What Could Be Tesla’s Next Big Thing?

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A Deeper understanding of Tesla’s Deliveries Report

Every January, right after the New Year, TESLA traditionally releases its Quarterly (Q4) vehicle delivery report. This is ALWAYS before the earnings report. The last Q3 earnings report, in which the company managed to meet its first profit and production targets ever ($6.8 billion in revenue and $312 million profit), was very positive for investors. The markets reacted accordingly and the price jumped. But deliveries (and production) were always a major struggle and as CEO, Elon Musk said himself, it is a production and logistics hell!

Last October saw the latest deliveries report, about 3 weeks before the earnings report. Back then, deliveries exceeded expectations. The company delivered 83,775 vehicles – 3,775 above estimates. Still, TESLA shares fell 1.3 percent over concern about the company’s profitability. No one could have known that 3 weeks later, those concerns turned out to be false.

As mentioned before, TESLA outperforms the overall markets, even though it is also pulled down by the markets. TESLA stock is still up 2% for 2018 and outperforming the S&P500 8% decline.

If TESLA manages to keep up the pace of its deliveries and reports another solid number, it could potentially see the price go up again. Its production forecast is set at 100,000 vehicles. The report is expected to be released in the first couple of days of January.

Latest News From Tesla:

MayGetting Back to Work
The Tesla Team May 9, 2020
Tesla is the last major carmaker remaining in California, and the largest manufacturing employer in the State with more than 10,000 employees at our Fremont factory and 20,000 statewide. We understand the impacts COVID-19 has caused and have a responsibility to look out for the livelihoods and safety of our personnel, many of whom rely on us and have been out of work for weeks due to the impacts of shelter-in-place orders.
AprilTesla Welcomes Hiromichi Mizuno as New Independent Director to its Board
The Tesla Team April 23, 2020
We are pleased to welcome Hiromichi (Hiro) Mizuno to Tesla’s Board of Directors and Audit Committee, effective April 23, 2020.
FebruaryAccelerating Tesla’s Safety Culture
Laurie Shelby, VP Environmental, Health & Safety at Tesla February 4, 2020
At Tesla, we believe safety in our operations is achieved through engagement, education, innovation and continual improvement. That’s why we focus not just on our overall rate of injury, but also on how to prevent individual injuries before they happen.

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