Here’s my summary of the Tesla Q4 and Full Year 2021 Financial Results and Earnings Call, and why Tesla now is a cash machine with $5 billion in yearly profits, increasing margins and 50% growth.
Here’s the video:
Here’s the audio:
Download podcast episode
Here’s a list of all my videos about Tesla: https://www.youtube.com/watch?v=PnUDSY2qaYQ&list=PL3q6QaeUG5KU25JiV_PL6hsc8AwGp9YAm
Check out my course on personal finance and investing https://courses.remo.org/p/building-wealth (use code “TESLA50” for 50% off)
- Tesla Financial Results: https://ir.tesla.com/
- Tesla Q4 2021 Shareholder Update: https://tesla-cdn.thron.com/static/WIIG2L_TSLA_Q4_2021_Update_O7MYNE.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D%22TSLA-Q4-2021-Update.pdf%22
- Tesla Q4 2021 Earnings Call Transcript: https://www.fool.com/earnings/call-transcripts/2022/01/27/tesla-tsla-q4-2021-earnings-call-transcript/
0:00 Summary of Tesla Q4 2021 Financial Results & Earnings Call
0:28 Summary of Shareholder Update
3:45 Tesla FSD Beta now has 60,000 users
5:25 Pictures from Giga Berlin and Giga Texas
6:02 Tesla became profitable across its entire history
7:55 Key takeaways from Tesla Q4 Earnings Call
8:20 Tesla FSD
12:03 Tesla Bot (Optimus Sub-Prime)
12:38 4680 Batteries
13:46 $25k car
14:21 Tesla HVAC
14:36 Tesla Insurance
15:15 Cybertruck news
15:42 Tesla margins + profitability
16:54 Tesla Megapack
17:31 Chip shortages
18:11 Tesla R&D strategy
Tesla’s goal is to help accelerate the transition to sustainable transportation and energy through electric vehicles and solar power. Tesla designs, develops, manufactures and markets electric vehicles, and designs, manufactures, installs and markets solar power generation and storage products.
Tesla (TSLA) reported higher-than-expected fourth-quarter earnings from Wednesday to the end of Wednesday, but the American electric car maker says supply chain issues continue to slow down production. Tesla on Wednesday reported quarterly earnings and sales well above Wall Street’s expectations, but spooked investors by saying its plants have been running at less than full capacity for months due to supply chain barriers and will likely continue through the year.
Tesla said it earned $2.3 billion, or $2.05 per share, in the fourth quarter, up from 24 cents per share a year ago. The company also reported a $2.3 billion GAAP net income and an automotive standards gross margin of 30.6% in the fourth quarter.
By the end of 2021, Tesla’s annual vehicle production run-rate has exceeded 1.22 million. It should be noted that this was only achieved with two factories, Gigafactory Shanghai and Fremont Factory. This number is to improve markedly in 2022 when Giga Texas and Gigafactory Berlin also start operations.
Tesla said adjusted earnings for the three months ended December were set at $2.54 per share, more than doubling the same period last year and well above Street’s consensus estimate of $2.34 per share. share. For the fourth quarter of 2021, Tesla reported a $2.6 billion GAAP operating income and an operating margin of 14.7 percent. In the third quarter, Tesla reported quarterly revenue just below the consensus estimate of $13.76 billion, compared to an expected $13.91 billion. In the fourth quarter of 2021, Tesla posted earnings per share of $2.54 and total revenue of $17.72 billion.
While Wall Street expected revenue to hit an all-time high, stock watchers focused on the company’s manufacturing outlook to understand Tesla’s potential to boost earnings and profits in the coming year.
- Podcast: https://anchor.fm/remouherek
- Twitter: https://twitter.com/remouherek
- Newsletter: https://remo.org/newsletter
Here’s why I’m wearing sunglasses on YouTube… 😎 https://youtu.be/1c5M7IluEYU