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Tesla Daily: Tesla News & Analysis

TSLA Earnings Preview Q2-23 (07.18.23)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 19 July 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

➤ Rob Maurer discusses expectations for Tesla’s Q2-23 earnings report
➤ YouTube version: https://youtube.com/live/fRMAXdXuDrw
➤ Earnings context: https://youtu.be/CUwDiyJFov0

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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

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 Tesla's Q2

0:11.2

earnings report.

0:12.2

What to expect for Tesla's Q2 earnings report rather, we'll go through the actual report

0:15.0

tomorrow.

0:16.0

For audio listeners, probably better on YouTube since we'll have some numbers up here.

0:19.6

And we just have a couple other quick items to start with.

0:21.5

So, looking at the stock today, Tesla up 1% to close at $293.34 heading into earnings

0:27.0

tomorrow, the NASDAQ up 3-quarters of a percent on the day to day.

0:31.2

All right, the quick news before we get into earnings discussion is the Gigerbrillen expansion

0:37.0

plans, the permits for these, which will be published tomorrow, a little bit of this

0:40.8

has leaked out already.

0:42.5

So, Tobias Lind on Twitter here sharing a little bit of what we should expect tomorrow,

0:48.0

which is a permit for a brand new building here to the north of the factory.

0:51.9

It looks like this is going to be a square 700 by 700 meter building, apparently.

0:56.6

So, we don't know a whole lot yet, well, I guess we do, we don't know a whole lot new

1:00.5

from this information here, we'll learn more tomorrow, but interesting to see some of

1:04.8

the site plans that should bring Gigerbrillen to a production capacity eventually of 1 million

1:09.9

vehicles per year.

1:10.9

So, did want to point that out quick.

1:13.0

And then before we even talk about any of the earnings numbers, as I say, each quarter,

1:17.4

the purpose of doing this is to help us contextualize things when we go into earnings.

1:22.7

And I think the biggest context that we can provide is that this is just one quarter,

...

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