Tesla Earnings Call Highlights — What I Learned

,” due to selling and administrative costs being about $500 million higher than I expected. This caused the stock to drop about $50 a share until people figured out that two “one time” items caused this increase in expenses. The first unexpected item was a $340 million payroll tax charge related to Elon exercising all the stock options from the 2012 compensation plan that were close to expiring.

The Tesla team mentioned that they are now experts at Heating and Air Conditioning systems and could make a great system for homes that would save a lot of money and energy, but that they have a lot on their plate, so they don’t know when they will get to it. They encouraged other companies to design a better HVAC.

Elon sounded optimistic that their human robot would be an important product. I suspect this is because he has tweeted so much about low birth rates that he is getting more worried about a labor shortage. Elon expects all of their stationary storage to transition to iron-based batteries instead of nickel.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Tesla beats on earnings and revenue, says supply chain issues were 'main limiting factor'The automaker said supply issues will likely persist in 2022, even as income jumped more than 700% in the fourth quarter. Bolsonaro is lying to the world. Do not put your Money in Brasil.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Breaking: Tesla (TSLA) Q4 earnings beat but shares drop 6%Tesla (TSLA) reported earnings for Q4 after the close on Wednesday. Earnings per share came in at $2.54 versus the average estimate of $2.26. Revenue
Источник: FXStreetNews - 🏆 14. / 72 Прочитайте больше »

Tesla Set To Report Record Earnings But Investors Want To Know Where Are The Cybertruck And Model 2? | CarscoopsTesla Set To Report Record Earnings But Investors Want To Know Where Are The Cybertruck And Model 2? | Carscoops carscoops
Источник: Carscoop - 🏆 306. / 63 Прочитайте больше »

Tesla is a 'cash machine' after Q4 earnings, but its next steps are raising eyebrows, analysts sayTesla beat earnings expectations for the fourth quarter on Wednesday, but its product updates did not impress some analysts. Tesla are your after high grade silver!😉 Alien metals just hit the jackpot You meant to say TSLA is still a scam after earnings and still making crappy tincan toy cars in tents that subsequently go wrong with no aftersales service ;-) Just like all the other Musk cons
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »