Ford reports strong Q2 and raises 2021 outlook, 120k F-150 Lightning reservations

Ford Motor Company (NYSE: F) reported a better-than-expected second quarter on Wednesday, recording positive earnings per share but slightly missing Wall Street’s consensus for automotive revenue. However, the company raised its Full-Year 2021 expectations following the profitable quarter, indicating that it is selling more expensive vehicles more often. Additionally, Ford updated shareholders on the progress […]

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Tesla co-founder’s battery recycling firm gets a cushy $700M investment round

Redwood Materials, a battery recycling company founded by Tesla co-founder J.B. Straubel, has announced a $700 million investment round from external investors. The round was led by funds and accounts advised by T. Rowe Price Associates, Inc., and includes contributions from Goldman Sachs Asset Management, Baillie Gifford, Canada Pension Plan Investment Board, and Fidelity. Additionally, […]

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Tesla price targets move as analysts unravel massive Q2 earnings beat

Following Tesla’s (NASDAQ: TSLA) second-quarter Earnings Call that took place on Monday evening, analysts tasked with following the automaker’s stock have revised their price targets, working to unravel the massive beat that the company reported. Here is a quick rundown of what a few analysts are saying and how their outlook of the stock has […]

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LIVE BLOG: Tesla (TSLA) Q2 2021 earnings call summary

With its second-quarter results that include $11.958 billion in revenue and $1.1 billion of GAAP net income, Tesla (NASDAQ:TSLA) has all but proven that it could be a sustainable business. With Q2 2021 in the bag, after all, Tesla has now posted eight profitable quarters in a row, and that’s despite an ongoing chip shortage […]

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Tesla (TSLA) Q2 2021 earnings soundly beats Wall St’s estimates

Tesla’s (NASDAQ:TSLA) second-quarter for 2021 saw the electric car maker post $11.958 billion in revenue. The results, which were discussed in the Q2 2021 Update Letter, were released after the closing bell on Monday, July 26. Tesla’s second-quarter was impressive, with the electric car maker producing a total of 206,421 vehicles, an astounding number considering that Q2 […]

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Tesla’s Q2 Earnings Call and how it differs from 2020’s in a big way

Tesla (NASDAQ: TSLA) is set to report Earnings for Q2 2021 later today. Just a year and four days after it revealed its financial performance for Q2 2020, its performance during the second quarter of this year is vastly different from that of last year. With an emerging need for the company’s vehicles and energy […]

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Tesla Q2 2021 earnings results: What to expect

Tesla’s (NASDAQ:TSLA) is scheduled to post its second-quarter financial results later today after markets close. A live Q&A session would be held by Tesla’s management at 2:30 p.m. PT (5:30 p.m. ET), which would allow the company to discuss several key developments in its projects, as well as potential headwinds that investors could expect for […]

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Top questions TSLA investors want answered in the Q2 2021 earnings call

Tesla investors have voted for the top questions they want the company’s executives to answer at the Q2 2021 earnings call. The questions, which were submitted by both retail and institutional investors, were aggregated on Say.com. Top Retail Investor Questions As usual, some of Tesla Daily host Robert Maurer’s questions made it to the top of […]

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Tesla bull predicts that FSD could bring $102B profit by 2032: Report

Loup forecasted that Tesla’s booked operating profit from upfront FSD purchases and subscriptions will increase from $600 million in 2021 to $102 billion by 2032. Tesla finally released Full Self-Driving (FSD) Beta V9 this month. Tesla also launched FSD subscriptions in July.  TSLA bull Loup believes that FSD subscriptions would make Tesla drivers more open to the autonomous software. […]

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Rivian announces a $2.5B funding round, bringing grand total to $10.5B

Rivian has announced another successful private funding round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company, along with funds and accounts advised by T. Rowe Price. Third Point, Fidelity Management and Research, Dragoneer Investment Group, and Coatue participated in the second investment round of 2021. The funding round brings Rivian’s grand […]

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