Tesla's EARNINGS Just SHOCKED shareholders!

TL;DR

Tesla reported lower-than-expected Q1 earnings and revenue, causing a slight drop in their stock price.

Transcript

all right guys Tesla just released literally a minute ago they were expected to do 86 cents EPS they did 85 cents earnings per share they're expected to do 23.4 billion dollars in Revenue to do 23.33 so they missed on both they're currently down 1.45 1.66 guys remember if you're new to this channel we want you to know we don't look at quarterly ear... Read More

Key Insights

• 🙂 Tesla's Q1 results missed both EPS and revenue estimates, leading to a slight drop in its stock price.
• 🍉 The channel emphasizes long-term value rather than quarterly earnings reports.
• ❓ Tesla's stock has experienced significant volatility over the years.
• 🎴 The company has lowered car prices multiple times this year, leading to speculations about its financial performance.
• 🥳 Tesla's price-to-sales ratio is significantly higher than that of traditional car companies.
• ✋ The return on invested capital is higher for Tesla compared to its competitors.
• ⏫ Analysts expect Tesla's profit and revenue to double in the next four years, indicating continued growth potential.

Questions & Answers

Q: Why did Tesla miss their Q1 earnings and revenue estimates?

Tesla fell short of expectations due to a one cent difference in earnings per share and a $70 million shortfall in revenue. Lowered car prices may have affected their financial performance.

Q: How did Tesla's stock price react to the earnings report?

After reporting disappointing Q1 results, Tesla's stock price dropped by 1.45%.

Q: Why does the channel not place a significant emphasis on quarterly earnings reports?

The channel believes in assessing the long-term value of a business rather than focusing on short-term fluctuations in quarterly earnings.

Q: How does Tesla's stock performance compare to previous years?

Tesla's stock price has experienced significant volatility, with a high of $414 in November 2021, a low of $101 in January 2022, and a current price of $177. It is up 77% from the start of the year.

Summary & Key Takeaways

• Tesla misses Q1 earnings per share (EPS) estimate by one cent and revenue estimate by $70 million.

• The company's stock price decreases by 1.45%.

• Tesla has lowered car prices six times this year, leading to speculations about their financial performance.