Tag: earnings
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Tesla Q1 2024 earnings released, Revenue $17.378B down -9% yoy, GAAP Income $1.129B down -55% yoy, diluted EPS $0.34 down -47%
April 23, 2024, Tesla Q1 2024 revenue declined 9% yoy to $23.3B. Slide deck: https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q1-2024-Update.pdf Transcript available at: https://www.fool.com/earnings/call-transcripts/2024/04/23/tesla-tsla-q1-2024-earnings-call-transcript/ Fewer automotive deliveries are the reason, caused by shipping problems, lost of government incentives, a highly competitive EV market and tough interest rate environment globally. The earnings release noted that the industry is moving toward hybrids…
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Tesla Q2 2023 highlights $24.9 B revenue, +47% yoy, $2.7 B +20% yoy.
Tesla revenue for Q2 2023 came in at $24.9 Billion and GAAP income $2.7 Billion. Revenue grew 47% yoy and income grew 20% yoy. Net free cash flow $1 B, +62% yoy. They end the quarter with healthy $23B, up 22% yoy. Tesla has three sources of revenue. Automotive came brought in the majority at…
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How to evaluate price of stock? Part 2: the PEG ratio
Most companies change with time. Some grow to be bigger companies than they were a year ago. Some grow at slower pace. Another metric is needed to compare PE of companies with different growth rates. This metric is call PEG which stands for PE/Growth rate ratio. It divides the PE by the annual income grow…
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How to evaluate the price of a stock? Part 1 the PE ratio
The price of a stock like anything else should be evaluated on what it rewards its owner. The rewards of owning a stock is the earnings of a company, the potential of future growth and supporting the positive impact to society provided by the company. The earnings of the company need to be evaluated with…