A new round of tech company earnings reports is here, and Tesla is first up. Tesla has been in the spotlight over the past week, with its flying car grabbing plenty of attention, so the market is paying extra close attention to this earnings report.
But looking back at the first two earnings reports this year, we can see that good results and a rising share price don’t necessarily go hand in hand.
Q1 results beat expectations, but the stock fell. In April, Tesla’s revenue and profit both came in above expectations, and its share price briefly rose 4%–5% after hours. But during the earnings call, the company announced plans to invest more than $25 billion in AI, robotaxis, and robots. The next day, its share price fell 3.56%.
In Q2, Tesla sold more cars but made less money. In July, Tesla’s revenue surged 26%, and deliveries hit a record high for the period. But earnings per share were just $0.33, far below the market’s expectation of around $0.50, and the company had a net cash outflow of about $1.1 billion for the quarter. The stock plunged after the earnings report came out.
Now for Q3: the cars have already been sold, with 487,000 vehicles delivered—more than 20,000 above market expectations. The market expects earnings per share of around $0.43–$0.45 this time, and revenue of about $27.9 billion, up from $0.33 per share last quarter.
So there are three key things to watch this time: First, can profits really recover? Second, will AI investment continue to ramp up? Third, when will robotaxis and robots start making money?
If profits rebound and spending slows, the stock may finally get some breathing room. But if Tesla announces even bigger investments without a clear timeline for returns, history could repeat itself. #股票财报季 #马斯克
But looking back at the first two earnings reports this year, we can see that good results and a rising share price don’t necessarily go hand in hand.
Q1 results beat expectations, but the stock fell. In April, Tesla’s revenue and profit both came in above expectations, and its share price briefly rose 4%–5% after hours. But during the earnings call, the company announced plans to invest more than $25 billion in AI, robotaxis, and robots. The next day, its share price fell 3.56%.
In Q2, Tesla sold more cars but made less money. In July, Tesla’s revenue surged 26%, and deliveries hit a record high for the period. But earnings per share were just $0.33, far below the market’s expectation of around $0.50, and the company had a net cash outflow of about $1.1 billion for the quarter. The stock plunged after the earnings report came out.
Now for Q3: the cars have already been sold, with 487,000 vehicles delivered—more than 20,000 above market expectations. The market expects earnings per share of around $0.43–$0.45 this time, and revenue of about $27.9 billion, up from $0.33 per share last quarter.
So there are three key things to watch this time: First, can profits really recover? Second, will AI investment continue to ramp up? Third, when will robotaxis and robots start making money?
If profits rebound and spending slows, the stock may finally get some breathing room. But if Tesla announces even bigger investments without a clear timeline for returns, history could repeat itself. #股票财报季 #马斯克
