To The Moon

Click to vote. Guess how will Tesla close Thursday 20/7 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. Tesla is set to post its Q2 2023 earnings after the market close on Wednesday. Analysts expect Tesla’s revenues to come in at $24.475 billion, marking year-over-year growth of about 45%. Adjusted earnings are likely to come in at about $0.817 per share, according to Bloomberg's expectations. Lets's guess where TESLA will move following their earnings? Tesla's Q2 2023 earnings call will be held on 20 July 2023 at approximately at 5:30 SGT. To set a reminder, please click here 🔙 Latest Results Tesla reported a lower-than-expected gross margin for the first quarter of 2023 as a series of aggressive price cuts aimed at spurring demand in a sagging economy and fending off rising competition took their toll. As a result, the company's total gross margin stood at 19.3%, compared to analysts' expectations of 22.4%, marking the lowest level since Q4 2020. Earnings per share: 85 cents adjusted vs 85 cents expected, according to the average analyst estimate compiled by Refinitiv Revenue: $23.33 billion vs $23.21 billion expected, according to Refinitiv estimates 📒TESLA Q2 earnings consensus Analysts expect Tesla’s revenues to come in at $24.475 billion, marking year-over-year growth of about 45%. Adjusted earnings are likely to come in at about $0.817 per share, according to Bloomberg's unanimous expectations. Tesla has a "neutral-to-slightly negative" setup heading into its upcoming earnings report, according to a Citi Research analyst. Citi's Itay Michaeli said that bears worry that Tesla's "stretched valuation" will make the stock "vulnerable going into a quarter that will again be impacted by price cuts, with any margin shortfall or even just unimpressive numbers possibly dampening sentiment." Conversely, he notes consensus expectations for the year don't seem particularly aggressive, while "the Q2 delivery beat leaves room for an upward guidance revision." He boosted his price target on Tesla shares to $278 from $215 but kept a neutral rating on them. Jefferies analyst Philippe Houchois maintained Tesla a Hold rating and upped the price target from $185 to $265. The second quarter will mark a trough in Tesla's auto gross margin, said Houchois in a note released. The analyst said he expects second-quarter revenue to come in at $24.7 billion, up 6% sequentially and 46% higher than a year ago. Tesla Earnings Preview: Another Blowout Quarter and a Trough in Auto Gross Margin 💰Event Details Click to vote. Guess where $Tesla Motors(TSLA)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins. ⏰Event Duration The deadline for this event is 21:00 on 20th July 2023 🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖 📖For a beginner's guide to financial statements, click here