Q3-22 Earnings Preview (10.17.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 17 October 2022
⏱️ 23 minutes
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Summary
➤ Rob Maurer walks through what to expect for Tesla’s Q3 2022 earnings report and conference call
➤ YouTube link: https://youtu.be/7OH9p7ubbH4
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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
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, Rob Mauer here, and today we are going to go through my earnings preview |
| 0:11.4 | for Tesla's Q3 earnings report, which will be on Wednesday after market close. |
| 0:16.2 | Of course, do what we normally do, the live stream of the shareholder letter when that comes |
| 0:20.0 | out, as well as the earnings call where I'll take notes, so make sure to tune in for |
| 0:23.5 | that. |
| 0:24.5 | But today we're going to go through the numbers. |
| 0:25.6 | As you can see on screen here, I'm not going to hide them, I kind of already spoiled my |
| 0:28.3 | final number on Friday anyway. |
| 0:31.4 | I did slightly tweak that over the weekend, increasing it a bit, but I do want to go through |
| 0:35.9 | why my forecast are what they are. |
| 0:37.4 | We'll also take a look at analyst consensus as well. |
| 0:41.0 | And as you can see, I am expecting a little bit of a beat here for Tesla for Q3. |
| 0:46.8 | So first things before we even get into that though, we got to take a quick look at |
| 0:50.2 | the stock price. |
| 0:51.2 | I won't put it on screen, but Tesla today up 7%, so a nice recovery from the action that |
| 0:56.0 | we had last week, closing at $219.35, so a lot. |
| 1:00.9 | Pretty much in that range where we closed at oftentimes last week, but sure feels better |
| 1:04.9 | after an up 7% day. |
| 1:06.9 | The NASDAQ today up about 3.5% so Tesla performing almost the two X beta that we're kind of used |
| 1:14.0 | to seeing. |
| 1:15.0 | Alright, so getting into the earnings preview here, first we'll just go through some |
| 1:18.9 | of the numbers that I'm forecasting. |
... |
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