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Tesla (TSLA) earnings Q4 2021

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Elon Musk, the founder and chief engineering officer of SpaceX speaks at the Satellite 2020 Conference held in Washington DC United States, March 9th 2020.

Yasin Ozturk | Anadolu Agency | Getty Images

Tesla reports fourth-quarter results for 2021 on Wednesday after the bell.

Here are what Wall Street analysts think:

  • Earnings (adjusted): $2.36 per share expected, per Refinitiv
  • Revenue: $16.57 billion expected, per Refinitiv

It comes amid the turmoil of most important tech earnings season in years. Nasdaq’s January has been the worst since 2008. Many investors are beginning to doubt high-growth stocks and have started to lose faith in them.

By 2021 Tesla delivered 936,172 vehiclesThis is 87% more than 2020, when the company reported its first ever annual profit from 499,647 deliveries. The company delivered 308.600 electric vehicles during the fourth quarter in 2021. Tesla reports that deliveries are close to the sales figures.

Elon Musk CEO and other executives will give an update on progress of the long-delayed Semi truck, Cybertruck pickup and plans for driverless car systems.

Investors want to know when production of high volume vehicles and deliveries will start at the various factories in Austin and Brandenburg.

If Musk’s tweets indicate, Tesla might temper its guidance on supply chain issues. On November 29, 2021, he wrote on Twitter, “Oh man, this year has been such a supply chain nightmare & it’s not over! On the next earnings call, I’ll provide an up-to-date product roadmap.

In 2020, Tesla said it would begin producing its newest model — the crossover SUV known as the Model Y — at its new factories in 2021. It had previously planned to use 4680 of its own battery cells in the production of those models. This was revealed by Tesla in September 2019. They could increase Tesla’s electric car range by up to 10%.

These plans were thwarted by the second coronavirus pandemic that was characterized both by port and chip shortages. Tesla fared betterMore than any other North American automaker throughout.

Tesla currently stands on the edge of Model Y production in Austin and delivery from Austin. However, it is still not making commercially available battery cells.

In the fourth quarter of 2020, Tesla’s Energy division — which installs solar photovoltaics, and sells energy storage systems ranging from home backup batteries to grid-scale projects — reported $752 million in revenue but it was in the red. Tesla Energy posted $806 million revenue and only $3 million profit in its third quarter.

Tesla’s solar business was a disaster in 2021. Customers are now suing the company for a class-action lawsuit. The company did however install large energy storage units all around the globe. Musk repeatedly stated that the company can make. sell far moreIf Tesla’s car business didn’t consume so many of the available batteries and chips, it would not be able to charge its energy storage system.

The company has been growing steadily since Tesla’s earnings call. acceptingThe cryptocurrency dogecoin can be used for non-vehicle purchase in January 2022. Following the sharp decline in bitcoin’s price last week, Tesla CFO Zach Kirkhorn will likely be asked questions regarding the Tesla cryptocurrency holdings.

Tesla reached a market cap of $1 trillion after the third-quarter earnings reports. Shares soared after Hertz’s announcement that its battery-electric vehicle fleet would be expanded with an initial order for 100,000 Teslas before the end 2022. Musk later clarifiedHertz was yet to offer Tesla a contract.

Musk is now a billionaire. sold more than $16 billionhis Tesla shares.

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