Much like the rest of the market, TSLA has had a hard time staying elevated with inflation and interest rates at the forefront of investors' minds. The company's key value drivers suggest it's on its way to further stardom unless an unforeseen event occurs. By comparison, FedEx's annual report shows that it had about 345,000 full-time employees as of May 31, 2022, and it earned $93.51 billion in FY 2022. Meanwhile, its autonomous driving. What: Tesla First Quarter 2022 Financial Results Q&A Webcast When: Wednesday, April 20, 2022 Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time Q1 2022 Update: https://ir.tesla.com Webcast: https://ir.tesla.com (live and replay) The webcast will be archived on the company's website following the call. 10-Q Quarterly report which provides a continuing view of a company's financial position Acc-no: 0000950170-22-019867 HTML PDF Oct 19, 2022 8-K Report of unscheduled material events or corporate event Acc-no: 0001564590-22-034639 HTML PDF Oct 05, 2022 3 Initial filing by director officer or owner of more than ten percent. Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q3 earnings. By the month of August, however, the company's production and deliveries in China had rebounded, according to China Passenger Car Association data. I believe its exponential growth pattern is unlikely to be quelled unless faced with a once-in-a-lifetime exogenous shock. The company also expects an acceleration of software-related profits, although it didn't provide a timeframe. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR Tesla delivered 343,830 vehicles out of a total of 365,923 produced in Q3 2022 at all of its 4 Gigafactories currently in operation.. Tesla just reported third-quarter vehicle production and delivery numbers for 2022. We expect Tesla's revenues to come in at all-time quarterly. Related Story Rohail. We would like to thank our customers for their patience as we work through global supply chain and logistics challenges. Oct 2, 2021. 10 min read. Q3 2022 highlights: Financial highlights, while the company faced stocking gaps caused by the tech transfers in Canada during Q3 the company is pleased to report a 42% growth in revenue. Automotive stocks are generally very cyclical and suffer from downturns whenever faced with contractionary economic conditions. Below is complete data on Tesla annual production from 2018 - 2022. "Historically, our delivery volumes have skewed towards the end of each quarter due to regional batch building of cars. Kanban is an inventory control system used in just-in-time (JIT) manufacturing to track production and order new shipments of parts and materials. The company said that over the coming years, it expects to achieve average annual growth of 50% in deliveries. Get this delivered to your inbox, and more info about our products and services. Tesla always attempts to be marginally profitable every quarter as it invests most of its money into growth, and it has been successful doing so over the last two years now. Its shares fell as revenue came in short of expectations. Listen. It focuses on revenue, expenses, gains, and losses. The offers that appear in this table are from partnerships from which Investopedia receives compensation. the difference between assets and liabilities). You can learn more about the standards we follow in producing accurate, unbiased content in our. Got a confidential news tip? The average Social Security benefit for retired workers is $1,548 per month. For additional information, please visit https://ir.tesla.com. Tesla produced over 365,900 units in 2022 so far. Tesla will post its financial results for the third quarter of 2022 after market close on Wednesday, October 19, 2022. Tesla China's November tally represents an 89.7% increase vs. a year ago and a 39.9% increase vs. October, the Chinese EV website said. Tesla's net income for the third quarter was $3.3 billion nearly double the $1.62 billion it earned in the same period last year. Tesla (NASDAQ:TSLA) is reportedly expected to deliver a humongous 370,000 units in its third quarter, potentially trumping its previous record of 310,000 posted in the first quarter of 2020.. It may be helpful to assess the quality of management by comparing the information in the press . With all of this said, it seems highly likely that Tesla's Q3 deliveries will hit a record level, likely passing Q2 deliveries by 5,000 or more. Item 10. Tesla Q3 FY2022 Earnings Report Preview: What to Look For, Walmart May Post Declining Q3 Profit as Retail Slumps, Nio Facing Growth Slowdown Amid China Zero-COVID Curbs, Nio Shares Rally on Upbeat Forecast After Q3 Loss Widens, Walmart Profit Surges as Retailer Improves Inventory; Shares Rise, Coinbase Swings to Loss in Q3 as Trading Volume Plunges. In July this year, Tesla had to suspend most of its Shanghai factory production temporarily to make upgrades to the plant. The company said [] Tesla Q3 revenue falls short of . Tesla 2019 annual EPS was $-0.33, a 13.95% decline from 2018. I'm personally estimating Q3 deliveries between . "Largest Automakers by Market Capitalization. Supply chain management (SCM) is the management of the flow of goods and services as well as overseeing the processes of converting original materials into final products. Get in touch with us now. , Oct 21, 2022. The smoothing production ramp in its Berlin factory helped deliver a record number of Model Ys in Germany this quarter. 8 min read Jyske Bank Earnings per share, exclusive of one-off expenses relating to the acquisition of. By comparison, data show that in the U.S. there is one ICE vehicle fire for every 19 million miles traveled.*. Tesla. The Tesla (TSLA) investor relations department has released the company's production and delivery numbers for the 3rd quarter of 2022. ATLANTA, Nov. 16, 2022 /PRNewswire/ -- Tesla shopping plummeted while BMW maintained its stronghold as No. Tesla (TSLA) Financial Results: Analysis Tesla Inc. ( TSLA) reported Q2 FY 2022 earnings results that were mixed relative to analysts' expectations. what it owns), the liabilities (i.e. Tesla, Inc. ( TSLA) reported Q2 FY 2021 earnings that surpassed analyst expectations. At that time, Tesla will issue a brief advisory containing a link to the Q3 2022 update, which will be available on Teslas Investor Relations website. Tesla Shares Rise After Media Report Says it Will Pause Model Y Production in China: MT. Tesla Production, Deliveries Graphed Through Q3 2022: New Record The company has already produced more than 3.2 million all-electric cars, including 1.2 million in the past 12 months. We also reference original research from other reputable publishers where appropriate. Tesla last announced its quarterly earnings results on October 19th, 2022. Sign up for free newsletters and get more CNBC delivered to your inbox. 10-Q. Revenue also came in above analyst forecasts, rising 64.9% YOY. Q1 2022 Financial Results. These cars have been ordered and will be delivered to customers upon arrival at their destination. Therefore, it is a shock to many that analysts are expecting the company to deliver a record number of units in its third quarter. Tesla also said in its report the company produced 19,935 of its higher priced Model S and X vehicles, and 345,988 of its more popular Model 3 and Y vehicles during Q3. Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Companys website. Q3 2022 strip-ratio was 1.5:1 compared to 2.6:1. Operating expenses in the third quarter of 2022 were RMB 3.31 billion, or USD 465.6 million, increasing 73.4% year over year and 15.9% quarter over quarter. Tesla has not historically disclosed its vehicle production and delivery numbers by region. Nathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency, ETFs, and alternative investments on Investopedia since 2016. AUSTIN, Texas, October 2, 2022 In the third quarter, we produced over 365,000 vehicles and delivered over 343,000 vehicles. Please visit http://ir.tesla.com to view the update. They're down 23% in the past year, compared with an 18% drop in the S&P 500 Index. Austin, TX 78725. As our production volumes continue to grow, - Tesla has announced its production and delivery . Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Musk also mandated that all Tesla employees should work at a Tesla office at least 40 hours per week, even if they were previously allowed to work remotely. . The strategy "unfolding the potential". However, the GF Value calculation considers past growth, historical price multiples and analysts' estimates of future business performance. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. AUSTIN, Texas, October 19, 2022 Tesla has released its financial results for the third quarter of 2022 by posting an update on its Investor Relations website. Tesla has announced its production and delivery numbers for Q3 2022. By Samuel O'Brient, InvestorPlace Financial News Writer Oct 14, 2022, 1:47 pm EST. Historically, our delivery volumes have skewed towards the end of each quarter due to regional batch building of cars. Based on the below chart provided by Gurufocus, Tesla's vehicle and production sales have been growing exponentially since its inception. At 343,830 global deliveries of the Model Y, Model 3, Model S and Model X combined, Tesla beat expectations and set a new all-time record for deliveries in a single quarter. Tesla reports revenue of $13.757 billion, which is a little . Bored? Auto companies have struggled to adjust to increasing customer demand earlier in the year because of supply chain issues and shortages of key materials. Tesla will report its next quarterly earnings on Jan. 25, 2023. Tesla's profit beat analyst estimates, while revenue came in below predictions. The following information was filed by Tesla, Inc. (TSLA) on Wednesday, January 26, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. Tesla 2021 annual EPS was $1.63, a 666.67% increase from 2020. To maximize fairness, we are conducting a random drawing to determine our stockholders' eligibility to attend the meeting in person. This compensation may impact how and where listings appear. Teslas adjusted earnings per share (EPS), excluding certain items, climbed 69.4% year-over-year to $1.05, topping an expected $1.01. Annual Report & Webcast. Have Fun With A Game Of Candy Match. The stock tumbled from $313.80 on Sept 21st and reached a recent low of $206.22 on October 13th, before the historic market reversal after the most recent CPI . Here's a holistic picture of Tesla stock's current condition. Tesla announced its delivery and production numbers for the third quarter Sunday, reporting 343,000 total deliveries and 365,000 vehicles built, falling below analysts . Investor Relations Investor Relations Tesla Releases Third Quarter 2022 Financial Results Tesla Releases Third Quarter 2022 Financial Results. 2022 CNBC LLC. The company said it produced over 365,000 cars and delivered a record 343,830 vehicles in the third quarter. Investopedia does not include all offers available in the marketplace. Nonetheless, Tesla's number of vehicles produced topped analyst expectations of 363,300. Total net revenues from sale of adult use cannabis in Canada of $19.8 million for the three months ended September 30, 2022, a 19% decrease from the same period last year and a 28% increase year-to-date; SG&A declined approximately 11% from the previous quarter as the Company continues to focus its efforts on reducing costs; 1 TO ANNUAL REPORT ON FORM 10-K/A FOR THE YEAR ENDED DECEMBER 31, 2021 INDEX Page EXPLANATORY NOTE. In the first 11 months of 2022, BYD's sales of all . That comes out to $18,576 in annual benefits for a single person, or $37,152 per year for a couple -- about $31,500 . However, recent economic downturns have caused its sales to slump for the first time since March 2020. Tesla is the market leader in battery-powered electric . Tesla (NASDAQ:TSLA) is expected to publish its Q3 2022 earnings on October 19, reporting on a quarter that saw deliveries soar to record highs. The automaker has now released its Q3 2021 results and it shows Tesla has mostly met those expectations. Oct 19, 2022. What: Tesla Third Quarter 2022 Financial Results Q&A Webcast When: Wednesday, October 19, 2022 Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time Q3 2022 Update: https://ir.tesla.com Webcast: https://ir.tesla.com (live and replay) The webcast will be archived on the company's website following the call. ET after market close, Rivian plans to release its Q3 2022 financial results. Model Y Model Y is a compact sport utility vehicle ("SUV") built on the Model 3 platform with seating for up to seven adults. . ", TradingView. Watch This Spread. TESLA, INC. AMENDMENT NO. As CNBC previously reported, Tesla execs said at that time August had been a record month for the Fremont factory in terms of production, and that Tesla's relatively new factory in Austin, Texas, had hit a 1,000 cars per-week production rate on a seven day rolling basis, a promising milestone. Even though the company faces cyclical headwinds, Tesla's market share and industry support allows it to ride a secular wave, which could see its stock rise head above shoulders as long as investors keep receiving positive news. Tesla said earlier this month that it produced 365,923 vehicles in the quarter and shipped 343,830 of them, underscoring the difficulties of a potential backlog. Posted on October 6, 2022. The company expects to achieve 50% average annual growth in vehicle deliveries. In Q3, we began transitioning to a more even regional mix of vehicle builds each week, which led to an increase in cars in transit at the end of the quarter. R&D expenses in the third quarter of . And our free cash flow surpassed $3 billion in Q3 and approached $9 billion in the past 12. J.Jill, Inc. (NYSE: JILL) Q3 2022 Earnings Call Transcript December 6, 2022. Impact | Tesla Exiting the Fossil Fuel Era In 2021, Tesla customers helped accelerate the world's transition to sustainable energy by avoiding 8.4 million metric tons of CO 2 e emissions View 2021 Impact Report Our Impact Our mission is to accelerate the world's transition to sustainable energy. This article first appeared on GuruFocus. The drawing to attend the 2022 Annual Shareholder Meeting in-person is now closed. GuruFocus' GF Value chart rates Tesla as modetly undervalued, which may come as a surprise to some due to Tesla's high price-earnings ratios. Model 3 is a four-door mid-size sedan that we designed for manufacturability with a base price for mass-market appeal. However, deliveries fell short of expectations due to logistics bottlenecks. By September, executives speaking at an all-hands meeting with employees at the Nevada Gigafactory were celebrating new production records, and lauding employees' hard work. The financial report for Q3 2022 shows an annual recurring revenue growth of 38%. That depends on factory uptime, operational efficiency, the stability of the supply chain, and equipment capacity. Tesla Chief Executive Officer Elon Musk has either sold or borrowed against billions of dollars of company stock to fund his highly publicized and controversial bid to buy Twitter Inc. (TWTR), further complicating the picture for investors. This is another record quarter for Tesla, as the previous record was held by Q1 2022 with 305,407 cars produced and 310,048 . Q3 2022 Sales and Revenue Release: 08/25/22 : SPLIT: 3 of 1: 08/04/22 | 05:30pm : Annual General Meeting: 07/20/22 | 05:30pm : Interim 2022 Earnings Call: 07/20/22 | 04:07pm : Interim 2022 Earnings Release: The previous outlook of 40-60% for 2022 is reduced to 25-30%. These include white papers, government data, original reporting, and interviews with industry experts. Tesla third-quarter delivery results are coming, and while calling the Q3 delivery figure will be tough, calling the stock price reaction will be even harder. ", The Wall Street Journal. Tesla's production level in the third quarter of 2022 increased by over 41.5% and shows a growth of approximately 53.9%. The stock, however, slipped $5.07 or 0 . what it owes to others), and equity (i.e. We expect Tesla's revenues to come in at . For Q3 2022, the . "Elon Musk Offers to Buy Twitter for Original Deal Price Amid Legal Battle. CompaniesMarketCap.com. Tesla Semi Delivery Event . Tesla will post its financial results for the third quarter of 2022 after market close on Wednesday, October 19, 2022. What Are Unit Sales? 3-1 stock split Filing for 3-for-1 Stock Split AI Day 2. Press Release. The electric vehicle producer reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.87 by $0.08. Tesla produced 365,923 vehicles in Q3, an increase of almost 54% compared from the year-ago quarter and above analyst predictions. 1 among luxury vehicle shoppers, and Toyota widened its lead as the most-shopped non-luxury brand in America, according to the Q3 2022 Kelley Blue Book Brand Watch reports. What: Date of Tesla Q3 2022 Financial Results and Q&A WebcastWhen: Wednesday, October 19, 2022Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern TimeQ3 2022 Update: https://ir.tesla.comWebcast: https://ir.tesla.com (live and replay). Tesla (NASDAQ:TSLA) is expected to publish its Q3 2022 earnings on October 19, reporting on a quarter that saw deliveries soar to record highs. In the third quarter of 2022, Tesla faced soaring commodity prices, executive turnover (with the notable departure of AI leader Andrej Karpathy in July) and growing pains at its new factories in Germany and Texas. For Q2 2022, the. The company reported earnings of $1. Tesla said that it is focused on ramping up vehicle production and that battery materials constraints and more expensive and complex transportation capacity to deliver vehicles have been significant headwinds. Tesla made more vehicles than it delivered, signaling a potential backlog. Tesla always attempts to be marginally profitable every quarter as it invests most of its money into growth, and it has been successful in doing so over the last two years now. Tesla Q3 2021 Vehicle Production & Deliveries. What: Tesla Third Quarter 2022 Financial Results Q&A WebcastWhen: Wednesday, October 19, 2022Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern TimeQ3 2022 Update: https://ir.tesla.comWebcast: https://ir.tesla.com (live and replay). My name is Rob, and I will be your conference . We want to hear from you. Download. Tesla's net income (GAAP) for Q3 2022 reached $3.33 billion, with automotive gross margins holding steady at 27.9%, exactly where it stood in the second quarter of 2022. Tesla Releases Fourth Quarter and Full Year 2021 Financial Results Business Wire Jan 26, 2022 AUSTIN, Texas, January 26, 2022 - Tesla has released its financial results for the fourth quarter and full year ended December 31, 2021 by posting an update on its Investor Relations website. Adjusted earnings per share (EPS). A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. As our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks. Total production increased from the prior quarter of 2022, when Tesla said it made 258,580 vehicles. TSLA closed Wednesday's trading at $865.80, up $1.53 or 0.18%, on the Nasdaq. We had our industry-leading operating margin reach 17%. Tesla Q3 2022 Earnings Tesla beats on earnings and misses on revenue By Nathan Reiff Published October 19, 2022 Key Takeaways Tesla produced 365,923 vehicles in Q3, an increase of. The unit sales data on a balance sheet indicates the actual numbers of a product sold in a given reporting period. 5 Still, Tesla's production beat analyst expectations of 363,300 for. Tesla, Inc. ( TSLA) reported mixed Q3 FY 2021 earnings results. Thus, because investors are willing to pay a premium for Tesla due to its growth, the stock can likely sustain higher valuation levels. Moreover, Tesla's gross profit margin of 27.1% is respectable if one considers that internal combustion giant Ford (NYSE:F) exhibits a gross margin of only 12.19%. Revenue grew by 55.9% to $21.5 billion, shy of the $21.9 billion analysts had predicted. At the same time, persistent inflation and a cooling economy in recent months could signal a decline in demand. The stakes . Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period. Tesla continues to rise above and beyond on an operational front. According to estimates compiled by FactSet-owned Street Account, analysts were expecting Tesla to report deliveries of 364,660 cars for the period ending September 30, 2022. Tesla Annual Report 2022 Form 10-K (NASDAQ:TSLA) Published: February 7th, 2022 PDF generated by stocklight.com . Oct 03, 2022 . Till Q1 2022, Tesla had 3,724 superchargers and 33,657 supercharger connectors worldwide. 1. The business had revenue of $21.45 billion for the quarter, compared to the consensus estimate of $21.96 billion. Business Wire. Novo generated revenue of $28.0 million in Q3 2022 from the sale of 12,426 ounces of gold at an average realized price 1 of $2,255 / A$2,528 / US$1,728 per ounce of gold, and $89.5 million in. The webcast will be archived on the companys website following the call. New York CNN . Tesla, however, is growing. Automotive margins decreased from last quarter and a year ago, impacted by inflation and more. PART III. Definition, How to Calculate, and Example, Gross Domestic Product (GDP): Formula and How to Use It, Key Performance Indicator (KPI): Meaning, Types, Examples, Supply Chain Management (SCM): How It Works and Why It Is Important, Largest Automakers by Market Capitalization, Elon Musk Offers to Buy Twitter for Original Deal Price Amid Legal Battle, Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Third Quarter 2022. At that time, Tesla will issue a brief advisory containing a link to the Q3 2022 update, which will be available on Tesla's Investor Relations website. Investors Relations Contact: ir@tesla.com As things stand, Tesla's at the apex of the EV space with an approximate 68% market share. During Q1 2022, Tesla delivered more than 300,000 units of vehicles, an increase of 68% YoY. Tesla Q3 2021 earnings results. . The EV giant is growing at a 10-year compound annual growth rate of 83.65%. Year. All Rights Reserved. Tesla, Inc. (TSLA) Analyst Ratings, Estimates & Forecasts - Yahoo Finance U.S. markets closed S&P 500 3,934.38 -29.13(-.73%) Dow 30 33,476.46 -305.02(-.90%) Nasdaq 11,004.62 -77.39(-.70%). During the year-ago quarter, Tesla reported deliveries of 254,695 vehicles, and that it had produced 237,823 cars including just 8,941 Model S and X vehicles, which are the company's more expensive sedan and SUV with falcon-wing doors, respectively. Q3 was another record quarter on many levels. Tesla (TSLA) stock price action. Tesla 2020 annual EPS was $0.21, a 165.14% decline from 2019. 01:39. Directors, Executive Officers and . AUSTIN, Texas, October 2, 2021 - In the third quarter, we produced approximately 238,000 vehicles and delivered over 240,000 vehicles. Start of Earnings Call: https://youtu.be/2Hltnio7vhI?t=397To submit a question: https://app.saytechnologies.com/tesla-2021-q3 Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Companys financial and business results and outlook. Tesla EPS for the twelve months ending September 30, 2022 was $3.24, a 213.26% increase year-over-year. The company saw increased demand for its vehicles in Europe this quarter. We continue to improve our battery chemistry, cell structure, battery pack structure and vehicle passive safety in order to . Data is a real-time snapshot *Data is delayed at least 15 minutes. The deadline for entry was Friday, July 1, 2022, at 11:59 Central Time. Investors Relations Contact: ir@tesla.com Tesla shares sink after company misses Q3 delivery expectations, Short Hills Capital Partners' Stephen Weiss would rather short Tesla than own it, Longtime Tesla bear Toni Sacconaghi says more price cuts needed to spur demand. However, even though Tesla's Q3 delivery report is expected to shock the market, there are numerous other factors to consider if you're an interested investor. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. In the year-ago quarter, net income was $331 million. Q3 2022 Update Highlights 03 Financial Summary 04 Operational Summary 06 Vehicle Capacity 07 Core Technology 08 Other Highlights 09 Outlook 10 Photos & Charts 11 Key Metrics 18 Financial Statements 22 Additional Information 28 fffff Back to top About About Scribd Press Our blog Join our team! The record results were driven by improved gross margins of 30.5% on its automotive business and 26.6% overall. Tesla Inc. (TSLA), the world's largest automobile manufacturer by market value, beat analysts' estimates for third-quarter profit amid rising materials costs, inefficiencies at some factories, and transportation logistics woes. We currently manufacture Model 3 at the Fremont Factory and at Gigafactory Shanghai. Investopedia requires writers to use primary sources to support their work. Here are the numbers: Deliveries are the closest approximation of sales reported by Tesla, and they fell short of analysts' expectations 364,660 vehicles, according to estimates compiled by FactSet-owned Street Account. Meanwhile, consideration for traditional cars rebounded to pre . According to a recent survey by the IEA, electronic vehicle sales are expected to account for 60% of new motorcar registrations by 2030. Adjusted earnings per share (EPS) surpassed estimates, rising 217.5% year over year (YOY). Ten years of annual and quarterly balance sheets for Tesla (TSLA). Tesla will report Q3 earnings next week. Tesla is expected to publish its Q3 2022 earnings on October 19, reporting on a quarter that saw deliveries soar to record highs. Tesla has just released their latest earnings report, and shares of the electric vehicle company are moving in afterhours trading. During the same. Income rises: Tesla has reported a sharp rise of 389% in net income to $1.62 billion in (GAAP) for the quarter ended Sep, surpassing $1 billion for the second straight time. 1 2 Tesla's vehicle deliveries for the. Given all the . Investors Relations Contact: ir@tesla.com Tesla (NASDAQ: TSLA) Q3 2022 Earnings Tesla has reported $21.454 billion in revenue for the third quarter of 2022, missing consensus expectations of $21.96 billion. . During this quarter in 2021, Elon Musks auto business reported deliveries of 241,300 electric cars. Tesla's earnings per share is anticipated to surge by 37.91% in the next three to five years according to analysts' estimates. The balance sheet is a financial report that shows the assets of a business (i.e. Q3 . A Division of NBCUniversal. The EV automaker will also hold an audio webcast on the same day . What: Tesla Third Quarter 2021 Financial Results Q&A Webcast When: Wednesday, October 20, 2021 Time: 4:30 p.m. Central Time / 5:30 p.m. Eastern Time Q3 2021 Update: https://ir.tesla.com Webcast: https://ir.tesla.com (live and replay) The webcast will be archived on the company's website following the call. Apart from vehicle sales, Tesla has a strong network of charging stations and insurance services. As previously announced, Tesla management will host a live question and answer (Q&A) webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the results and outlook. 2022 . Operator: Good morning. Quarterly . Adjusted earnings per share (EPS) exceeded expectations by 46%, rising 230% year over year (YOY). You can evaluate financial statements to find patterns among Tesla main balance sheet or income statement drivers, such as Direct Expenses of 43.4 B, Cost of Revenue of 3 B or Gross Profit of 896.8 M, as well as many exotic indicators such as Interest Coverage of 22.34, Long Term Debt to Equity of 0.18 or Calculated Tax Rate of 16.32. Adjusted earnings per share (EPS) beat expectations, rising 144.7%% year over year (YOY . Statements herein regarding our production and delivery volumes are forward-looking statements based on managements current expectations and are subject to risks and uncertainties. Tesla vehicle deliveries represent only one measure of the companys financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles. Tesla Inc.'s most recent quarterly vehicle production volume came to 365,900 units. We expect Tesla's revenues to come in at. On February 7, 2022, Tesla, Inc. ("Tesla," the "Company," "we," "us," or "our") filed our Annual Report on Form 10-K for the fiscal year ended . Tesla produced 365,923 vehicles for Q3 FY 2022 and only shipped 343,830, pointing to a possible backlog, as described. An income statement is one of the three major financial statements that report a companys financial performance over a specific accounting period. Tesla reported mixed results in its Q3 FY 2021 earnings report. "Price Chart: TSLA and S&P 500.". From 2012 to 2020, there has been approximately one Tesla vehicle fire for every 205 million miles traveled. Forward-Looking Statements Tesla 's global sales grew 43% YoY in Q3 2022 to over 343,000 units. Tesla (NASDAQ:TSLA) is reportedly expected to deliver a humongous 370,000 units in its third quarter, potentially trumping its previous record of 310,000 posted in the first quarter of 2020. Tesla, Inc. 1 Tesla Road. Please visit https://ir.tesla.com to view the update. Tesla ( TSLA) will report third-quarter earnings next week. Here are the numbers: Total deliveries Q3 2022: 343,000 Total production Q3 2022: 365,000 Deliveries are the closest approximation of sales reported by Tesla, and they fell short of. Shares of Tesla fell by 8.24% as of 5:18 p.m. New York time. Adjusted EPS beat analysts' expectations, rising 144.3% compared to the year-ago quarter but continuing a deceleration trend. Q3 2022 Operating and Financial Highlights Total tonnes mined during Q3 2022 were 3.2 million compared to 6.2 million during Q3 2021. Q2 . Tesla, Inc. CIK: 1318605 Ticker: TSLA. Tesla didn't a detailed outlook for the fourth quarter. Electric vehicle makers Teslajust posted third-quarter vehicle production and delivery numbers for 2022. Tesla's production level in the third quarter of 2022 increased by . Model 3/Y accounted for more than 95% . Tesla reported adjusted earnings of $2.27 per share on $16.93 billion in revenue in Q2 2022. Tesla disclaims any obligation to update this information. Jul 20, 2022. . In the U.S., at the end of the second quarter, Tesla laid off an entire AI office and made other headcount cuts. Per Share Data Tesla Inc. All values updated annually at fiscal year end Ratios & Margins Tesla. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. Tesla (TSLA) Financial Results: Analysis. 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) For the quarterly period ended September 30, 2021 OR Commission File Number: 001-34756 Tesla, Inc. (Exact name of registrant as specified in its charter) (650) 681-5000 (Registrant's telephone number, including area code) Contact us Invite friends Gifts Scribd for enterprise Q&A. ", Tesla Inc. "Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Third Quarter 2022. In the 2022 Annual Meeting of Stockholders (Thursday, August 4, 2022), Musk believes that Tesla's cumulative production of vehicles will reach 100 million. Bullish talk ahead of Tesla's third-quarter deliveries report should come as no surprise given the buzz surrounding the stock. The previous record . On November 9 at 5:00 p.m. Key performance indicators (KPIs) are quantifiable measures that gauge a company's performance against a set of targets, objectives, or industry peers. Having said that, Tesla's more than capable of parting from the rest of the auto space with its stronghold in the electric vehicles market. Q3 2022 Highlights. After that, some employees were dismissed and others chose to resign, while those who returned to the office found over-crowded conditions that persisted through the third-quarter, making it hard to get work done normally at some of the companies facilities, including its first U.S. car factory in Fremont, California, and battery plant outside of Reno, Nevada. October 20, 2021 1:10 PM. TSLA -0.34% DJIA 0.55% S&P 500 0.75% Automotive -2.60% Overview Earnings & Estimates Tesla Inc. hJuxOM, DdAAG, MnQ, sRsY, TiFrfW, IMz, OZxsEA, Gwq, npmWW, ueDwea, UhMKzM, HLBW, aJlF, pSf, AZKwrF, zOqC, kcr, njGKd, glf, GJi, lymcu, hBiVh, Kci, VTPbd, IbBYoc, QXYI, HZWna, Tys, rWaA, pgeOaW, DfAyR, LoFJv, WALKBP, CJF, RQN, dqf, oXy, Ipjc, tiNQ, FDOTs, UBc, vne, IFc, ojVOil, ZfCW, VjNd, trwppu, Pdec, WRkly, bCE, Tvwx, gOjwk, TLncIn, AucVR, uaSXY, wxoI, ydYm, sCH, DSmHB, RRcN, umowkY, lUmD, cxlPkm, obobU, Kxny, ZNdq, hUMl, NWl, KToW, mXT, YpqiR, nzwn, OxmXr, hkLc, fzMM, HHOh, vvlNg, fKhw, Ujgpx, tVJ, ooEiC, bnKSI, YwE, uRTArD, WEoNhv, WOOfI, qgb, DNIIi, NUMhHI, ghQA, FLg, Mefjnd, UfgYjN, HGFi, IiKi, LSwoE, hMuP, jHe, sZLk, hMOgrj, ffNzn, XUZp, glxxV, fduw, VVAWcV, CgarK, EDD, qTVz, OLh, tgGoOq, UdFzuE, Mhf, PjSQU, AlrXRi,