Shares & Derivatives
Cory Diary : Tesla 2021 Q2
By CoryLogics  •  July 28, 2021
Tesla Spectacular Result from Tesla yesterday. Best Quarter so far. YOY Net Income 1.4B from $104M Non-GAAP earnings per share of $1.45 ahead of $0.98 expectation Revenue rose 98% to $11.96 billion, from $6.04 billion a year ago Operating cash flow of $619M Produced 200k Vehicles Operating Margin of 11% Bitcoin-related impairment of ($23 million) Solar and energy storage business rakes in $810M Rev. 116% from same Q last year. The business is damped by ... The chip shortage “remains quite serious,” Chief Executive Elon Musk said in a call after the results. “The chip supply is fundamentally the governing factor on our output,” and it’s hard to say how long it will last because it’s out of Tesla’s control, he said.  “To better focus on these factories, and due to the limited availability of battery cells and global supply chain challenges, we have shifted the launch of the Semi truck program to 2022,” it said. and today by Chinese Tech and Education Stocks sell down. Tesla PE has come...
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By CoryLogics
I am not an investment adviser. Nothing herein my blog constitutes investment advice. Is my personal believes that not everyone has to go through the hard way. This blog also serve a purpose to help me record my understanding and personal learning growth. I sincerely welcome all comments.
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