Tesla IncTSLA
± MixedCapitalrelevance
Earnings preview with mixed signals: revenue growth and Model Y ramp positive, but negative free cash flow and price competition negative.
Impact on stocks 2
Electrification & Mobility
Tesla IncSpace Economy
Wall Street expects Tesla to beat modest second-quarter vehicle sales when it reports earnings, with revenue forecast at 26.2 billion dollars, up 16 percent from a year ago, and adjusted earnings per share of 50 cents. The new Model Y is now fully ramped globally, and Tesla is competing on price in markets like China and Europe, while the so-called Elon effect is dissipating slightly. Free cash flow is expected to be deeply negative for the quarter due to investments in robots, data centers, and Cybertruck production. There is also ongoing chatter about a potential SpaceX merger with Tesla, which may come up during the company's non-traditional earnings call that features retail investor questions.
Tesla IncEarnings preview with mixed signals: revenue growth and Model Y ramp positive, but negative free cash flow and price competition negative.
