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Tesla Daily: Tesla News & Analysis

Preview: Tesla Q2-22 Earnings (07.19.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 20 July 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

Watch on YouTube: https://youtu.be/y-vMDUwW67I

➤ What to watch for in Tesla’s upcoming Q2 earnings report, and a serious red flag in consensus estimates
➤ Tesla produces 2 millionth vehicle in Fremont
➤ New Supercharger info
➤ Judge allows for expedited hearing in Twitter case

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Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283

Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
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

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, Rob Mauer here and today we are going to be going through what to expect

0:11.3

for Tesla's Q2 earnings report tomorrow, of course we'll have our live coverage of that

0:14.9

as we usually do.

0:16.3

Going through what to expect today, both from my estimates and from the consensus expectation

0:19.9

which I actually feel like there's a pretty big red flag with in that I want to point out.

0:24.9

And then we also do have a few other news items that we'll cover here quickly at the beginning.

0:29.1

So starting off the market, obviously a really strong day for the NASDAQ today, up 3.1%

0:33.7

Tesla not quite keeping pace with that underperforming most of the day, but still finishing

0:37.1

up 2%, closing at $736.59 as we head into earnings tomorrow.

0:42.6

After hours, we are seeing some slight increase in the stock price and the market in general.

0:47.7

Not sure why there's that little dip on the visualization, but Tesla's up about

0:50.9

a half a percent was up about 1% earlier.

0:53.4

As we had talked about yesterday in Netflix, we scheduled to report earnings after hours

0:56.7

today.

0:57.7

They did beat expectations.

0:59.5

We talked about how they had guided for a net decline in subscribers by about 2 million.

1:05.8

And that only declined by about 1 million.

1:07.6

So ahead of their guidance and they did beat earnings expectations as well.

1:11.9

So there's stock is up after hours that's helping out all sort of like tech and growth

1:16.1

companies as well.

1:17.9

So if anything at least we don't get the down arrow from Netflix this time around like

1:23.3

we did for Q1.

...

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