Shares & Derivatives
Quick Thoughts on Tesla Q4 2022 Results $TSLA
By Finance Gnome  •  January 27, 2023
Tesla (TSLA) surged almost +11% day after results (27 Jan) after reporting Q4 2022 earnings (26 Jan) after market close. Source: Google Finance Tesla beat on both revenue and EPS, but guided for less than 40% growth for 2023 vehicle deliveries of 1.8M cars. Source: Forex Live Read: Tesla $1.19 vs $1.13 estimate. Revenues beat expectations as well Table of Contents Focus on costs In the Shareholder Deck and on the conference call, my main takeaway was that Tesla management is focused on driving down costs. In view of the short-term impact of macro uncertainty and rising interest rates, Tesla’s response is to accelerate their cost reduction roadmap which would also reduce the impact of price cuts on margins. Tesla management also clarified their focus will primarily be on operating margins (i.e. not just gross margins which the market was focused on). As average selling prices (ASP) continues to decline, Tesla’s operating margins have been...
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By Finance Gnome
Hi, I’m Calvin! I’m a lucky husband and father of two wonderful kids. I work as an aerospace engineer at my 9 to 5. I’ve been investing since 2011, but my investing journey started off pretty terribly. Many of the stocks I bought lost me loads of money, call it tuition fees. Thankfully most of the time, I managed to bail out before losing everything.

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