Let's get down to business: What can I earn after Tesla’s earnings?
Hi mooers!
This week, businesses accounting for 29% of the S&P 500 index's market value are poised to disclose their financial reports. In the distinguished "Magnificent 7," $Tesla (TSLA.US)$ and $Alphabet-A (GOOGL.US)$ took the lead in these announcements.
In Q2, Tesla's adjusted earnings per share slightly missed expectations at 0.52 versus 0.6. Revenue exceeded forecasts at 25.5 billion, with a net profit of 1.478 billion compared to the expected 1.806 billion. The gross profit margin outperformed expectations at 18%, but free cash flow fell short at 1.34 billion, below the expected 1.92 billion.
Forecasts suggest a rise in production volume for the upcoming quarter. The global penetration rate of electric vehicles showed growth in Q2, capturing market share from traditional internal combustion engine vehicles. Anticipations point to a significant slowdown in sales growth for 2024, with plans to introduce new models into production by the first half of 2025. Tesla's US stock dropped over 8% after the market closed.
After earnings, we saw many interesting talks and words with different sentiments from our lovely mooers:
@Fluvveh:
$Tesla(TSLA.US)$ not enough volume to really fly today will probably hover 224-225 most the day if no notable breakouts in either direction. lots of tech earnings this week and no one is making any ai money yet read more>>
@Jeanel:
$Tesla(TSLA.US)$ There is an inflow of capital today, and the agency also wants to bottom out the best concept stocks for robots and driverless cars in the future. Rest assured! Read more>>
@bullrider_21 conducted an in-depth examination of TSLA's earnings and stock performance. Let's delve into the findings: Tesla Full Self-Driving: Way Ahead Or Miles Behind? Will Robotaxi Get Regulatory Approval Soon?
$Tesla(TSLA.US)$ not enough volume to really fly today will probably hover 224-225 most the day if no notable breakouts in either direction. lots of tech earnings this week and no one is making any ai money yet read more>>
@Jeanel:
$Tesla(TSLA.US)$ There is an inflow of capital today, and the agency also wants to bottom out the best concept stocks for robots and driverless cars in the future. Rest assured! Read more>>
@bullrider_21 conducted an in-depth examination of TSLA's earnings and stock performance. Let's delve into the findings: Tesla Full Self-Driving: Way Ahead Or Miles Behind? Will Robotaxi Get Regulatory Approval Soon?
Now let's get down to business: What can I earn after Tesla’s earnings?
There are many hedging tools in the U.S. stock market that can diversify the risks of long positions.
Tech giants like Tesla have leveraged inverse ETFs with different multiples, such as $Direxion Daily TSLA Bear 1X Shares (TSLS.US)$, $Tradr 2X Short TSLA Daily ETF (TSLQ.US)$, etc.
Holding users can also choose to sell and use the covered call strategy to obtain additional option income to offset the losses caused by individual stock declines.
Holding users can also choose to sell and use the covered call strategy to obtain additional option income to offset the losses caused by individual stock declines.
Share your thoughts and receive points!
Would you consider $Tesla (TSLA.US)$ a worthwhile investment at this point? What are your thoughts on TSLA's earnings and stock performance? Please drop your answer with reasonable comments, and you will receive 66 points.
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Want to develop your own investment strategy? Ignite your investment path via the All-in-One Learning Kit>>
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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mr_cashcow : Just purely looking at Tesla company alone, it is a company with strong foundations in energy storage, EV production, in-house AI for training FSD & robotics so in the long run it should be a worthwhile company to invest in
steady Pom pipi : Focus on the viability of robotic taxis, humanoid robots, and autonomous driving. These things will bring huge wealth to Tesla.
SneakyBear : Absolutely, Tesla ($TSLA.US$) remains a compelling investment despite its high valuation. Tesla’s Q2 earnings were impressive, with strong revenue growth driven by record deliveries and expanding margins. The company’s ability to scale production efficiently and its leadership in the EV market set it apart from competitors. Additionally, Tesla’s ventures into energy solutions and autonomous driving with projects like Optimus and Robotaxi showcase its innovative edge and long-term growth potential.
While the stock can be volatile, the company’s solid fundamentals and visionary leadership make it a worthwhile consideration for long-term investors. The focus on sustainable energy and technological advancements could continue to drive growth and profitability. I see this drop in share price another opportunity to accumulate this good stock