Elon Musk proved cautious during Tesla’s Q3 2023 earnings call, stating that while the Cybertruck is about to enter production, it would take about 18 months before the vehicle becomes a key positive cash flow contributor to the electric vehicle maker. Amusingly enough, Musk’s statement ended up being misunderstood by an analyst during the same […]
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Tesla (NASDAQ: TSLA) Earnings tempered analyst outlooks on the electric automaker’s stock as one firm referred to the call as a “mini disaster,” and another questioned whether shares could be looked at from a growth perspective as CEO Elon Musk advised investors that the company would take a cautious attitude toward the future with uncertain […]
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Tesla’s (NASDAQ:TSLA) Q3 2023 earnings call comes on the heels of the company’s Q3 2023 Update Letter. Tesla remained profitable in Q3, despite a decrease in delivery and production, as well as a reduction in the company’s average selling price. Still, Tesla posted revenues of $23.35 billion and a 7.6% operating margin in Q3 2023. Tesla […]
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Tesla (NASDAQ:TSLA) posted its Q3 2023 earnings report after markets closed today. The results, which were discussed in the Q3 2023 Update Letter, were released after the closing bell on Wednesday, October 18, 2023. Tesla’s earnings come on the heels of a quarter that saw a decline in production and deliveries, thanks in part to […]
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Lucid Group (NASDAQ: LCID) missed Wall Street estimates on deliveries for the third quarter of 2023, and shares responded on Tuesday morning by dropping over 3 percent by 10:20 AM on the East Coast. Lucid said in a press release on Tuesday morning that it delivered 1,457 units of its Air sedan, its first all-electric […]
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Tesla (NASDAQ:TSLA) is expected to hold its Q3 2023 earnings call this Wednesday, October 18, 2023. Analysts are looking to secure updates regarding the company’s margins, as well as ongoing projects such as the Cybertruck and Gigafactory Mexico. Tesla delivered a total of 435,059 vehicles and produced 430,488 cars in Q3 2023. The numbers represented […]
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Tesla’s (NASDAQ:TSLA) third-quarter 2023 earnings call is less than a week away, and investors are already submitting questions for the event’s Q&A session. Similar to past earnings calls, Tesla is gathering inquiries from both retail and institutional TSLA shareholders using investor communications platform Say. As of writing, Say’s webpage for the Tesla Q3 2023 earnings […]
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Longtime Tesla bull Gene Munster of Deepwater Asset Management has weighed in on Tesla’s Q3 2023 vehicle delivery and production report. In a video posted on X, Munster explained that Tesla’s results were quite in line with expectations, especially considering the launch of the new Model 3 and the minor updates to the Model Y. […]
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Tesla (NASDAQ: TSLA) released its Q3 2023 delivery figures today, showing it delivered 435,039 units while producing 430,488. Analysts are reacting to the miss as Wall Street recently cut their predictions of what Tesla would report due to planned production stoppages as plants were shut down throughout the quarter to make way for plant upgrades. […]
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Tesla (NASDAQ:TSLA) has released its Q3 2023 delivery and production report. As per the electric vehicle maker, it was able to deliver 435,059 and produce 430,488 vehicles in the third quarter. Specifically, Tesla delivered a total of 419,074 Model 3 and Model Y and 15,985 Model S and Model X in Q3 2023. Production-wise, Tesla […]
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