Tesla continued to rake in the cash in the second quarter of 2023, on the back of record global deliveries. The company brought in nearly $25 billion in revenue in the second quarter (Q2), which was 47% more than in Q2 2022. But let’s look a little more closely at … [continued]
My family used to say I had an obsession with Tesla and Elon. I bought a Model 3 as “investment research.” Not to mention it was safe, cool, and it seemed the good folks were making a difference for once. I have written many pieces supporting Elon and Tesla’s vision … [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]
This story is meant to be a reflection of the past growth and prediction of the future growth of Tesla, not a criticism of Ford. Having said that, the reason to have Ford even in the story is it provides a company to compare Tesla to, and Ford has been … [continued]
Tesla 4Q 2022 Earnings Call Highlights Plenty of Demand for Current Vehicles, No New Tesla Vehicles Needed This Year In listening to the Tesla 4th quarter earnings call, the much anticipated “Roadmap Update” was disappointing. It was basically that since they have plenty of demand for their current vehicles (the … [continued]
Tesla’s 2021 full year earnings will be released on Wednesday, January 26th, and I think we will find out that Tesla’s revenue has a good chance of exceeding 17 Dow components. As we always do, we’ll cover the livestream with zany chat action, cool analyst charts, and awesome music on … [continued]
In his latest video, YouTuber and very early Tesla investor Dave Lee asked the question as to whether or not Tesla can deliver 1.5 million Model Y vehicles in 2023 and how to value this as a Tesla investor. Short disclaimer: I, too, hold a few shares in Tesla’s stock … [continued]
As part of Tesla’s Battery Day festivities, a bold plan was revealed. Tesla will start producing its own batteries by ramping up its new 4680 battery “pilot” factory. Tesla aims to reach 100 GWh of its own production by 2022 — in addition to whatever batteries it can source from Panasonic, LG Chem, and CATL.
I received quite a few comments that running Tesla’s finances through a lemonade stand confused readers. I realized two things. People without a financial background loved it. People who fully read Tesla’s SEC filings for a mid-morning snack hated it, or at best tolerated it. 😉
I planned to write my usual straightforward analysis forecasting Tesla’s Q4 financials. Then this headline caught my attention: “Tesla Short David Einhorn Says Last Quarter Was ‘As Good As It Gets.’”
