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Tesla (TSLA) is set to announce its first quarter 2019 financial results today


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Posted

There’s going to be a lot to talk about this quarter.  Tesla has made a lot of weird moves during the first 3 months of the year that made them look like they were under an important cash crunch.

We are talking about things like the new rounds of layoffs, announcing that they are closing most stores but then not closing most stores but slashing retail employee compensation, and offering important discounts through temporary price changes.

Tesla’s management is going to have to go over some of those moves in more detail during the earnings.

All of that is likely going to make this quarter’s call a lot grimmer, but there could be some more exciting moments.

For example, Tesla could go over the launch of the Model Y, which was launched during the first quarter. More specifically, Tesla could release Model Y pre-order backlog, which would be interesting. Though I think they would have already done that if it was significant.

Either way, we are going to have an idea of it through the customer deposit line in Tesla’s earnings.

Tesla could also try to ride the momentum of the many announcements made earlier this week, but I think that’s unlikely, especially when it comes to the Autonomy Day since that was already held for investors and analysts.

Finally, I think Tesla could potentially address a possible capital raise. It’s something that we have been pushing for a while now and while Musk has mostly been shutting down the idea, he appeared to be a little more open to it during the Autonomy Day.

Tesla Q1 2019 Earnings

Earnings per share, or maybe loss per share, it is hard to tell this quarter.

The Wall Street consensus is a loss of $1.21 per share for the quarter, while Estimize’s prediction is a smaller loss of $0.79 per share.

Earnings per share over the last two years – Estimize predictions in blue – Wall Street consensus in grey – Actual results in green:

Screen-Shot-2019-04-24-at-5.41.22-AM.jpg

Tesla Q1 2019 Revenue

Wall Street’s revenue consensus for Tesla during the first quarter is $5,779 billion and Estimize, the financial estimate crowdsourcing website, predicts a slightly higher revenue of $5,865 billion.

Of course, they are both predicting an important drop from the last quarter when Tesla made $7.2 billion.

The predictions for Tesla’s revenue over the past two years – Estimize predictions in blue – Wall Street consensus in grey – Actual results in green:

Screen-Shot-2019-04-24-at-5.34.03-AM.jpg

Obviously, the important estimated revenue drop comes due to the already announced drop in deliveries quarter-over-quarter.

That said, if Wall Street is right, it would still represent a massive growth in revenue compared to the same quarter last year when Tesla reported $3.4 billion in revenue.

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Posted

Stock value perige chances unnaya leva. Adhe maaku kavali antunna bots

Posted

as usual gaa oka peda big rod ani @macha uncle telling

Posted
5 minutes ago, Idassamed said:

Stock value perige chances unnaya leva. Adhe maaku kavali antunna bots

stable ga unte chalu anukondi, ekkuva adigithe deport chestam antunna @TRUMP sarkar

Posted

bought at 268 ammeseda ani thinking

but generally speaking it will get back in a day or two

Posted
9 minutes ago, snoww said:

@tacobell fan vuncle. entha invest sesav Tesla lo 

Not into any stocks uncle. Farmers. emi expect chestav

Posted
1 minute ago, dasara_bullodu said:

bought at 268 ammeseda ani thinking

but generally speaking it will get back in a day or two

doubt unte sagam tesai..

3 day rule edanaa

but I am shorting this for this ER

Posted
2 minutes ago, tacobell fan said:

Not into any stocks uncle. Farmers. emi expect chestav

sSc_hidingsofa

Posted

Musk uncle Jan lo tolded no Q1 unprofitable ani.

Entha worst ga undabothondo danni batti eroju crash depend ai untadi

Posted

Musk gaadu oka tikkalodu...vaani stock meeda nammakam ledu antunna yellow fans

Posted
2 hours ago, tacobell fan said:

Not into any stocks uncle. Farmers. emi expect chestav

AP lo priests and farmers are rich ani @futureofandhra bro cheppadu

Posted
Just now, ARYA said:

:( 

@ARYA uncle endhi emina unnaya Tesla shares?

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