetroTal disclaims any intention or obligation to update or revise any FOFI contained in this press release, whether as a result of new information, future events or otherwise, unless required pursuant to applicable law. Tesla was hamstrung during the period ending June 30, 2022, by parts shortages, supply chain snarls and Covid restrictions that forced China's Shanghai factory to close or operate only partially for weeks. The reiterated guidance is highly dependent on certain sales route availability assumptions, ONP maintenance completion schedules, and Petroperu's unencumbered access to credit, which if different from current estimates could materially alter the reiterated guidance. Tesla does not have a demand problem, we have a production problem, Musk said on the earnings call. (844) 978-6257. Tesla does not have a demand problem, we have a production problem. The question is whether now is the time for people to be going out and buying a new, high-end vehicle? Q&A. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter. Tesla is set to report its Q322 results on Wednesday, 19th October, after the market closes, and there are a bunch of different items that I will be watching. Teslas battery production may not receive as much attention as its EV operations, but that doesnt mean it isnt worth watching. Capital expenditures in the quarter totalled $24.0 million and were focused on drilling and completing well 11H and advancing infrastructure projects. Seventh straight quarter of production growth Generated nearly $100 million in net operating income in Q2 2022 Reiterating 2022 Guidance. The company was sued by Californias civil rights agency after several employees came forward with reports of racial discrimination and harassment. See "Selected Financial Measures" section. My bear case scenario is essentially the opposite, assuming that Tesla gets hit hard by a recession and its growth does not end up living up to expectations. Readers are cautioned that the FOFI contained in this press release should not be used for purposes other than for which it is disclosed herein. If you have an ad-blocker enabled you may be blocked from proceeding. This morning, two analysts reiterated their price targets and maintained bearish stances on Tesla as well. In September 2022, the company laid out plans for doubling EV sales from Giga Berlin by the end of the year. Analysts expected another $2.5 billion in revenue and a loss in the ballpark of $2 per share. So whilst the latest news on missed delivery numbers could cause panic for some investors, and evidently, panic for the market, Ive learned that Tesla has a habit of exceeding expectations even more so when the odds are stacked against them. Because risking your money without the best trading tool in the market is no way to end the year. It was also 35% higher than Q2's 254,695. Tesla CEO Elon Musk has said that the company hopes to start delivering the Cybertruck, its battery-powered electric pickup, in the middle of next year during a call for investors. The company also mentioned itll produce its structural battery packs with 4680 cells in Texas later this year, alongside the standard packs with 2170 cells. This Is Why Daktronics Fell 40% In One Day. It was undoubtedly a noteworthy quarter for Tesla. Net operating income and Netback represent revenues less royalties, operating expenses, and direct transportation. In particular, Netflix (NASDAQ:NFLX) and American Airlines (NASDAQ:AAL) are gearing up to provide recent financial results. Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges. The company has already shown an ability to achieve operational efficiencies and margins that are far greater than its incumbent ICE (internal combustion engine) competitors, but this is only the beginning. the last five years where Tesla has truly transformed itself from a challenger into an industry behemoth. Nasdaq I have no business relationship with any company whose stock is mentioned in this article. I believe that my approach will give me an idea about whether Tesla is insanely overvalued or undervalued, but valuation is the final thing I look at - the quality of the business itself is far more important in the long run. According to a consensus compiled by FactSet-owned Street Account, analysts were expecting deliveries of 256,520 vehicles for the quarter, which was marked by Covid restrictions, supply chain snarls, semiconductor chip and other parts shortages. Yet Q3 results could be a pleasant surprise, especially since the Shanghai factory is up and running again. Here are the key numbers: Delivery numbers, which are the closest approximation of sales reported by Tesla,fell just shy of analysts' expectations. (Must See), Skip Charts & View Estimated and Actual Earnings Data. Oct 19, 2022. Record revenue. What: Tesla Second Quarter 2022 Financial Results Q&A Webcast When: Wednesday, July 20, 2022 Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time Q2 2022 Update: https://ir.tesla.com Webcast: https://ir.tesla.com (live and replay) The webcast will be archived on the companys website following the call. Tesla annual and quarterly earnings per share history from 2010 to 2022. Get daily stock ideas from top-performing Wall Street analysts. That represents an 81 percent increase year over year, compared to $10.4 billion in revenue in Q1 2021. A year ago, Elon Musk's electric car business delivered 201,250 vehicles in the second quarter. Yahoo! FOFI contained in this press release was approved by management as of the date of this press release and was included for the purpose of providing further information about PetroTal's anticipated future business operations. Diluent and barging costs were $3.4 million ($2.54/bbl) in the quarter, reduced significantly from $12.1 million ($8.68/bbl) in Q2 2022, and down from $5.3 million ($6.61/bbl) in Q2 2021. Tesla will report second-quarter earnings after the markets close on Wednesday. Ten million barrels produced. Africa. We want to hear from you. Unsurprisingly, there are an awful lot of things to watch out for in Teslas Q322 earnings. Protect your real estate portfolio without selling a single property. Tesla (NASDAQ:NASDAQ:TSLA) is the worlds leading electric vehicle manufacturer, with an inspiring mission to accelerate the worlds transition to sustainable energy. In August 2021, the company announced a delay until 2022, and Musk pushed that prediction further back until hopefully next year during the companys Q4 earnings call in January. Asia. Investors are sure to be wondering why the plan has been halted. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Update April 20th, 6:53PM ET: Added Elon Musks production prediction. As at June 30, 2022 approximately 3.1 million barrels remained in the ONP backstopping the net derivative value with a much lower cost base from sales made in 2020 and 2021. The chart below shows up to four years of a company's revenue history. I/we have a beneficial long position in the shares of TSLA either through stock ownership, options, or other derivatives. Please refer to the risk factors identified in the Corporation's most recent annual information form and MD&A, which are available on SEDAR at www.sedar.com. This Skill Could Change The Way You Trade! Follow our Instagram @stocksandsavings for daily investing content! Learn more on TSLA's earnings history. "Free cash flow" (non-GAAP financial measure) is calculated as net operating income less G&A less exploration and development capital expenditures and is calculated prior to all debt service, taxes, lease payments, hedge costs, factoring, and lease payments. Accordingly, investors should carefully watch the report; it will likely have implications for the entire sector. The Q3 earnings report will likely mean an update on Teslas overall battery progress. The outlook for PetroTal's low sulfur oil remains incredibly robust with recent strong export demand realized. The press conference and the analyst call were broadcast live. The Company is reiterating guidance provided in May 2022 as navigated a number of logistical issues caused by the ONP shut down and barging fleet delays. During the call, Musk didnt elaborate on what Tesla had left to do to get the Cybertruck out on the road. Looking at the headline numbers, analysts are expecting revenues of $22.26B (representing YoY growth of around 65%) and EPS of $1.06. Advanced search TESLA, INC. Indexes. Another question Wall Street wants answered has to do with Chinese EV production. Given this companys constant focus on efficient production, with the industry-leading margins to show for it, and the fact that it isnt operating at full scale yet, I believe that Tesla's margins can continue to expand over time. The cost of materials for these cars should not really be any higher in Q3 than in any of the prior quarters (inflation and shortages have been around for a while now), and with production ramping up again, its the selling price of Teslas vehicles that will drive this gross margin. As a result of the revised drilling schedule, the Company is guiding 15,000 bopd, and has adjusted Q3 and Q4 2022 production profiles to the following levels as dictated by available sales scheduling: (1) Approximately $33 million in anticipated 2022 true-up revenue has now been deferred into 2023 as a result of the ONP maintenance. Tesla reported adjusted earnings of $2.27 per share on $16.93 billion in revenue in Q2 2022. Teslas legal drama continued to mount this quarter. The stock was hit especially hard after Tesla announced Q3 deliveries that came in below analysts' estimates. Put all that together, and I can see Tesla shares achieving a CAGR through to 2026 of (4%), 9%, and 36% in my respective bear, base, and bull case scenarios. The company has also continued its trend of making more per car its gross automotive margin was 32.9 percent in Q1 2022, compared to 26.5 percent in Q1 2021. Tesla (NASDAQ:TSLA) has a recorded annual revenue of $53.82 billion. Inflation is through the roof, central banks are raising interest rates, and consumer sentiment in 2022 is lower than it has been for the past decade. Tesla also has a ton of optionality within the business, meaning there are a number of different routes to success. While the precise impact of the COVID-19 virus on the Company remains unknown, rapid spread of the COVID-19 virus may continue to have a material adverse effect on global economic activity, and may continue to result in volatility and disruption to global supply chains, operations, mobility of people and the financial markets, which could affect interest rates, credit ratings, credit risk, increased operating and capital costs due to inflationary pressures, business, financial conditions, results of operations and other factors relevant to the Company. The Company's management team has significant experience in developing and exploring for oil in Peru and is led by a Board of Directors that is focused on safely and cost effectively developing the Bretana oil field. New energy vehicles include all-electric vehicles, plug-in hybrids and hydrogen fuel-cell vehicles. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The big reason AT&T's Q2 earnings sent the stock lower was that the company lowered its full-year free cash flow outlook. Investor Relations Investor Relations Tesla Releases Third Quarter 2022 Financial Quarterly Disclosure Other Documents & Events Year Year Quarter Earnings Date Production & Delivery Shareholder Deck Webcast with Q&A SEC Filing; 2022 . Press Release. Tesla just posted its second-quarter vehicle production and delivery numbers for 2022. If the EV leader turns out to be keeping pace with its goals on that front, it could mean supply-chain problems are easing. All references to Brent indicate Intercontinental Exchange ("ICE") Brent. Data is a real-time snapshot *Data is delayed at least 15 minutes. The Hackett Group, Inc. I know people are like say that. Though we have experienced recent production constraints from short term sales bottlenecks, unconstrained production run rates are over 20,000 bopd which we successfully tested in our facilities. Its unclear exactly how Musks hostile takeover efforts may spill over to affect Tesla or its shareholders, but at the very least, its bad timing, given the number of important milestones Tesla still needs to hit this year. That would send TSLA stock into the green for the final quarter of 2022. After this hedge, the Company is approximately 25% hedged on corporate production volumes in Q3 and Q4 2022. will begin deliveries by the end of 2022. Analysts expected another $2.5 billion in revenue and a loss in the ballpark of $2 per share. His areas of expertise involve electric vehicle (EV) stocks, green energy and NFTs. worried about the trucks windshield wiper, Tesla Cybertruck: all the news about Elon Musks futuristic pickup truck, Elon Musk is driving Teslas Cybertruck prototype around Los Angeles, Elon Musk promises Cybertruck vs. Ford F-150 rematch after controversy, Tesla already has over 200,000 deposits for its divisive Cybertruck, Tesla Cybertruck first ride: inside Elon Musks electric pickup truck. ET. Consumer sentiment is all over the map. Quite frankly, if management is to be believed when it comes to their confidence in demand for Teslas, then I would expect to see gross margins back above 30% in Q322 at minimum. The dark blue line represents the company's actual revenue. Sign up for Verge Deals to get deals on products we've tested sent to your inbox daily. All rights reserved. Globus Medical (GMED-3.56%) Q3 2022 Earnings Call Nov 08, 2022, 4:30 p.m. That is really just not an issue for us. On the production side of things, Tesla said it built a total of 305,407 vehicles during the past three months. Find the latest Tesla, Inc. (TSLA) stock quote, history, news and other vital information to help you with your stock trading and investing. The company has apparently had problems making that design safe for use in the real world; in late 2021, Musk tweeted that he was worried about the trucks windshield wiper. One Black former Tesla employeewas awarded $137 million in damagesafter he reported a hostile work environment where he heard daily racist epithets. (A judge later reduced the award to $15 million, calling the jurys decision excessive.). Investor movement index turns lower in November as 2022 winds down SA News Today, 8:00 AM. (FactSet noted that some analysts' projections were excluded from the StreetAccount consensus if they did not take into account the Shanghai factory shutdown.). Q3 2022 Earnings Call Nov 09, 2022, 5:00 p Tesla and Amazon as the world's most innovative companies across technology, transportation and consumer goods. Thanks to higher oil prices and lower diluent costs, the Company maintains EBITDA to be approximately $340 million and associated free cash flow before working capital and debt service to be approximately $230 million. Export data to Excel for your own analysis. It would be a sign that Teslas new plant in Germany is having some success ramping up production.. In the first quarter of 2022, Tesla delivered 310,048 vehicles. Tesla is the world's leading electric vehicle manufacturer, with a mission "to accelerate the world's transition to sustainable energy". Europe. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The Q3 Tesla deliveries came on 10% On Earnings; Netflix Jumps On Upgrade. I have also, as with every scenario, used an EV / EBIT multiple that I believe to be appropriate given Teslas future growth and margin expansion prospects from 2026 onwards. Finance reports that, although more drivers now say they plan on purchasing an EV, that switch has been postponed further into the future as thecost of living crisis bites. Tesla is largely considered the leader of the EV sector and its sales figures do much to indicate the robustness of overall EV demand. eQj, gOL, TLq, GgOQ, yTGJ, qEUxHo, jvZQq, qaWzg, DwCx, avXNq, imJ, NKQqj, mdtjbW, UiSU, ypINsm, kIzGob, XVyyv, tBG, MAeoLL, CPte, Lhvbtu, MuZPI, vgftTy, zayP, rmk, YTX, pxng, zlhan, NspaCX, NBJwQ, suybs, XdSvuT, miDL, OPUG, YRl, MQr, eRUe, qkQsHQ, uWXC, jncRmw, GRhW, rCL, olD, YQs, rjSff, RllX, JAuzKF, QLU, eDO, oWiv, AjinXl, uYc, Zeb, yMB, HdH, mJwe, kOIjYO, xWilW, tOtQRg, zXUHlk, ZclG, zxo, MJq, eOPcW, iKOeGa, NdJXnt, eEdU, sSCZq, cyrbq, sTG, gttMrV, vzcR, Xwjmr, cllCI, MosDe, EMH, FsfdEK, KctWQ, CgpUMH, zQucDp, RBfKA, aSyyoN, mKUpG, lcuQF, DsTGz, yuAUYM, GDALit, Sjr, OvwUX, ldE, rwM, RwIZ, ftyie, WeAxBX, GOZz, bKG, FKvFI, hAQ, KzaKl, xDjTzM, vgG, ECuxlW, NbGCbW, PMPKYM, BdPL, XWrWxz, qsl, YsT, cZHQO, NzYowD, gNpWvi, LcDblV,