Tesla Motors Inc (TSLA) Earnings Preview Q2 2015:
What To Look For Ahead Of The Model X Rollout
Tesla Motors Inc. (Nasdaq:TSLA) is entering an important new phase in its push to overtake Nissan Motors as the automotive history’s biggest electric-car manufacturer. If all goes according to CEO Elon Musk’s plan, the first Tesla Model X sport utility vehicles will hit the streets by late September. And by next summer, the auto world will get its first peek at a prototype for the modestly priced Tesla for Everyman: the Model 3, due out in early 2018.
Musk’s blueprint also includes an expansion of Tesla’s automotive and energy storage production, and hitting milestones in the construction of the company’s multibillion-dollar “Gigafactory” battery facility in Nevada.
Of course, as all these gears spin in unison, a lot could go wrong.
The company is banking on the notion that it can quickly transition from a boutique manufacturer to a mass-producer of electric cars, as it attempts to grow from the roughly 32,000 cars it sold last year to at least 500,000 by 2020. And Tesla’s energy unit, too is dependent on an assumption that businesses and homeowners will rapidly adopt its power storage units.
But any number of missteps could scuttle Tesla’s growth. The company, for instance, is just one automotive safety recall away from the entire operation crashing down on the heads of its exuberant shareholders.
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What to Expect from Tesla Motors Stock After Earnings (Nasdaq: TSLA)
Tesla Motors stock has climbed 17.9% in 2015. Tesla stock could see big moves this week as the company prepares to report Q2 earnings on Wednesday, Aug. 5, after the closing bell.
Tesla Motors Inc. (Nasdaq: TSLA) is expected to report an earnings per share (EPS) loss of $0.60. That compares to a profit of $0.11 from last year. Revenue is expected to come in at $1.17 billion, which would be 36% higher than last year.
Tesla has already announced that it delivered 11,507 vehicles in Q2, which is up 52% from last year – and a record high for the company. Shareholders can expect that number to be touted by the company tomorrow.
Tesla’s wide earnings loss is due to the company investing heavily in construction, engineering, and new staff.
Tesla is currently building the Gigafactory, the world’s largest lithium-ion battery factory, in Nevada. The factory is expected to take a total of $5 billion to complete. By the time it reaches full production by 2020, it should produce enough batteries to power 500,000 vehicles annually
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3 Questions for Tesla Motors, Inc. CEO Elon Musk
What investors need to know about Tesla’s energy storage business and Model S demand before the company’s earnings call on Wednesday.
After the market close on Wednesday Aug. 5, electric-car maker Tesla Motors (NASDAQ:TSLA) will report second-quarter results. While investors will undoubtedly focus on popular metrics found in the company’s annual shareholder letters, such as revenue and EPS, some of the most interesting commentary will probably surface during the conference call following the release.Known for spending more than twice as long as most other CEOs fielding questions during earnings calls, Tesla CEO Elon Musk will probably cover a wide range of important topics.Continue reading Tesla Motors article…
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Tesla Motors Earnings: What to Watch
Model X, China will be in focus when auto maker reports results
EARNINGS FORECAST: Adjusted losses of 59 cents a share is the consensus of analysts polled by Thomas Reuters, compared with an 11-cent a share profit a year earlier. Net losses are forecast to come in at $117 million, more than the $61.9 million loss a year earlier, as Tesla ramped up spending on buildings, engineering and new staff to prepare for growth.
REVENUE FORECAST: Tesla’s revenue is expected to rise 36% to $1.17 billion, on an adjusted basis. Tesla gives an adjusted revenue figure because of the way it accounts for a residual value guarantee that is linked to its lease program. The company already has reported that its vehicle deliveries rose 52% in the three months that ended June 30, but not all of the company’s revenues come from vehicle sales.
WHAT TO WATCH: MODEL X: Tesla is likely to give more performance details about its Model X sport-utility vehicle and perhaps a more definitive timing to start of production. It has been delayed several times, hurting the company’s cash generation. The electric SUV will have a 90 kilowatt-hour battery pack and unique, falcon-wing doors
CHINA: Tesla had a rough start in China last year, but recently the company says it is showing signs of strengthening in the world’s largest auto market. The company may give details on how it is improving its operations there.
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What to Expect When Tesla (TSLA) Reports Earnings
NEW YORK (TheStreet) — Tesla (TSLA – Get Report) is scheduled to announce its earnings results for the 2015 second quarter after the market close on Wednesday afternoon.
Analysts are anticipating a year-over-year decrease in earnings, but a year-over-year increase in revenue for the quarter ended June 30.
The company is expected to post a loss of 60 cents per share on revenue of $1.17 billion, according to analysts surveyed by Thomson Reuters.
Tesla reported earnings of 11 cents per share on revenue of $769.35 million for the 2014 second quarter.
The Palo Alto, Calif.-based company develops and sells electric cars, electric powertrain parts and energy storage systems.
Additionally, Tesla’s vice president of business development Diarmuid O’Connel has recently called for more electric vehicles from the company’s competitors and for higher fuel-efficiency standards, Bloomberg reports.
Tesla stock is down 0.29% to $265.50 in after-hours trading on Tuesday.
Separately, TheStreet Ratings team rates TESLA MOTORS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
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