Tesla (TSLA) Q2 2021 earnings call preview: What Wall Street expects

Tesla (NASDAQ:TSLA) is expected to release its second-quarter earnings results this coming Monday after markets close. Tesla’s Q2 earnings report is highly-anticipated, especially as the company posted record numbers in the second quarter despite headwinds like a global chip shortage that has adversely affected the automotive industry worldwide.  Tesla reported that it produced a total […]

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Tesla’s Chief Accounting Officer sells over 4,450 shares for nearly $3M

Tesla’s Chief Accounting Officer Vaibhav Taneja has unloaded 4,459 shares of the electric automaker’s stock, taking home $2,947,330 due to the sale, SEC documents reveal. On July 6th, Vaibhav sold 4,459 shares for unknown reasons, according to a Form 4 filing with the Securities and Exchanges Commission. A Form 4 is the necessary paperwork needed […]

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Tesla Aviation? Morgan Stanley says yes, and it could be worth $1,000 per share

Tesla (NASDAQ: TSLA) has already changed the automotive industry for the better through its development of industry-leading electric cars. However, the company’s work is far from over. While the automaker is still trying to figure out the next revolutionary breakthrough in EV development, the analysts at Morgan Stanley believe that Tesla will eventually expand its […]

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Tesla (TSLA) Q2 2021 earnings call set for July 26

Tesla (NASDAQ:TSLA) has announced that it would be posting its financial results for Q2 2021 after the market closes on Monday, July 26, 2021. The company would be issuing a brief advisory with a link to its Q2 2021 Update Letter, which will be accessible from Tesla’s Investor Relations website.  A live Q&A session is […]

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Tesla China’s Model Y Standard Range rollout brings upside to suppliers: JP Morgan

Tesla’s recent rollout of the Model Y Standard Range variant in China is bringing on critiques of positivity from some investment firms, including JP Morgan, who believes the introduction of the new crossover configuration will lead to upside for not only the automaker but its suppliers as well. On July 8th, Tesla China officially launched […]

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Tesla’s Q2 2021 results are proof of a true growth story: Loup Ventures

The second quarter of 2021 was not an easy one for Tesla (NASDAQ:TSLA), with the company dealing with several headwinds from both its own operations and the global supply chain. Despite this, Tesla posted record deliveries once more, highlighting the fact that the company’s growth story is in the slope of its growth S-curve.  According […]

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Deutsche Bank weighs in on Tesla’s (TSLA) Q2 2021 deliveries and earnings

Deutsche Bank firmly maintained its $900 price target on Tesla and gave TSLA stock an investment-grade BUY rating. The investment bank adjusted its Q2 earnings and revenue estimates for Tesla, although its gross margin for the company remains at 23.5% or 26.5%, excluding regulatory credits. Deutsche Bank lowered Tesla’s earnings estimate to $0.97 per share […]

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RBC expects Tesla to post record 195k deliveries for Q2, says 200k Street consensus is too high

RBC Capital Markets has issued a quick update on its estimates for Tesla’s (NASDAQ:TSLA) second-quarter results. According to the firm, Tesla would likely deliver 195k vehicles this Q2, which is impressive but lower than the Street’s current consensus. RBC also highlighted the growing importance of China to Tesla’s numbers, as well as some factors that […]

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Tesla (TSLA) keeps momentum as it shrugs off “recall” news from China

Just recently, news broke that Tesla would be “recalling” 285,000 vehicles in China, over 90% of which were produced in Gigafactory Shanghai. Initial reports and posts on Twitter from media outlets gave the impression that the news was grave, but what was conveniently left out was the fact that the “recall” would be addressed through […]

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Longtime Tesla battery partner Panasonic sells entire TSLA stake

Tesla battery partner Panasonic has sold its entire stake in American electric car maker Tesla for about 400 billion yen ($3.6 billion). As per a filing submitted on Friday, Panasonic effectively offloaded all its TSLA stock by the end of March 2021.  As of March last year, the Japanese conglomerate held about $730 million worth […]

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