Tesla Earnings

Tesla reported record profits for the fourth quarter and the full year, but said its profit margins were tighter due to higher costs, recent price cuts, ...

The company’s previous aggressive growth rates and strong profit margins were factors that made Tesla the most valuable automaker in the world by far, despite having a fraction of the sales volume of other global automakers. [debut long-promised new vehicles](http://www.cnn.com/2022/01/26/business/tesla-earnings/index.html), such as the Cybertruck pickup, due to supply chain issues that forced it to concentrate on its existing product line. “We are prepared for short-term uncertainty, while being focused on the long-term potential of autonomy, electrification and energy solutions.” The company’s statement and Musk acknowledged that there are economic and other uncertainties ahead that could affect 2023 results. We’re not committing to that but I’m just saying that’s the potential. Musk said Tesla would have capacity to make about 2 million cars this year, if everything goes smoothly. “It just always seems to be some force majeure thing that happened somewhere on Earth. “The most common question we’ve been getting from investors is about demand,” he said. Many auto analysts strip out those credits when calculating the profit margins Tesla achieves on its automotive operations. And so these price changes really make a difference for the average consumer.” Tesla gets hundreds of million dollars each year selling the governmental credits it receives for selling only zero-emission cars. Analysts surveyed by Refinitiv had forecast EPS of $1.13.

Electric automaker Tesla reported fourth-quarter financial results after Wednesday's closing bell. The company's shares fell in early after-hours trading, ...

estimated $3.8 billion\nFree cash flow of $1.42 billion vs. estimated $24.7 billion\nGAAP net profit of $3.69 billion vs. Here's what the company said, along with a summary of the main Wall Street estimates from FactSet:\n\nQuarterly revenue of $24.3 billion vs.

Tesla Inc. investors badly bruised by last year's 65% rout are looking for clarity from Wednesday's earnings report on demand for its electric vehicles, ...

Early this year, Tesla reported fourth-quarter deliveries that [fell well short](https://www.bloomberg.com/news/articles/2023-01-02/tesla-notches-record-delivering-405-278-cars-in-fourth-quarter) of expectations, then [slashed prices](https://www.bloomberg.com/news/articles/2023-01-13/tesla-slashes-prices-in-us-to-qualify-models-for-tax-credit) in the US and Europe. [Twitter Inc.](/quote/TWTR:US) in late October, then offloaded billions of dollars worth of Tesla stock in [November](https://www.bloomberg.com/news/articles/2022-11-09/musk-sells-3-95-billion-of-tesla-stock-after-twitter-takeover) and [December](https://www.bloomberg.com/news/articles/2022-12-15/elon-musk-sells-at-least-3-6-billion-of-tesla-shares).

Tesla Inc. is scheduled to report earnings after today's close. The stock hit a record split adjusted high of $414.46/share in 2021 and is currently trading ...

Technically, the stock is trading near its declining 50 DMA line which would be a logical place for people to short the stock. The stock is trying to bottom but it is still trading below both its 50 and 200 day moving average lines. The company just lowered prices and that might be a sign that sales are beginning to slow as the broader economy slows down. The company is expected to report a gain of $1.13/share on $26.16 billion in revenue. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down.

The latest earnings report poses “one of the most important moments in the history of Tesla,” according to one prominent analyst.

[testified](https://www.forbes.com/sites/dereksaul/2023/01/24/elon-musk-trial-tesla-ceo-says-i-thought-i-was-doing-the-right-thing-in-testimony-over-tweet/?sh=6d185ac56dc6) in San Francisco federal court for about nine hours this week as part of a civil lawsuit seeking billions in damages from Musk over his infamous 2018 tweet saying he secured funding to take Tesla private at $420 per share, causing shares of the company to gain 6% before falling dramatically. Tesla stock tanked as Musk offloaded [$22.9 billion](https://www.forbes.com/sites/dereksaul/2022/12/15/elon-musk-has-now-sold-229-billion-in-tesla-shares-since-buying-twitter-and-dragged-down-teslas-market-cap-by-700-billion-in-the-process/?sh=2a0f017268b6) worth of his shares in the company to finance his Twitter deal, though Musk [vowed](https://www.forbes.com/sites/nicholasreimann/2022/12/22/musk-promises-not-to-sell-more-tesla-stock-but-hes-broken-vow-before/?sh=63d8cc0d5266) in December to not sell any more Tesla stock for at least two more years. The credits, which Tesla sells to other automakers coming in below federal emission guidelines, are a That’s how much Tesla received in automotive regulatory credits, roughly 2% of all revenues. Tweet” and admitting to the struggles of balancing running the social media giant and Tesla, [writing](https://twitter.com/elonmusk/status/1618319479662055426), “It is not possible for me to fix every aspect of Twitter worldwide overnight, while still running Tesla and SpaceX, among other things.” [Tesla’s Brand Is Tanking, Survey Finds](https://www.forbes.com/sites/alanohnsman/2023/01/12/teslas-brand-is-tanking-survey-finds/?sh=6017f86b2b78) (Forbes) [Big Tech Stocks Lose $200 Billion After Microsoft Sets Off Earnings Recession Whistles](https://www.forbes.com/sites/dereksaul/2023/01/25/big-tech-stocks-lose-200-billion-after-microsoft-sets-off-earnings-recession-whistles/?sh=720851796eea) (Forbes) [Elon Musk Trial: Tesla CEO Says ‘I Thought I Was Doing The Right Thing' In Testimony Over Tweet](https://www.forbes.com/sites/dereksaul/2023/01/24/elon-musk-trial-tesla-ceo-says-i-thought-i-was-doing-the-right-thing-in-testimony-over-tweet/?sh=6d185ac56dc6) (Forbes) Tesla [slashed](https://www.wsj.com/articles/tesla-cuts-prices-across-models-sold-in-u-s-11673586100?mod=article_inline) prices on its cars by as much as 20% earlier this month in a surprise move that Morgan Stanley analysts called a “response to slowing incremental demand relative to incremental supply,” with the company previously reporting quarterly vehicle deliveries that [fell short](https://www.forbes.com/sites/alanohnsman/2023/01/02/tesla-posts-record-ev-deliveries-in-fourth-quarter--but-misses-expectations/?sh=553106f19795) of expectations. But Musk furthered his commitment to Twitter on Wednesday, changing his profile name on the site to “Mr. [key driver](https://www.forbes.com/sites/greatspeculations/2021/11/29/will-regulatory-credits-continue-to-bolster-teslas-profits/?sh=8dc0d9062d82) of the company’s profitability as Tesla can pocket nearly all of the sales. [broader tech selloff](https://www.forbes.com/sites/dereksaul/2023/01/25/big-tech-stocks-lose-200-billion-after-microsoft-sets-off-earnings-recession-whistles/?sh=720851796eea) following Microsoft’s bleak earnings report after Tuesday’s close. [decline](https://www.forbes.com/sites/alanohnsman/2023/01/12/teslas-brand-is-tanking-survey-finds/?sh=6017f86b2b78) of Tesla’s net favorability since Musk bought Twitter. Musk has served as Twitter CEO for the last three months, though he’s indicated he hopes to soon name a replacement.

Good afternoon, everyone, and welcome to Tesla's fourth quarter 2022 Q&A webcast. My name is Martin Viecha, VP of investor relations, and I'm joined today by ...

It's like easy -- I think easy to predict long term but hard to predict the time in between now and then. They work the hardest and they work the smartest. But the -- as we get closer and closer to solving real-world AI, and we don't see anyone even close to us in achieving this, the value -- I think you appreciate this and a few others do, but most don't know what I'm talking about. So as a quick follow-up, Elon, I was thinking about like FSD, and when you look at like the situation today compared to a year ago, it's -- like the progress has been like amazing in the quality of the product but also its rollout. My guess is if the recession is a serious one, and I think it probably will be but I hope it isn't, that would lead to meaningful decreases in almost all of our input costs. And I think it will blow people's minds when they -- when we reveal them. And of course, you're missing the car that you love and the one you actually want to drive. And to be clear, for 2023, Cybertruck will not be a significant contributor to the bottom line, but it will be next year. I have the most interactive account -- social media account, I think, maybe in the world, certainly on Twitter, and that actually predated the Twitter acquisition. Something that I think some of these smart retail investors understand but I think a lot of others maybe don't is that the -- every time we sell a car, it has the ability, just from uploading software, to have full self-driving enabled, and full self-driving is obviously getting better very rapidly. And so, I wanted to make sure that I shared that with the investor community as well because that is what we're primarily managing to now. And just as a reminder, the ASP reduction is not as large as the reduction in configurator prices.

A lot could go wrong with Tesla's (TSLA) fourth quarter earnings call after the markets close on Wednesday. The market seems to be in agreement with T.

The author makes no representations as to the accuracy, completeness, or suitability of this information. The author will not be held responsible for information that is found at the end of links posted on this page. Support can be found at $128.50, especially in the case of a poor call. The author has not received compensation for writing this article, other than from FXStreet. The firms provide voting advice to institutional shareholders and index funds. Musk stated under oath that he had been in talks with the Saudi sovereign wealth fund about taking Tesla private at $420 a share in 2018, adding that the price tag was only coincidentally the same as the number that references cannabis. "Musk needs to rip the band-aid off and lay a more realistic delivery target for 2023 so the Street will have confidence in this number," wrote Dan Ives of Wedbush Securities recently. Oppenheimer says that Tesla needs to keep vehicle gross margins in the mid-20s despite its recent price cuts. Tesla delivered more than 405,000 units in Q4 alone, a new record for the king of electric vehicles. Zhu is now in charge of Tesla's North America and Europe production and sales operations as well. Observers will be excited to see if the China-born Tom Zhu makes an appearance on Tesla's earnings call since some have predicted he will eventually become CEO of Tesla. A large number of predictions have been released of late, but one wonders how Musk's own prediction of a recession in 2023 will affect this delivery number.

Tesla Inc. reported better-than expected profits in the latest quarter, even as it gave mixed signals on the outlook for growth in vehicle deliveries.