What to expect from Tesla’s revenue


Tesla (NASDAQ: TSLA) faces close scrutiny over concerns that the driverless features of the electric vehicle maker’s autopilot are unsafe after a recent fatal crash involving one of its vehicles. Critics have pointed out that driverless capabilities lure people into a false sense of security because the system implies that the technology is autonomous when it is not.

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Recently, Tesla’s shares have been more volatile than usual. The stock is up just over 1% from the industry benchmark S&P 500’s 12% gain since early 2021. Therefore, Tesla is hoping to turn the tide by releasing strong results on Monday. for the first trimester.

What is the date of Tesla’s earnings?

Tesla is releasing its results for the first quarter of 2021 on Monday, April 26 at 5:00 p.m. EST.

How can I listen to Tesla’s call for results?

To listen to the call and access the transcript, as well as the shareholder letter and quarterly financial statements, simply go to Tesla Investor Relations Page.

What to expect from Tesla’s revenue

Here are a few things investors will look for in Tesla’s earnings call:

Earnings and revenue growth: Wall Street expects Tesla to post adjusted earnings of $ 0.74 per share, up from $ 0.25 per share in the first quarter of 2020. If the company meets this estimate, it would be Tesla’s seventh consecutive quarter of profit. . Analysts predict that Tesla will report first quarter revenue of $ 10.5 billion, up from $ 6 billion a year ago.

Strong delivery figures: Earlier this month, the company reported stunning first quarter delivery figures. Tesla said it sold 184,800 and produced 180,338 cars, which exceeded analysts’ expectations for 168,000 vehicles. Analysts believe demand for Tesla’s Model 3 and Y is reaching its next stage of growth and say the company could now exceed 850,000 deliveries by 2021. eager to hear any indication of future deliveries.

Discuss chip shortages: The electric vehicle maker still faces chip shortages and supply chain issues, so investors might also like to hear the company’s plans on how it plans to meet its number targets. vehicles with these challenges.

Chinese market dominance: In addition, we can expect Tesla to discuss the company’s successful expansion into the Chinese market during the call. In early April, the automaker’s dominance in China was confirmed when data from the China Passenger Car Association showed that Tesla had delivered 69,280 vehicles to the region for the first quarter. The EV industry has now completely returned to pre-pandemic levels and Tesla is riding this wave with its lead in the local EV market over local rivals NIO and Xpeng.

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