Tesla Plummets after earnings - Treat or Threat?
The whole world is paying attention to Tesla's financial report today!
Tesla
EPS fell short of expectations, falling 15.29%. Wall Street predicted 0.614, but the actual return was only 0.52.
Revenue, on the other hand, beat expectations, announcing revenue of 25.5B, while the forecast was 24.54B.
Total revenue in the second quarter increased 2% year over year to $25.5 billion. On a year-on-year basis, revenue is affected by the following factors:
• Growth in energy generation and storage business
• Cybertruck delivery
• Higher regulatory credit income
• Growth in services and other businesses
• S3XY model average selling price (ASP) lower (excluding foreign exchange impact) due to pricing, attractive financing options and product mix
• Decline in S3XY model deliveries
• Negative foreign exchange impact of US$30 million
Next is to look at the following:
1. How can the announcement of new models stimulate and drive revenue?
2. Robotaxi has been postponed from August, looking forward to the next update
Robotaxi
3. Energy has grown by 100% YoY. Can it reach new highs?
4. Tesla humanoids, Optimus implementation status.
Tesla Optimus
Personally, I did feel the worst is already over for Tesla. We can see that its revenue is recovering with several exciting products going to be launched, although delayed. Therefore, I remain pretty optimistic for Tesla $Tesla Motors(TSLA)$
For those who want to collect Tesla, probably you can keep an eye on the share price as this round of pullback might be a great opportunity. I will monitor somewhere near 200-220 USD. Good luck everybody and at your own risk ya.
@TigerStars @Daily_Discussion @TigerGPT @Tiger_comments @MillionaireTiger @CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Tesla (TSLA) Stock Analysis
As a professional financial analyst, I have analyzed Tesla's stock based on various dimensions. Here are the key findings:
Business and Industry Growth: Tesla operates in the electric vehicle (EV) industry, which is expected to grow significantly in the coming years. With its innovative products and strong brand presence, Tesla is well-positioned to benefit from the increasing demand for EVs.
Earnings and Forecast: Tesla's recent earnings report showed that its EPS fell short of expectations, but revenue beat forecasts. Looking ahead, analysts forecast that Tesla's EPS will be $2.59 for FY2024, $3.37 for FY2025, and $4.24 for FY2026. The company is expected to experience growth in gross income and EBIT in the coming years.
Trend Analysis: The current support price for Tesla is $247.8, and the resistance price is $251.8. The average cost of the stock is $211.32. As of the latest available data (2024-07-24), the stock price is $246.38.
Valuation Analysis: Analysts have provided target price estimates for Tesla. The mean target price is $200.97, with a low estimate of $24.86 and a high estimate of $310.0. The analyst recommendation for Tesla is as follows: 8 recommend, 14 buy, 17 hold, 7 underperform, and 4 sell.
Capital Flow Analysis: The recent capital flow data for Tesla shows mixed trends. Over the past five days, there have been both inflows and outflows. However, on a single-day basis, the outflows have been slightly higher than the inflows.
Based on the analysis above, it is important to note that investing in the stock market carries inherent risks, and stock prices can fluctuate. The information provided should not be considered as investment advice. Investors are encouraged to conduct their own research and analysis before making any investment decisions.
Please note that the above analysis is based on available data and market conditions at the time of the analysis. It is always recommended to stay updated with the latest news and developments related to Tesla and the EV industry.
Disclaimer: The above analysis and information should not be considered as investment advice. Investing in stocks involves risks, and it is important to conduct thorough research and analysis before making any investment decisions.
When to buy?