Tesla Tops off 2021 Earnings. Will Tesla Stock Go Up or Down Friday?

MillionaireTiger
2022-01-27

$Tesla Motors(TSLA)$ reported fourth-quarter results that came in stronger than expected on Wednesday. Shares fell as much as 5% in extended trading on Wednesday after the automaker warned supply chain issues could persist throughout 2022, but later rebounded into slightly positive territory.

  • Earnings (adjusted): $2.52 per share, vs. $2.36 per share expected
  • Revenue:$17.72 billion, vs. $16.57 billion expected

Vehicle Capacity

CEO Elon Musk said on the company’s earnings call that he expects Tesla to remain “chip-limited” in 2022, and that the company would introduce no new vehicle models this year as a result. “We will not be introducing new vehicle models this year. We will still be parts constrained.” He said the company would instead work on engineering and tooling to create those future vehicles.

Vehicle Delivery

Tesla's vehicle deliveries, which rose 70.9% YOY, were one of the primary drivers of the company's revenue growth for the quarter. The electric vehicle (EV) maker's annual vehicle deliveries for FY 2021 rose 87.4%, surpassing the company's goal of 50% growth for the year. Tesla's primary business is making electric vehicles, and it needs to continue expanding production in order to grow revenue and profits.

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  • MillionaireTiger
    ·2022-02-07
    Congrats to Tigers! Your comments are rewarded by 10 Tiger Coins! Check your account on [Me] - [Tiger coins] - (Upper Right Corner). Please feel free to contact me if you have any questions! @charleneeeee @Soonyee @zzann @Jaenelle @ccLim @Darren77 @MarkN @Zack44 @niclam @Tangomago
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  • LittleDragon
    ·2022-02-03
    I wouldn’t be surprised that tesla commercialised flying vechicle
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  • DanZillaXD
    ·2022-02-03
    Tesla has huge potential being the pioneer in EV, they have an advantage in their innovations in using AI technologies, batteries etc. This is a stepping stone to what future EV will be in future.
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  • koolgal
    ·2022-02-02
    Tesla share price is up with production doubling this year and demand is sky high for Tesla's EVs!  Next Target 1000! Go Tesla! 🚀🚀🚀🌙🌙🌙
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  • TheCrazyOne
    ·2022-01-30
    I hope it dropped so I can buy
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    • CHUMOI: 
      Ok
      2022-01-30
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  • EthanLiew
    ·2022-01-30
    Now that ev is making tesla profit and the ec scene is getting congested. Tesla looking robots may give then a headstart. Giving investors something to look out for
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  • DesmondChin
    ·2022-01-31
    It's time for some correction, overrated
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    • gupzbajaj: 
      definitely
      2022-01-31
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  • RedpillBluep
    ·2022-01-31
    It doesn't really matter, all is but temporary. There is only only one way for Tesla, to the moon it is....or to the Mars?
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  • hj489
    ·2022-01-31
    With rise interest rate soon will affect share price to be down.
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  • Dazza7
    ·2022-01-31
    I m afraid it wemt even lower and we can only stay positive
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  • MrJacK
    ·2022-01-30
    现在其实很大部分在于被马克斯玩弄中。一个发言就能左右上下。
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  • Yoshizawa
    ·2022-02-02
    $特斯拉(TSLA)$ yeah [财迷] [财迷] [财迷]
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  • Michelle Ong
    ·2022-01-31
    Like back thanks
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  • josi0002
    ·2022-01-31
    let's go
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  • henryxie1688
    ·2022-02-04
    keep calm and buy the dip
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  • zzann
    ·2022-02-03
    Up it goes! green technology is the way.
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  • Issac81
    ·2022-02-03
    Hope it go to the moon!
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  • ccLim
    ·2022-02-03
    go up[得意]
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  • pangspurs
    ·2022-02-03
    Musk will bring us to the moon
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  • Sakon
    ·2022-02-03
    Absolute delight
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