TESLA Q1 2023 Earnings Out 19 Apr. "OK" Only I Think.
$Tesla Motors(TSLA)$ will be releasing its Q1 2023 quarterly earnings on Wed, 19 Apr 2023 - after US market closes.
Every fan, investor and punter will be waiting eagerly to see what earning results the world’s first commercially successful EV maker will deliver.
Gentle reminder : In past quarter earnings, whenever Tesla falls short of market expectations in EV delivery (especially), its stock price will suffer the wrath of the analysts’ poison pens.
“Bleak” posts about Tesla will splash across the headlines almost immediately, leading to a “plunge” in Tesla stock price for the next few sessions and then some more.
From a layman’s view point, I think this is the main reason why mr musk has decided to slash its EV prices again and again, in a “desperate” bid to maintain “volume” sales at the expense of “profit margin”.
Mr musk knows only too well what will happen if he fails to meet the delivery numbers.
NOTES :
In 2023, China remains as the world’s largest EV market and US is a closed third (with only 4% EV growth so far).
Looking at above table on the crossover week between Mar & Apr, it is clear for all to see and interpret on which brand is the preferred choice when it comes to EV selection.
Mr musk has found a new distraction even before the dust has settled for Twitter (a $44 Billion acquisition that happened a mere 6 months ago).
This will not sit well with his major shareholders but I don’t think he gives two hoots about what they think. He never had and he never will.
He will bulldoze his way through and do what catches his fancy.
This Is How I See Tesla’s Q1 2023 & More…
Tesla should be able to meet its Q1 2023 delivery numbers; after all the price cuts.
Its profit margin will increase at a “decelerating” rate.
Regardless Tesla stock price (rise or continues to fall), some investors might sell their stakes - full or partial; as long as it does not incur a loss.
His continuous “plastic-surgery” on Twitter will continue to alienate its users from the short-message platform; with its ripple effect taking a toll on Tesla stock price.
His latest AI Chatbot-obsessed antics will have negative impact on Tesla stock price as well because his major shareholders will feel that his availability for Tesla will be further undermined.
In the immediate term, the more news there is about mr musk’s TruthGPT (affliated to ex-president Trump - “TruthSocial” messaging platform ?) Ha, Ha, Ha ! - the more will Tesla share price falls.
Do you think Tesla will report a stellar Q1 2023 quarterly earnings results ?
Do you think you will buy some Tesla shares or add to existing portfolios ?
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Jeffrey Osborne at TD Cowen, lowered his target on TSLA significantly to $150, reflecting decreased estimates for the average selling prices of Tesla vehicles and for the company's profit margin going forward.
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regular car batteries have a trade in value of $22. Keep shorting shorts. We longs will take your money. Go Team Tesla!
TSLA 4-million-mile battery is coming and this will push TSLA to 2 trillion market cap company
Tesla Shareholders stated that EM is far too distracted to run the company.
this chart does not look good, Hondas chart looks good.
Good news releaseing Soon!