Tesla Earnings Time

Tesla Q1 Earnings Live: Follow Along for Results, Analysis

First-Quarter Earnings Report Today

Welcome to our live blog of Tesla Inc.'s (TSLA) first-quarter earnings report.

Tesla is scheduled to report its first-quarter results today, April 23, after the market close. The report will be for the fiscal quarter ended March 31, 2023. The company will also host an earnings conference call that will begin at 5:30 p.m. ET to discuss the results.

Tesla is the world's most valuable automaker and one of the most talked-about companies in the world. The company's stock price has been on a roller coaster ride in recent months, but it remains one of the most popular stocks among investors. Tesla's first-quarter results will be closely watched to see how the company is performing in the midst of a challenging economic environment.

Earnings Expectations

Analysts are expecting Tesla to report earnings per share of $1.05 on revenue of $21.5 billion. This would be a significant increase from the same quarter last year, when Tesla reported earnings per share of $0.67 on revenue of $18.8 billion.

However, it is important to note that these are just estimates and the actual results could be different. Tesla has a history of beating analysts' expectations, so it is possible that the company will report even better results than expected.

Key Things to Watch

There are a few key things to watch for in Tesla's first-quarter results:

• Vehicle deliveries: Tesla delivered a record number of vehicles in the fourth quarter of 2022. Investors will be looking to see if the company can continue to grow its deliveries in the first quarter of 2023.
• Average selling price: Tesla's average selling price has been increasing in recent quarters. This is due to a number of factors, including the introduction of new models and the higher cost of raw materials. Investors will be looking to see if Tesla can continue to increase its average selling price.
• Margins: Tesla's margins have been under pressure in recent quarters due to the rising cost of raw materials. Investors will be looking to see if Tesla can improve its margins in the first quarter of 2023.
• Outlook: Tesla will likely provide an outlook for the rest of the year in its earnings call. Investors will be looking to hear what the company expects for vehicle deliveries, average selling price, and margins in the coming quarters.

Stay Tuned

We will be updating this blog live as Tesla reports its first-quarter results. Stay tuned for the latest news and analysis.