Tesla share price

2022 - 4 - 21

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Image courtesy of "The Wall Street Journal"

Tesla Stock Price Jumps After Record Earnings Report (The Wall Street Journal)

The electric-vehicle maker reported a quarterly profit of $3.3 billion and signaled that production would keep growing despite shutdowns in China.

- Target:Up to 60% off - Target Promo Code You may cancel your subscription at anytime by calling Customer Service. The stock rose 7.1% before the opening bell Thursday, trading at $1,046.81 a share.

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Image courtesy of "Fortune"

Tesla stock jumps in premarket trading after glowing earnings report (Fortune)

The electric-car maker's earnings Wednesday showed that Elon Musk's company has not only managed the shortages, but also succeeded in protecting its margins by ...

Tesla also has left smaller EV companies in the rear view mirror. It has also fared better than bigger-volume rivals, such as General Motors Co. and Ford Motor Co., whose shares are down 29% and 23% respectively. The economic and political backdrop also hasn’t dented investor enthusiasm for Tesla shares. Tesla is often compared to the so-called FAANG stocks, which have long enjoyed similar reputations as fast-growing businesses with high valuations and devoted fan bases among investors. The stock rose 7.7% to $1052 at 6:45 a.m. in premarket trading, leaving it down about 0.5% for the year. Tesla’s high price-earnings ratio doesn’t deter its most ardent believers.

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Image courtesy of "Financial Express"

Tesla first quarter results bring the mojo back on the wall street (Financial Express)

The first quarter of 2022 was another record quarter for Tesla by several measures such as revenues, vehicle deliveries and operating profit.

In the past two months, Tesla began deliveries of Model Y from Gigafactory Texas and Gigafactory Berlin-Brandenburg with negligible impact on Q1 gross profit. Challenges around the supply chain have remained persistent for the company. The first quarter of 2022 was another record quarter for Tesla by several measures such as revenues, vehicle deliveries, operating profit and an operating margin of over 19%. Total revenue of Tesla grew 81% YoY in Q1 to $18.8B. The increase in revenue was impacted by the growth in vehicle deliveries and increased average selling price (ASP). Tesla’s operating income improved to $3.6B in Q1, resulting in a 19.2% operating margin.

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Image courtesy of "The Guardian"

Elon Musk poised to collect $23bn bonus as Tesla beats targets (The Guardian)

Electric car giant's CEO says he is not in talks on new bonus scheme after completing 2018 deal early.

Each tranche gives Musk the right to buy 8.4m Tesla shares at $70, a huge discount on the current $977 price of the stock. Instead, Elon’s only compensation will be a 100% at-risk performance award, which ensures that he will be compensated only if Tesla and all of our stockholders do extraordinarily well.” His profit on each tranche could be $7.7bn, or a combined value of $23bn. The payments need to be signed off by the board, and he must hold on to the shares for five years before selling. How many millions of people could be lifted out of current fuel poverty, through energy efficiency and renewable installations, with that bonus – instead of giving one man an even greater fortune to play God with?” The results, combined with the growth in Tesla’s share price performance, mean Musk has hit targets that should lead to a bonus share payout worth about $23bn. The shares jumped 11% in early trading on Thursday to $10.60.

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Image courtesy of "Financial Times"

Musk's conveniently timed $46.5bn Twitter tilt (Financial Times)

We'll send you a myFT Daily Digest email rounding up the latest US & Canadian companies news every morning. Here's why “funding secured” is rising fast on ...

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Image courtesy of "Barron's"

Tesla Crushes Earnings Estimates. Wall Street Is 'Speechless.' (Barron's)

Tesla beat Wall Street's estimates with a stick, shares are rising as analysts pile praise on the quarter.

- Print Article Tesla beat Wall Street’s first-quarter financial estimates with a stick, and the stock was rising as analysts pile praise on report. - Order Reprints

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Image courtesy of "Barron's"

Will Tesla Be the Next Netflix? It Could Be Another Google. (Barron's)

The electric-vehicle company is rapidly becoming the king of the side hustle. History suggests that doesn't have to hurt the stock.

Tesla (ticker: TSLA) bulls believe the other businesses are a good thing, while bears have their doubts. It is a conglomerate of many, many business ideas that are funded by a ultradominant core operation. Tesla is rapidly becoming the king of the side hustle.

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Image courtesy of "Yahoo Finance"

Tesla's Stock Stands Apart From the Growth Pack: Tech Watch (Yahoo Finance)

(Bloomberg) -- Tesla Inc.'s ability to navigate a global supply crunch and exceed Wall Street expectations has given its stock a rare distinction among big, ...

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Image courtesy of "MarketWatch"

Tesla earnings 'strong,' but Wall Street 'not willing to bet on' latest ... (MarketWatch)

Chief Executive Elon Musk was on the earnings call with analysts, and put a timeline on the newest Tesla vehicle: A dedicated “robotaxi,” without steering wheel ...

Toni Sacconaghi at Bernstein said he was “not willing to bet” on the robotaxi. Osborne also worried about the share trajectory. Limited production in the Shanghai factory resumed this week, put the problems are likely to cause a “headwind” of around 50,000 units in the current quarter, Dan Ives at Wedbush said in his note. “Musk on the call talked about a very quick production ramp already happening in China which was music to the ears of investors on pins and needles around this main artery being shutdown since late March,” Ives said. Margins are likely to come down as Tesla “evolves to be a truly mass market player and prevailing supply imbalances alleviate, we believe that margins may continue to improve through the remainder of the year,” Sacconaghi said. On the positive side, Tesla’s operating margins excluding EV credits are at 16%, “at the very high end of auto makers and well above traditional luxury vendors,” Sacconaghi said.

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Image courtesy of "Forbes"

Will Tesla Stock Gain Post Q1 Results? (Forbes)

Tesla is slated to report its Q1 2022 results on Wednesday, April 20. We estimate that Tesla's revenue will come in at about $17.6 billion for the quarter, ...

We value Tesla at about $640 per share translating into a market cap estimate of about $720 billion or over 2.5x the market cap of Toyota, which is the world’s largest automaker in terms of volume and the second-largest by market value. Tesla has already reported its delivery figures for the first quarter, noting that total deliveries for Q1 stood at 310,048, marking an increase of about 68% versus last year, driven by surging sales of its Model 3 and Y vehicles and a recovery in Model S and X sales, after the company paused production for some time last year to make way for upgraded models. We estimate that Tesla’s revenue will come in at about $17.6 billion for the quarter, rising by about 69% versus last year and roughly in line with consensus estimates.

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