[Moo Brief] TSLA Q2 earnings ahead: Another surge approaching?
Hey moooers, are you surprised by $Tesla(TSLA.US$'s recent surge? ![]()
Since June 27, $Tesla(TSLA.US$ climbed by 30% as of July 16 closing, which benefited from its outperforming Q2 deliveries with 444,000 vehicles announced on July 2.
Next Tuesday, July 23, $Tesla(TSLA.US$ will post the detailed financial results for Q2. Are you looking forward to seeing TSLA's final Q2 financial results outperform? Stay tuned next Tuesday!
![[Moo Brief] TSLA Q2 earnings ahead: Another surge approaching?](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240717/1721202838048-dc00743c6f.png/big?area=103&is_public=true)
Q1 Overview
In Q1, $Tesla(TSLA.US$ experienced numerous challenges, from the Red Sea conflict to the gradual ramp of the updated Model 3 in Fremont, which ended with a 13% decrease in revenue YoY. The reduced vehicle average selling price, AI operating expenses, and cost of Cybertruck production ramp collectively attributed to the underperformance in Q1.
What to expect next week?
✎ New Models？
During the Q1 financial results call, $Tesla(TSLA.US$ announced that it would bring forward the production timeline for its new models, originally planned for the second half of 2025. These new vehicles, including more affordable models, will utilize aspects of the next generation and current platforms. We can focus on the Q2 update on new models and the cost reduction of Tesla's automotive business, as well as the expected production in Q3.
✎ RoboTaxi & FDS
Below is a preview of ride-hailing in the Tesla App. $Tesla(TSLA.US$ has been investing heavily in AI training and FDS (Full Self-Driving) to further its RoboTaxi business. Despite recent information that the launch of RoboTaxi will be delayed, we can still expect TSLA to announce its latest progress on RoboTaxi next week.
![[Moo Brief] TSLA Q2 earnings ahead: Another surge approaching?](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240717/1721202905152-a1c5fb2427.png/big?area=103&is_public=true)
✎ Flourishing non-automotive business?
Energy Generation and Storage remains $Tesla(TSLA.US$'s highest-margin business with enormous potential and is expected to meet the demand for the electricity grids of many AI data centers. In Q2, TESLA's energy storage deployments increased from 4.1 GWh in Q1 to a historical high of 9.4 GWh, which will bring more margins to Tesla. We can expect Q2's revenue performance in this sector to be strong.
![[Moo Brief] TSLA Q2 earnings ahead: Another surge approaching?](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240717/1721202905087-f837b80577.png/big?area=103&is_public=true)
![[Moo Brief] TSLA Q2 earnings ahead: Another surge approaching?](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240717/1721202905557-71e93e0cb0.png/big?area=103&is_public=true)
As an investor, what do you think of Tesla's automotive business and energy storage segments going forward? Will you consider buying TESLA based on these results? ![]()
Please drop your answer with reasonable comments, and you will receive 150 points. ![]()
![[Moo Brief] TSLA Q2 earnings ahead: Another surge approaching?](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240717/1721204770709-b1f8af864d.webp/big?area=103&is_public=true)
![[Moo Brief] TSLA Q2 earnings ahead: Another surge approaching?](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240717/1721204784174-6eedf1db98.webp/big?area=103&is_public=true)
![[Moo Brief] TSLA Q2 earnings ahead: Another surge approaching?](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240718/1721288771176-eaf6f8de0c.jpeg/big?area=103&is_public=true)
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lucky ma : 100%
WanEH : now elon has become the hardcore supporter of Donald Trump. and he will donate a big lum sum of money monthly to him for election. this definitely will bring some return to Tesla when Trump win the election. and now the "God Bullet" has increased the winning rate of Trump.
104283842 : Telsa with AI added on will bring another great move in current business model, new technologies plus new innovation is the gems
mr_cashcow : Well some people are saying the recent performance of Tesla is akin to a meme stock that is quite possibly true to a certain extend but it does have quite a solid foundation with regards to their FSM AI & charging stations so it is definitely still a buy for me![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Shuseido : With current market sentiment towards TSLA as well as upcoming new products (Robotaxi, Model 2), I think Tesla stock price will have higher chance to go up!
Connie C : No, I don't think now is the right time to buy it anymore. Underperformance in Q1 and reduction of price shows the high competition between Tesla and other automotive companies. Besides that delayed in RoboTaxi doesn't sound good to me.
RizYu : fundamental improve
༺近战法师༻ : stop looking at tesla from an auto business perspective. it is a tech growth stock with a lot of potential. EV, cyber truck, robo taxi, energy, you never know what is coming next. will probably also have software subscription in the future as well.
aerohk : I think that the Tesla automotive business has likely hit a plateau from early enthusiastic EV buyers. Going forward, every percentage of EV market share will become a hard-fought battle due to the stiff competition from all the other automakers. Launching a low cost EV will definitely help maintain its market share, but I don't believe it will become a big growth driver.
But the differentiator of Tesla is the other business ventures.
- Energy business could benefit from a Trump administration due to the focus on domestically produced energy and a close tie with Trump.
- Robotaxi, I don't think it will see the light of day anytime soon. Compared to Waymo/Cruise/Zoox, Tesla seems to be behind, but Tesla can definitely scale faster than any of those companies.
- Tesla Bot, probably will be a profitable business if executed right. The addressable market is massive. But to reach a wide scale deployment, it will be years from now.
Overall, I think TSLA will grow, but not at the same pace as 2024H1 with the same level of enthusiasm.