4.8 • 1.1K Ratings
🗓️ 20 October 2021
⏱️ 14 minutes
🧾️ Download transcript
➤ Analyst consensus estimates are set ahead of Tesla’s Q3 earnings report
➤ Understanding the differences between earnings forecasts and how to contextualize Tesla’s results
➤ Bank of America and Morgan Stanley issue TSLA updates ahead of earnings
➤ NHTSA expected to make two new staff appointments
➤ Tesla Cybertruck spotted with side-view mirrors
➤ News on Tesla’s gigafactory in New York
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Jeffrey Yu
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
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0:00.0 | Hey everybody Rob Mauer here and today we do finally have the analyst consensus estimates |
0:11.8 | for Tesla's Q3 earnings report so I do want to spend a little bit of time just comparing |
0:15.7 | that versus my forecast and talk about some of the reasons for the big differences and |
0:20.5 | we've got some news on Nitsa Nitsa has appointed a new senior safety advisor so we'll talk |
0:24.9 | about that choice. |
0:25.9 | We've also got some analyst updates ahead of earnings some news on the cyber truck |
0:29.6 | and a couple other stories as well. |
0:31.5 | Quick look at the stock, Tesla today ending its six day run of finishing positive, closing |
0:35.3 | down to 2.34% to $864.27 that did significantly trail the NASDAQ which was positive on the day |
0:42.1 | 7.10% of a percent. |
0:43.4 | Alright so first up today I just wanted to spend a couple of minutes talking about the |
0:46.9 | analyst consensus estimates we do finally have those now so you can see them all here |
0:50.2 | in the kind of light gray column there on the right side of the Q3 forecast. |
0:54.6 | Two columns there so one is the company compiled analyst consensus estimates so that's the |
0:59.0 | average across 24 estimates and then the column to the right of that is how my forecast |
1:03.5 | compares to that consensus. |
1:05.5 | So we won't spend a ton of time on this but we'll talk briefly about the differences |
1:08.3 | and what may be driving those because I think that will really help us understand the |
1:12.0 | results when we get them tomorrow. |
1:13.7 | The differences start off right away so if we look at total sales or revenue consensus |
1:17.4 | estimate is about 13.9 billion I'm all the way at 14.6 billion and if you look at the |
1:22.8 | different categories there between automotive energy services and others really the biggest |
... |
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