Tesla missed slightly on earnings per share. Financials improved but not as much as hoped. EPS was (non-GAAP) was 52 cents per share. There was not positive new guidance on car volumes. This is causing the shares to trade down. The restructuring charges for the layoffs were about $280 million more than expected at $622 …
Tesla Q2 earnings call is today after trading. What will happen with the most important financial qiesitons? Will they beat market expectations on earnings per share? Will they beat on margin? Will good guidance be given by Elon Musk? Tesla investors must watch this before earnings. Here are the other Tesla community forecasts. I will …
Investors are not properly calculating the profits from increased Tesla Cybertruck sales in 2025. Tesla will be making 200,000 to 300,000 Cybertrucks in 2025 and they will each sell for twice as much as a model Y. They will have three times the profit at $24000 vs $8000 for a model Y. Megapack Energy profits …
Article by Steve LeVine of The Information suggests that Tesla is preparing to validate it’s engineering approach for high volume manufacturing of a new version of the 4680 by September. That involves: 1) Finally implementing a dry coated cathode 2) Scaling up a fix to an issue where the jelly roll would collapse into the …
Jordan at the Limiting Factor projects magapack energy demand. He does his usual excellent job but he does not factor in increased energy demand from AI data centers. AI data centers could more double the amount of overall world energy needed by 2040. The overall energy demand used in Tesla Master Plan part 3 did …
Nextbigfuture has calculated and projected the contribution of Tesla Energy to Tesla financials and approximated share price contribution. I have a video that explains the impact and why it will happen. There is also an overview of how this and the FSD and AI is taking Tesla into more than a car company. Brian WangBrian …
Nextbigfuture has calculated and projected the contribution of Tesla Energy to Tesla financials and approximated share price contribution. Until earlier this week there was no contribution to the share price. Energy has been profitable but the $300-400 million of gross profit was less than 10% of the $3-4 billion of gross profits. However, Tesla Energy …
The China Renewable Energy Engineering Institute (CREEI) reports that by the end of 2024, China is set to add 190GW of solar capacity and 70GW of wind. The NEA reports China added 217GW of solar power and 76GW of wind power in 2023 – to reach a total capacity of 1,050GW. China needs 15 Tesla …
Chinese solar module manufacturers are ramping to more than 750 GW of modules in 2024. This will be over 50% annual growth over the 499 GW they delivered in 2023, according to the China Photovoltaic Industry Association (CPIA). China solar manufacturing industry should produce 820 GW of solar cells, up from the 545 GW in …
The ITER (International Tokomak) fusion reactor currently being built in France will not achieve first operation until 2034 – almost a decade later than previously planned and some 50 years after the project was first conceived in 1985. The decision by ITER management to take another 10 years constructing the machine means that the first …
Finally, Tesla Energy has arrived. Tesla installed 9.4 GWh of energy this is over double the 4.0 GWH last quarter. This should be about $3.8 billion in quarterly energy revenue alone and nearly $1.0 billion in gross profits. Tesla is officially more than a car company with Tesla energy a major thing. Tesla car deliveries …