earnings call

Tesla Says Nearly 50% of Cars Produced in Q1 Had LFP Battery Packs

Tesla’s Q1 2022 saw record delivery and production numbers, along with revenue and net income. The company also detailed how it is diversifying its battery chemistries for long-term growth. Back in October during its Q3 2021 earnings, Tesla said it was shifting its Model 3 and Model Y Standard Range cars to Lithium Iron Phosphate (LFP) […]

Tesla Q1 2022 Earnings: Record $18.7 Billion in Revenue, $3.3 Billion Net Income

Tesla has announced its Q1 2022 earnings on Wednesday afternoon, reporting numbers higher than Wall Street expectations. The automaker reported $3.22 earnings per share, while revenue was at $18.7 billion, up a staggering 81% year-over-year. “The first quarter of 2022 was another record quarter for Tesla by several measures such as revenues, vehicle deliveries, operating […]

Tesla Now Accepting Questions for Q1 2022 Earnings Call

Nearly 700,000 Tesla shareholders are asking questions for an upcoming Q&A, as can be seen on a ranked-choice voting forum for the investors. Questions from Tesla’s shareholders for the upcoming Q1 earnings Q&A session can now be seen in a forum at SayTechnologies.com. The site includes an upvoting system for shareholders to vote for their […]

Tesla Starts Accepting Questions for Q4 2021 Earnings Call Q&A

On Friday afternoon, Tesla started accepting questions for its upcoming Q4 2021 earnings call question and answer period, set to take place next Wednesday, January 26, 2022 (via @SawyerMerritt). As of writing, there are currently already 1,237 questions submitted on the Say Technologies platform The top-upvoted question asked by “Anonymous Retail Investor” at the moment […]

Tesla Q3 2021 Earnings Call Transcript and Audio Supercut [VIDEO]

Tesla announced a record Q3 2021 yesterday, resulting in all-time highs in net income and revenue, while gross margins are nearing an astounding 30%. The company saw $1.6 billion net income from $13.7 billion in total revenues and now has $16 billion in cash and cash equivalents. Tesla is firing on all cylinders, so to […]

Tesla Shifting Model 3/Y Standard Range Cars to LFP Batteries Globally

During Tesla’s record Q3 earnings report, the company revealed its vehicle capacity from its factories in California and Shanghai are running at near full capacity. The company’s Fremont factory is able to produce 100,000 Model S/X and 500,000 Model 3/Y, while its Giga Shanghai factory is noted as over 450,000, making for a total of […]

Tesla Q3 2021 Earnings Call: What to Expect

Amidst the struggle of companies like General Motors (GM) during the semiconductor chip shortage, Tesla has continued to grow despite an overall auto industry downturn. Tesla’s stock is way up over the past several months, which could lead to post-earnings stock volatility for the company, according to Barron’s. While Wall Street reportedly expects Tesla to […]

Tesla Q3 2021 Earnings Date Set for October 20

Following Tesla’s 2021 annual shareholder meeting livestream on Thursday, the company has officially set a date for the release of its Q3 numbers later this month. Tesla has confirmed the date for its third-quarter financial results, set to happen on October 20, according to a press release. The company will post a brief advisory with […]

Tesla Q2 Production Capacity Increases Beyond 1.05 Million Cars Per Year

Tesla announced during its Q2 earnings call its installed annual capacity has now increased greater than 1.05 million cars. The breakdown stands the same as Q1, but for Giga Shanghai, the number is now “greater” than 450,00: California – Model S/X: 100,000 California – Model 3/Y: 500,000 Shanghai – Model 3/Y: > 450,000 With Gigafactories […]

Elon Musk Says He Will No Longer Be on Earnings Calls

During Tesla’s Q2 earnings call webcast, CEO Elon Musk shared some opening remarks on the company’s quarter, plus also detailed the ongoing global chip shortage. In a somewhat of a surprise mention, Musk said that to better make use of his limited time, “going forward I won’t be on earnings calls unless there’s something important […]

Tesla Cybertruck July 2021 Update: Production in Austin After Model Y

With an unofficial order tracker for Tesla’s Cybertruck showing over 1 million pre-orders, what’s the latest update for the company’s futuristic electric truck? In Tesla’s Q2 2021 letter to investors, the company says Cybertruck production will follow Model Y production at its upcoming Gigafactory under construction in Austin, Texas. “We are also making progress on […]

Tesla Q2 2021 Earnings Date: Monday, July 26, 2021

Tesla has announced its Q2 2021 earnings date, set for Monday, July 26, 2021. The company will hold a live question and answer webcast that day at 2:30pm PT/5:30pm ET, to discuss its Q2 financials and outlook. Earlier this month, Tesla announced in Q2 it produced and delivered a record of over 200,000 vehicles. “Our […]