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Stockreport

Tesla Surges After Beating Expectations, Says "Rebound Of Demand" For EVs [zero hedge]

Tesla, Inc. (TSLA)  More Company Research Source: zero hedge
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla Surges After Beating Expectations, Says "Rebound Of Demand" For EVs Heading into today's TSLA earnings, Wall Street was braced for a miss, with debate only around how big it would be. Well, it wouldn't be an Elon Musk joint if there wasn't some big twist, and sure enough, the stocks is soaring after hour on what can only be described as a very big, and very unexpected beat. Here is what the company reported for the first quarter: Rev. $22.39B, beating Est. $22.19B Adj EPS 41c, beating Est. 34c, the second straight quarter Tesla’s earnings beat expectations. EPS 13c vs. 12c Y/Y Gross Margin 21.1%, beating Est. 17.7% Auto Gross Margin Ex-Reg Credit 19.2% vs 12.5% Y/Y Free Cash Flow positive $1.44B, beating est. Negative $1.86B Perhaps the most interesting of the above, besides the modest beats in revenue (which benefited from positive FX impact of about $900 million in the quarter translating into $200 million at the bottom line; as well as higher average selling prices) and EPS, [Read more]

IMPACT SNAPSHOT EVENT TIME: TSLA
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Stockreport

Tesla Surges After Beating Expectations, Says "Rebound Of Demand" For EVs [zero hedge]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla Surges After Beating Expectations, Says "Rebound Of Demand" For EVs Heading into today's TSLA earnings, Wall Street was braced for a miss, with debate only around how big it would be. Well, it wouldn't be an Elon Musk joint if there wasn't some big twist, and sure enough, the stocks is soaring after hour on what can only be described as a very big, and very unexpected beat. Here is what the company reported for the first quarter: Rev. $22.39B, beating Est. $22.19B Adj EPS 41c, beating Est. 34c, the second straight quarter Tesla’s earnings beat expectations. EPS 13c vs. 12c Y/Y Gross Margin 21.1%, beating Est. 17.7% Auto Gross Margin Ex-Reg Credit 19.2% vs 12.5% Y/Y Free Cash Flow positive $1.44B, beating est. Negative $1.86B Perhaps the most interesting of the above, besides the modest beats in revenue (which benefited from positive FX impact of about $900 million in the quarter translating into $200 million at the bottom line; as well as higher average selling prices) and EPS, [Read more]

IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS