Market Opportunity/ Special Report: Tesla Inc. (#TSLA)
Date: October 7, 2020
MID- TERM TREND: UP
Company: Tesla Inc. designs, manufactures and sells high-performance electric vehicles and electric vehicle powertrain
components. Tesla sells more than five fully electric cars, among others, the Model S sedan and the Model X SUV, and the
Model 3 sedan, which is among the world's top-selling electric cars.
Tesla Car Delivery (Q3): Tesla Inc. beat Wall Street estimates for third-quarter vehicle deliveries, driven by higher demand
for its mass-produced Model 3 sedans. The electric-car maker delivered 139,300 vehicles in the quarter, beating estimates
of 134,720 vehicles, according to Refinitiv data. Its total production in the quarter rose 76% to 145,036 vehicles compared
to the previous three-month period.
Tesla Posts Better Than Expected Earnings for Quarter Two (Q2): The world’s leading electric car manufacturer posted
$2.18 earnings per share, far better than the 3 cents per share predicted by analysts. Revenue rose to $6.04 billion in the
second quarter, also better than the $5.37 billion analysts predicted prior to the report.
Next Earnings Release Date (Expected): Tesla is expected to release its Q3 earnings results on October 23, 2020.
Does Tesla Stock Split 5-to-1 (August 31, 2020) make it better available to retail investors?: Tesla share experienced a
stock split of 5-to- 1, opening at 442 on Monday (August 31) after the stock closed at 2213 the previous session. The Tesla
shares had risen almost 40% since Tesla announced the split (August 11), to hit a fresh all-time high of $2317.98. Investors
and traders continued to buy Tesla believing that the split might make the stock better available for the retail investors and
traders.
Date: October 7, 2020
MID- TERM TREND: UP
Company: Tesla Inc. designs, manufactures and sells high-performance electric vehicles and electric vehicle powertrain
components. Tesla sells more than five fully electric cars, among others, the Model S sedan and the Model X SUV, and the
Model 3 sedan, which is among the world's top-selling electric cars.
Tesla Car Delivery (Q3): Tesla Inc. beat Wall Street estimates for third-quarter vehicle deliveries, driven by higher demand
for its mass-produced Model 3 sedans. The electric-car maker delivered 139,300 vehicles in the quarter, beating estimates
of 134,720 vehicles, according to Refinitiv data. Its total production in the quarter rose 76% to 145,036 vehicles compared
to the previous three-month period.
Tesla Posts Better Than Expected Earnings for Quarter Two (Q2): The world’s leading electric car manufacturer posted
$2.18 earnings per share, far better than the 3 cents per share predicted by analysts. Revenue rose to $6.04 billion in the
second quarter, also better than the $5.37 billion analysts predicted prior to the report.
Next Earnings Release Date (Expected): Tesla is expected to release its Q3 earnings results on October 23, 2020.
Does Tesla Stock Split 5-to-1 (August 31, 2020) make it better available to retail investors?: Tesla share experienced a
stock split of 5-to- 1, opening at 442 on Monday (August 31) after the stock closed at 2213 the previous session. The Tesla
shares had risen almost 40% since Tesla announced the split (August 11), to hit a fresh all-time high of $2317.98. Investors
and traders continued to buy Tesla believing that the split might make the stock better available for the retail investors and
traders.