- Reinhardt Coetzee
Tesla

Another earnings period is here, with $TSLA being one of the most ๐ฎ๐ป๐๐ถ๐ฐ๐ถ๐ฝ๐ฎ๐๐ฒ๐ฑ companies to watch. Let's take a look a the stock and business performance this year and what to expect when the company reports after market close tomorrow.
Tesla (TSLA) is a trailblazer in the electric car market and emerged as the biggest winner of 2020 in the auto industry despite the major downturn in the sector due to the pandemic. The auto manufacturer is ranked the fastest growing brand in several global 2020 rankings.
Teslaโs success in 2020 is evidenced by its ever-rising stock price and stands at around $439, which is 738% higher than it was 12 months ago. In the past 5 years, its stock has risen by 73.8% per year on average, and its market capitalization has increased to over US$400 billion. Teslaโs market cap is now larger than GM, Ford, and Fiat combined. This fact underscores Teslaโs meteoritic rise, and it is not done yet.
โพ ๐ง๐ฒ๐๐น๐ฎโ๐ ๐ค๐ฎ ๐๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐ต๐ฎ๐๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ฆ๐ฒ๐๐ฒ๐ฟ๐ฎ๐น ๐๐๐๐ถ๐บ๐ฎ๐๐ฒ๐
On July 22nd, 2020, Tesla issued its Q2 earnings report, and it shattered several estimates set by analysts for the quarter. The electric automaker reported revenue of $6.04 billion, beating Wall Streetโs expectation of $5.12 billion by nearly a billion. Its stock has soared 400% in 2020 alone and more than doubled since July 1.
It reported earnings of $2.18 per share, while Wall Street was expected a loss of 12 cents. Teslaโs Q2 2020 earnings report was its fourth consecutive profitable quarter, which brought the company closer to being admitted to the S&P 500. On August 11, the company announced a 5-for-1 stock split that came into effect on August 31. The expectation of joining the S&P 500 coupled with stock split rallied its stock price to a 52-week high stock price of $502.49. Tesla delivered 90,650 cars in the quarter and outperformed estimates of around 70,000 cars for Q2 by over 20,000.
โพ ๐ช๐ต๐ฎ๐ ๐๐ผ ๐ฒ๐ ๐ฝ๐ฒ๐ฐ๐ ๐ณ๐ฟ๐ผ๐บ ๐ค๐ฏ
Tesla is expected to issue its Q3 2020 earnings report on October 21. Its EPS is expected to increase from 37 cents reported in Q3 2019 to 56 cents for Q3 2020. Teslaโs revenue for the quarter is expected at $8.26 billion, which is a 31% increase year-over-year. Analysts are expecting EPS of 60 cents and believe that Teslaโs stock price can soar again before the end of 2020 to reach $700. Just like Elon Musk, Tesla is intriguing in its own unique way and will continue to entice interest for many years to come. Its growth speed, performance, projections, and the ever-increasing demand for electric cars make it an exciting stock to watch long-term.
โพ๐ช๐ต๐ฎ๐ ๐บ๐ฎ๐ธ๐ฒ๐ ๐ง๐ฒ๐๐น๐ฎ ๐ฎ๐ป ๐ฎ๐๐๐ฟ๐ฎ๐ฐ๐๐ถ๐๐ฒ ๐๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐?
Tesla is the fastest-growing auto manufacturer and the darling of many investors for a reason. When it comes to investing in auto manufacturers, you have to analyze its output and preorders to understand what it holds in the future. Tesla delivered great results in Q2 even though it operated the entire quarter at limited capacity after the shutdown of its plant in Fremont, California.
The plant has returned to full production with additional machinery to ramp up production of its best-sellers โ Model 3 and Model Y. The company is in the process of building a new plant in Texas and a mega factory for Model Y in Berlin. It recently started to make the Model 3 at its new factory in Shanghai to cater to the growing demand for the model in China and is also being expanded to manufacture Model Y.
Both Berlin and Shanghai plants will be delivering Model Y in 2021 and is on track to deliver Semi, its new big-rig truck model, also in 2021. The company recently launched its futuristic Cybertruck with 185,000 already preordered. It is also on track to start delivering over 130,000 cars per quarter and over 500,000 cars yearly.
One of Tesla's biggest advantages over rivals is its lead in battery technology and is perfectly positioned to take advantage of the expected increase in demand in the coming years. It has enough experience, resources, and expertise to lower the cost of its batteries significantly in the next few years. Low-cost batteries will extend its leadership in the battery sector and will contribute immensely to its growth.
Revenue from Tesla's energy business is increasing rapidly and is projected to reach over $200 billion in 10 years. It is projected to reach 2.5 million car deliveries and $100 billion in revenue by 2025. At this rate, Tesla could be making $500 billion-plus in revenue and can reach a $2 trillion market cap in 10 years.
๐๐ช๐ด๐ค๐ญ๐ฐ๐ด๐ถ๐ณ๐ฆ: ๐ ๐ฐ๐ธ๐ฏ ๐๐ฆ๐ด๐ญ๐ข ๐ช๐ฏ ๐ฎ๐บ ๐ฑ๐ฐ๐ณ๐ต๐ง๐ฐ๐ญ๐ช๐ฐ ๐ข๐ฏ๐ฅ ๐ต๐ฉ๐ช๐ด ๐ช๐ด ๐ฎ๐บ ๐ฑ๐ฆ๐ณ๐ด๐ฐ๐ฏ๐ข๐ญ ๐ท๐ช๐ฆ๐ธ ๐ข๐ฏ๐ฅ ๐ข๐ฏ๐ข๐ญ๐บ๐ด๐ช๐ด ๐ฐ๐ง ๐ต๐ฉ๐ฆ ๐ค๐ฐ๐ฎ๐ฑ๐ข๐ฏ๐บ ๐ข๐ฏ๐ฅ ๐ด๐ฉ๐ฐ๐ถ๐ญ๐ฅ ๐ฏ๐ฐ๐ต ๐ฃ๐ฆ ๐ต๐ข๐ฌ๐ฆ๐ฏ ๐ข๐ด ๐ช๐ฏ๐ท๐ฆ๐ด๐ต๐ฎ๐ฆ๐ฏ๐ต ๐ข๐ฅ๐ท๐ช๐ค๐ฆ.