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2022-10-19

earnings report from the perfume department, in addition to the men's lingerie department of Tesla

Elon Musk May Have a Goodie Bag for Tesla Investors and Fans

Since early October Tesla has all but disappeared from the radar of its charismatic and sometimes wh

Elon Musk May Have a Goodie Bag for Tesla Investors and Fans

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Some experts say he will have to sell additional Tesla shares to close the deal.</p><p>Musk has remained silent on this issue, no doubt for regulatory reasons, because the transaction was revived during the quiet period. That&#39;s the time when there must be no formal or informal discussions between management of a public company and investors or analysts.</p><p>In view of this ultradense activity, Tesla appeared not to have been his priority in the past few weeks. But perhaps not:</p><p>The serial entrepreneur has just indicated that he will be present in person on the third-quarter-earnings call, scheduled for 5:30 p.m. U.S. Eastern on Oct. 19.</p><p>Musk will answer questions from the financial community, as well from Tesla shareholders, about the health of the company and its roadmap as a recession looms.</p><p>&#34;Elon, will you be on the call this Wednesday?@elonmusk,&#34; a Twitter user asked him on Oct. 17.</p><p>&#34;Yes,&#34; Musk responded.</p><h2>Is a Stock Buyback in the Offing?</h2><p>The earnings&#39; call will most likely be the last meeting between Musk and the financial community about Tesla in 2022. He announced an event on Oct. 31, but this one is about his artificial intelligence company Neuralink.</p><p>&#34;After a Cinderella story for Tesla since late 2018 it&#39;s been a painful period ... for the company/investors,&#34; Wedbush analyst Dan Ives said on Twitter.</p><p>&#34;It starts with tomorrow [Oct.19] Musk laying out the EV vision for 4Q and into 2023 with some healthy financial direction for the Street. Needs to set hittable targets-key.&#34;</p><p>During his recent interactions with Twitter users, Musk seemed not to rule out the prospect that Tesla might buy back shares in order to boost the stock price to reflect what the company believes to be its true value.</p><p>&#34;Tesla is having PE ratio compression that can be solved only by buyback and/or by 2x earnings increase,&#34; a Twitter user suggested on Oct. 3.</p><p>&#34;Noted,&#34; Musk responded.</p><p>Tesla is on track to meet or exceed its goal of delivering nearly 1.5 million vehicles in 2022. The company delivered 343,830 vehicles during the third quarter.</p><p>In total, the firm delivered 908,573 units over the first nine months of 2022, compared with 936,172 vehicles in full-year 2021. The company had experienced production disruptions at its Shanghai factory due to China&#39;s zero-covid-19 policy and a factory refresh.</p><p>But the firm also opened two new factories in 2022 -- in Berlin and Austin.</p><h2>Possible News About New Tesla Factories</h2><p>On Oct. 19 Tesla might also announce new features of full self-driving, or FSD, its advanced driver-assistance system.</p><p>&#34;(Actually) Smart Summon is almost done,&#34; Musk posted on Twitter on Oct. 18.</p><p>Summon is an autonomous parking feature that enables a Tesla car to leave a parking lot on its own at point A and pick up its owner at point B.</p><p>As a sign that Tesla seems to be weathering the current downturn pretty well, the company has started production of its electric semi truck, with first deliveries to PepsiCo  (<b>PEP</b>)  scheduled for Dec. 1.</p><p>It is also possible that during the earnings&#39; call Musk unveils the locations where Tesla will build its next factories.</p><p>&#34;2022 is the year we will be looking at factory locations to see what makes the most sense, with possibly some announcement by the end of this year,&#34; Musk said during the company&#39;s 2021 fourth-quarter-earnings call last January.</p><p>In addition, the techno king may provide new information on the long-awaited Cybertruck, the production and first deliveries of which are expected in mid-2023.</p></body></html>","source":"thestreet_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk May Have a Goodie Bag for Tesla Investors and Fans</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk May Have a Goodie Bag for Tesla Investors and Fans\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-19 08:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/elon-musk-may-have-a-goodie-bag-for-tesla-investors-and-fans><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since early October Tesla has all but disappeared from the radar of its charismatic and sometimes whimsical CEO and co-founder, Elon Musk.Apart from a comment on Twitter to explain that the company ...</p>\n\n<a href=\"https://www.thestreet.com/investing/elon-musk-may-have-a-goodie-bag-for-tesla-investors-and-fans\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/investing/elon-musk-may-have-a-goodie-bag-for-tesla-investors-and-fans","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276476431","content_text":"Since early October Tesla has all but disappeared from the radar of its charismatic and sometimes whimsical CEO and co-founder, Elon Musk.Apart from a comment on Twitter to explain that the company had decided not to accelerate the pace of deliveries at the end of each quarter, Musk said little about the electric-vehicle-market leader, which is the bedrock of his immense fortune.He gave a scathing response to an investor who asked him how investors should view Tesla moving forward, in light of the recent updates about Optimus, the humanoid robot the EV maker is building.\"I don’t care about boosting the stock,\" the billionaire responded. \"But the economic implications are obvious.\"Backdrop to the Last Earnings Call of 2022Musk is finalizing the $44 billion acquisition of Twitter. Some experts say he will have to sell additional Tesla shares to close the deal.Musk has remained silent on this issue, no doubt for regulatory reasons, because the transaction was revived during the quiet period. That's the time when there must be no formal or informal discussions between management of a public company and investors or analysts.In view of this ultradense activity, Tesla appeared not to have been his priority in the past few weeks. But perhaps not:The serial entrepreneur has just indicated that he will be present in person on the third-quarter-earnings call, scheduled for 5:30 p.m. U.S. Eastern on Oct. 19.Musk will answer questions from the financial community, as well from Tesla shareholders, about the health of the company and its roadmap as a recession looms.\"Elon, will you be on the call this Wednesday?@elonmusk,\" a Twitter user asked him on Oct. 17.\"Yes,\" Musk responded.Is a Stock Buyback in the Offing?The earnings' call will most likely be the last meeting between Musk and the financial community about Tesla in 2022. He announced an event on Oct. 31, but this one is about his artificial intelligence company Neuralink.\"After a Cinderella story for Tesla since late 2018 it's been a painful period ... for the company/investors,\" Wedbush analyst Dan Ives said on Twitter.\"It starts with tomorrow [Oct.19] Musk laying out the EV vision for 4Q and into 2023 with some healthy financial direction for the Street. Needs to set hittable targets-key.\"During his recent interactions with Twitter users, Musk seemed not to rule out the prospect that Tesla might buy back shares in order to boost the stock price to reflect what the company believes to be its true value.\"Tesla is having PE ratio compression that can be solved only by buyback and/or by 2x earnings increase,\" a Twitter user suggested on Oct. 3.\"Noted,\" Musk responded.Tesla is on track to meet or exceed its goal of delivering nearly 1.5 million vehicles in 2022. The company delivered 343,830 vehicles during the third quarter.In total, the firm delivered 908,573 units over the first nine months of 2022, compared with 936,172 vehicles in full-year 2021. The company had experienced production disruptions at its Shanghai factory due to China's zero-covid-19 policy and a factory refresh.But the firm also opened two new factories in 2022 -- in Berlin and Austin.Possible News About New Tesla FactoriesOn Oct. 19 Tesla might also announce new features of full self-driving, or FSD, its advanced driver-assistance system.\"(Actually) Smart Summon is almost done,\" Musk posted on Twitter on Oct. 18.Summon is an autonomous parking feature that enables a Tesla car to leave a parking lot on its own at point A and pick up its owner at point B.As a sign that Tesla seems to be weathering the current downturn pretty well, the company has started production of its electric semi truck, with first deliveries to PepsiCo  (PEP)  scheduled for Dec. 1.It is also possible that during the earnings' call Musk unveils the locations where Tesla will build its next factories.\"2022 is the year we will be looking at factory locations to see what makes the most sense, with possibly some announcement by the end of this year,\" Musk said during the company's 2021 fourth-quarter-earnings call last January.In addition, the techno king may provide new information on the long-awaited Cybertruck, the production and first deliveries of which are expected in mid-2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":84,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}