➤ Join Rob Maurer for live coverage of the release of Tesla’s Q2 2023 earnings report and shareholder letter
➤ More analysis following the earnings call can be found here: https://youtube.com/live/v39OP2QsG5g
0:00 Pre-earnings discussion
7:17 Earnings report & shareholder letter
23:58 Financials
36:22 Summary and questions
Shareloft: https://www.shareloft.com
Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283
#Tesla #TSLA #Investing
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Disclosure: Rob Maurer is long TSLA stock & derivatives
source
Y is 18.2% bad
Report out
“11000 people watching me fumble around with a spreadsheet” has to be one of the greatest live comments of all time. Thanks, Rob!
haha, the most… dull market reaction ever… Not good or bad…
Where do you find the analyst estimates from?
Thank you Rob🚘⚡️🔋 fantastic analysis!
I hope people are smart to sell some before it goes under $200 again!
Thanks Rob
Tesla using the car sales to fund Optimist & FSD is like SpaceX using Starlink to fund their Mars mission
Great results ..thank you, Rob❤
Going into a Price War with Chinese EV Companies was a smart move. Seeing them go BANKRUPT is beautiful
👍
⚡️
Your auto COGS should be $17,179 and the auto COGS ex-credits/lease would be $16,841 for calc the Auto COGS of $37,908
I think that new battery equipment that showed up late in the quarter to Austin may have something to do with some elevated expenditure. Should see improved numbers on battery production next quarter. I think they did a great job of foreseeing lowering cost of production and where they could take advantage of it in various markets. Then there is the floating cost of vehicles at sea which is meant to be increasing as they open new markets and balance exports monthly.
Thank you !
I love how they just casually drop the details on the Cybertruck dimensions… No engine in front makes for a shorter footprint!
Great job. Thank you!
A production line of one truck, wow.🙄
👍.I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I just need creative ideas to afford my retirement
Took the hint from a comment last night. Closed out a IRA stock account position this morning. Will add back in a few weeks. Let the dust settle.
Your attention to detail of Yesla financials is unparalleled and much appreciated
I can see the bears saying “another drop in decline in GM only 18.1”.
Tesla beats expectations – stock falls $13/share. Sounds about right 🙄
Why did stock crash than? I always feel there is something missing out there and everyone is in on it but me, no matter what I do. 😩
Community guidelines 😂. Great work as usual Rob!! I appreciate all of your work!! 🎉🎉❤
The most comprehensive and thorough analysis!
Your channel is such a hidden gem, more people need to discover it.
Those are really good result considering how tougth is the context in china lately.
VW and other have already came out with press comunique that prepare investor to a disastrious quarter on a theme of recession and china.
Excellent summary & numbers, as always Rob… cheers from 'Down Under' & a great beat by Tesla! 😉
So happy that I made the decision to reduce the weight of TLSA in my portfolio: from 80% to 10%. This stock is too volatile and it's a nightmare to handle in the short-medium term.
Thanks
You're the best.
By far the best Tesla content creator!
Great video, Rob. Thanks a ton
Unfortunate earnings for Tesla, so will be headed lower.
Thanks
Would the new Lithium processor plant be included in R&D?
how can they still have egative fx impacts if the dollar has been dropping the last few quarters
#elonmusk❤
A first for a quarter was that the GAAP profit was larger than the Operating Income, with investment income being larger than the tax paid.
Great video as always 👍🏻 I wonder if there's an opportunity to improve the updating of actuals by having a hidden range in the same format as Tesla's with formulae in the sheet shown here, that does the maths, thus making it possible to just copy and paste the actuals in from the Tesla report, and then copy and paste special values to remove the formulae?