Tesla (TSLA) Revenues Q4 2021

SpaceX founder and chief engineer Elon Musk will speak at the Satellite 2020 Conference in Washington, DC, USA on March 9, 2020.

Yashin Ozturk | Anadolu Agency | Getty Images

Tesla We will report the results of the fourth quarter of 2021 on Wednesday after the bell.

Wall Street analysts expect:

• Revenue (adjusted): Expected $ 2.36 per share per Refinitiv
• Revenue: $ 16.57 billion is expected for each refinitiv

The report is The most important technology revenue season in a few years.. Nasdaq has suffered the worst January since 2008, as many investors have begun to suffer from the promise of high-growth tech stocks.

In 2021 Tesla delivered 936,172 vehiclesAn increase of 87% compared to 2020, when the first annual profit was reported with 499,647 deliveries. Delivery in 2021 included 308,600 electric vehicles in the fourth quarter. (Delivery is the closest approximation to the sales reported by Tesla.)

CEO Elon Musk and other executives will provide the latest information on the company’s long-term delayed heavy-duty semi-trucks, experimental Cybertruck pickups, and self-driving car systems and plans for a $ 25,000 compact car.

With factories built in Austin, Texas and Brandenburg, Germany, shareholders also want to know when mass vehicle production and delivery will begin at each plant.

Tesla’s guidance can be suppressed by supply chain issues if Musk’s tweets are any sign. On November 29, 2021, he wrote on Twitter:

Tesla announced in 2020 that it will begin production of the latest model (a crossover SUV known as the Model Y) in its new plant in 2021. The company also planned to use its own Table 4680 battery cell, announced in September 2019. In those vehicles. These cells could help increase the range of Tesla’s electric vehicles by more than 10%.

However, these plans were postponed during the second year of the coronavirus pandemic, characterized by a tip shortage and port constraints.Tesla I did well Throughout from other North American car makers.

Today, Tesla is on the verge of producing the Model Y and delivering it from Austin, but has not yet manufactured a commercial table battery cell.

In the fourth quarter of 2020, Tesla’s energy division, which installs solar power and sells energy storage systems ranging from household backup power to grid-scale projects, reported revenue of $ 725 million. However, it was in the red. In the third quarter of 2021, Tesla Energy reported revenue of $ 806 million and a profit of only $ 3 million.

Tesla struggled with the solar business in 2021 and is currently facing a class action proceeding from a customer who is particularly dissatisfied with the sudden price increase. However, the company has installed large-scale energy storage systems around the world.Musk repeatedly says that a company can make Sell ​​much If Tesla’s automotive business did not consume much of its battery and chip supply, its energy storage system

The company has started since Tesla’s last earnings announcement accept Dogecoin, the cryptocurrency for some non-vehicle purchases in January 2022. Then, with the plunge in Bitcoin prices last week, Tesla CFO Zach Kirkhorn could be skeptical about the value of Tesla’s cryptocurrency holdings.

Tesla has reached its $ 1 trillion market cap for the first time since its third-quarter earnings report. Share surged again after car rental company Hearts announced that it would “finally increase the number of battery-powered electric vehicle vehicles with an initial order of 100,000 Tesla.” 2022. ”Musk Clarified later Tesla has not yet signed a contract with Hearts.

Since then, musk has Sold over $ 16 billion The value of his Tesla stock.

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