Jim Cramer & Rob Maurer Discuss Tesla's Q1 Earnings + Key Takeaways (04.27.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 27 April 2021
⏱️ 16 minutes
🧾️ Download transcript
Summary
➤ Jim Cramer & Rob Maurer join Katherine Ross to discuss Tesla stock's reaction to the company's Q1 earnings report and investor conference call
➤ How strong were Tesla's financials?
➤ Understanding Tesla's margins
➤ Tesla's stance on digital currencies
➤ Tesla's aspirations to outsell Toyota
➤ Elon Musk's missed promises
➤ What's going on with Tesla Solar?
➤ Supply chain impacts and chip shortages
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | So one of the biggest earnings reports to come so far this week has been Tesla and that |
| 0:12.0 | came last night. |
| 0:13.0 | Now I want to bring on his very special guest, Rob Mauer, a host of Tesla Daily and an investor |
| 0:16.5 | in Tesla. |
| 0:17.5 | Now Rob, I want to start by discussing Tesla's overall earnings, which should be Wall |
| 0:21.1 | Street expectations and revenue was up 74% from a year ago, Ken Tesla keep this momentum |
| 0:25.8 | going. |
| 0:27.8 | Yeah, definitely think so. |
| 0:28.8 | I think what we're seeing a little bit with the sell-off today is probably a lot of excitement |
| 0:33.5 | that tends to build into earnings and then when there's no massive surprise or something |
| 0:38.0 | like that, although the test did beat, they were driven a little bit by some one-time |
| 0:42.1 | items. |
| 0:43.1 | When there's no massive surprise or updated guidance or something like that, investors |
| 0:46.5 | kind of move on to the next thing. |
| 0:47.9 | But for investors that are willing to take a long-term view on Tesla, which most people |
| 0:51.4 | should be, this is a really decade-long growth story as we've talked about. |
| 0:55.9 | I think there's a lot to be excited about from their earnings report yesterday. |
| 1:00.2 | Rob, how much money did they really make after back up the credits and back up Bitcoin? |
| 1:07.0 | Yeah, so they reported a non-gap net income of just over a billion dollars. |
| 1:12.2 | Half of that was regulatory credits, so about half a billion there. |
| 1:15.4 | Then a hundred million came from the sale of Bitcoin. |
| 1:17.8 | So Tesla and Kiwan acquired about one and a half billion in Bitcoin. |
... |
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