Sandy Munro recently gave an extended Q&A at TeslaCon Florida 2022. I was there as well, to give a presentation on the state of the EV market and market trends. I recorded Sandy’s Q&A and was happy I did, as it was full of gems and other minerals. Below are … [continued]
Year over year, Tesla’s net income more than doubled in the third quarter, and CEO Elon Musk seems to think the company could someday outpace some of the world’s largest companies. With Tesla and other automakers facing high prices on raw materials and continued challenges ahead of recession expectations, the … [continued]
It’s time for another quarterly Tesla conference call. The Q3 Tesla conference call starts in 30 minutes, at 5:30pm ET/2:30pm PT. Below is our YouTube livestream, where you can listen to the conference call live while also benefiting from various special features instead of simply a blank screen. We include … [continued]
BYD is the only automaker that sells more plugin vehicles worldwide than Tesla (and a bit fewer full electrics). It’s also basically the only other profitable electric automaker in the world. In some regards, you can certainly say that BYD is leading the charge in EVs. On the other hand, … [continued]
Amidst the bouts of laughter and Musk-centered adoration were several references to Tesla’s future planning, leading to more speculation about the company’s direction with mercurial Musk at the helm.
One of the highlights of the annual Tesla shareholder meeting held earlier today was a graph showing that Tesla has risen to #1 in the auto industry in terms of operating margin. Luxury car companies known for their solid operating margins and gross profits are solid steps below Tesla now. … [continued]
While many in the West have decided the Covid-19 pandemic is over, Shanghai was on lockdown for much of the second quarter, and that cut into Tesla production and revenue significantly since that’s where about half of Tesla vehicles are produced. Nonetheless, clawing its way through, the company made a … [continued]
Tesla reported its earnings for the first quarter of 2022, and as usual, Tesla beat the expectations of several analysts. Tesla’s automotive revenue reached $16.86 billion, which is up 87% from this time last year. Tesla also said that its growth was impacted by growth in vehicle deliveries, the increased … [continued]
Tesla is proving that its investments in research and development (R&D) is a better investment than advertising. In October 2021, I wrote about a comparison that Visual Capitalist made that showed Tesla’s spending compared with that of legacy automakers such as General Motors, Toyota, and Ford. In that comparison, Tesla … [continued]
Tesla’s cost of goods sold is one the highest in the industry.
