40 Burst results for "Tesla Tesla"

Fresh update on "tesla " discussed on CoinMarketRecap: Daily Crypto News

CoinMarketRecap: Daily Crypto News

02:49 min | 1 hr ago

Fresh update on "tesla " discussed on CoinMarketRecap: Daily Crypto News

"Hello to you, welcome to coin market recap on Wednesday, the 1st of February. I'm connoisseur, and I'm back with coin market caps, easy to understand look at the top crypto story. Today, Celsius network is accused of lying to its customers in a damning new report. Tesla reveals how much money it's Bitcoin investment lost last year. A crypto entrepreneur is jailed for 8 years after being convicted of defrauding investors. The UK prepares to unveil ambitious plans to protect consumers from the risks of crypto. Plus, Dungeons and Dragons performs a U turn on NFTs. Give our show a follow on Apple podcasts, Spotify and Google podcasts, and you can get in touch with me on Twitter as well. I'm at Conor sefton. Coin market recap. Well, lots happened while we were gone. A judge ruled two anonymous people who co signed Sam bankman fried's Bond should be identified. We found out SPF had messaged potential trial witnesses on signal prompting prosecutors to call for tighter bail conditions. And Elon Musk changed his Twitter name to mister tweet, failing to realize he wouldn't be able to change it back. But here's the big picture, Bitcoin has rallied by a whopping 40% since the start of the year. It's best January performance since 2013. It's a sign the crypto markets are starting to turn a corner after a bruising bear market. All eyes now are on the Federal Reserve, which is set to make a decision on interest rates later today. Analysts are widely expecting Jerome Powell to introduce a 0.25 percentage point increase, which is much lower than what we've seen previously. But the markets will be watching closely for any clues on when the rate hikes will end. Celsius network has been accused of lying to its customers, manipulating the price of cell tokens to enrich executives and misusing funds for years. That's according to a damning new report released by a court appointed examiner. You'll remember the crypto lender went bust last year, not long after freezing customer withdrawals. Well, in other developments, Celsius has announced that customers with custody accounts will be able to withdraw 94% of their assets. Unfortunately, this has left most of its customers, those who had earn accounts still waiting for answers on when they'll see some of their savings back. Tesla's Bitcoin bet hasn't paid off at all, and you filing has revealed its suffered a $140 million loss on its investment in 2022. That news came in a largely positive update that showed record earnings with revenues at the electric vehicle company up 37%. Elon Musk caused a huge splash when he revealed that Tesla was buying $1.5 billion worth of Bitcoin back in early 2021. It contributed to the critter currency dramatic bull run, but Musk later performed a U turn on plans to accept Bitcoin as a payment method. And last summer, Tesla spooked the crypto markets by selling off $936 million of its Bitcoin at a loss to free up cash. An entrepreneur who launched a fraudulent crypto business has been jailed for 8 years. Randall crater was convicted of defrauding investors out of millions of dollars by marketing additional assets called my big coin. He'd claimed the cryptocurrency was backed by gold and that his project had struck a partnership with Mastercard, but prosecutors accused him of spreading lies and half troops, so victims would part with their hard earned cash. Creator has also been ordered to forfeit $7.7 million and speaking in court. He insisted that he didn't set out steal money from anyone. It's been alleged he spent investors money on cars, jewelry, artwork, and antique coins. Here in London, the governments unveiling ambitious plans to protect consumers from the risks of crypto ministers want to ensure this sector is regulated like traditional financial institutions. It's hoped this approach will tackle some of the most significant risks associated with crypto while allowing the UK to take advantage of the technology. Last year, Britain and Vale plans to become a global crypto asset hub and make stablecoins a valid payment method. But the crypto industries come under harsh scrutiny after Bitcoin's value collapsed and a number of high profile firms when bankrupt. The governing conservatives have been criticized once again by rivals in the Labor Party. They've described crypto as the wild west and say consumers need urgent protection because they're savings have been put at risk and scams have hit record levels. Finally, today, Dungeons and Dragons is performing a U turn on an NFT ban. The game's publisher, that's wizards of the coast, had planned to stop its content from being used to create crypto collectibles. But a new poll has revealed that 86% were against these planned changes, which would have stopped web three from having a role in the game's future. NFTs have caused a lot of division in the gaming community with some critics arguing they drain the fun out of the experience and make everything about money. That's it for today's coin market recap..

Tesla Celsius Network Conor Sefton Bitcoin Sam Bankman Fried Elon Musk Jerome Powell Twitter Spotify Randall Crater Federal Reserve UK
Market Analysis Report 26 Jan 2023

CryptoCompare

00:18 sec | 2 d ago

Market Analysis Report 26 Jan 2023

"10 a.m. Thursday January 26th, 2023. Market analysis report January 26th, 2023. Tesla's Bitcoin holdings remain unchanged Celsius weighs issuing bankruptcy token South Korean prosecutors request arrest of owners

Bitcoin Holdings Tesla
Fresh update on "tesla " discussed on Bloomberg Daybreak Asia

Bloomberg Daybreak Asia

00:32 min | 9 hrs ago

Fresh update on "tesla " discussed on Bloomberg Daybreak Asia

"Make sure that we can develop a bright line test of what should be traded in an ag or commodity. Type environment versus something that's a security and under the regulation of the SEC. Yeah, so is it a commodity or a security? He says they need to get the agriculture department involved in that definition as well. And there's a Biden administration efforts to build EV infrastructure frequent Biden detractor Elon Musk has met with infrastructure coordinator Mitch landro at The White House. They say justice general discussion of things. And meanwhile, Tesla has confirmed that it's received requests for documents from the U.S. Department of Justice. This is just the latest indication that regulators are subjecting itself driving claims to greater scrutiny and finding truths. In San Francisco, I'm at Baxter. This is Bloomberg and global news is powered by more than 2700 journalists and analysts in over 120 countries. All right, thank you, Ed to coming up. We're going

Biden Administration Mitch Landro Elon Musk SEC Biden Tesla White House U.S. Department Of Justice Baxter Bloomberg San Francisco ED
Elon Musk defiantly defends himself in Tesla tweet trial

AP News Radio

00:37 sec | Last week

Elon Musk defiantly defends himself in Tesla tweet trial

"Elon Musk spent roughly three hours on the witness stand in his third day of testimony in a lawsuit by Tesla investors. I Norman hall. Elon Musk told jurors hearing the class action in lawsuit that he did not mislead Tesla shareholders about attaining financing in an aborted buyout. The billionaire insisted that he could have pulled off the deal had he wanted his lawyers sought to portray Musk as a trustworthy business leader capable of raising as much money as needed to pursue his visions. But the defense must overcome a ruling by the presiding judge that Musk 2018 tweets about securing financing for Tesla buyout were false. I Norman hall

Elon Musk Norman Hall Tesla Musk
Fresh update on "tesla " discussed on CNBC's Fast Money

CNBC's Fast Money

00:41 min | 10 hrs ago

Fresh update on "tesla " discussed on CNBC's Fast Money

"That we're not. Yeah, Mary Barra, who's going to be on mad money tonight, by the way. Talked about the blazer, the EV blazer coming out this summer, launching the summer along with the EV Equinox team. And I thought what she said about where the demand is coming from in terms of the Chevy blazer, the reservations 40% of the reservation holders are new to EVs. And of the 60% that are not new to EVs, they're either owners of a bolt or a vault or their Tesla owners. I thought that was interesting. Well, look, the Chevy blazer used to be like the cool SUV to have before there was about 19 different varieties out there. And I think it's important that they actually have something with kind of a cool factor and a mainstream factor and something that will work. As Karen pointed out, they're not cutting prices on their EV. And if you analyze that 24 number, they could be close to a million cars by the end of 24 on EV production. That's extraordinary. The most important thing for GM right now is 16 to 20 billion and net auto cash flow. And again, they guided on ebit to 11 and a half in the middle of the range. The streets, it under ten, so they continue to be really profitable and really cash flow generative at a time this other business is growing substantially. The

Mary Barra Blazer Chevy Tesla Karen GM
Elon Musk testifies he would have sold SpaceX stock to take Tesla private in 2018

AP News Radio

00:32 sec | Last week

Elon Musk testifies he would have sold SpaceX stock to take Tesla private in 2018

"Tesla CEO and Twitter honor Elon Musk has testified in the trial of a class action lawsuit filed by Tesla investors. I Norman hall. Must testified in federal court in San Francisco that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia's public investment fund, but the billionaire said no specific funding amount or price was ever discussed. The lawsuit filed by Tesla investors alleges he misled them with the tweet saying funding was secure to take his electric car company private for

Tesla Norman Hall Elon Musk Twitter San Francisco Saudi Arabia
Fresh update on "tesla " discussed on Thinking Crypto News & Interviews

Thinking Crypto News & Interviews

00:47 min | 10 hrs ago

Fresh update on "tesla " discussed on Thinking Crypto News & Interviews

"So far, though, from the macro chart, still on track and we'll see what the fed does tomorrow what happens. All right, let's jump into the crypto news, guys. Elon Musk has been talking about Twitter payments and he said that it's going to start with Fiat that absolutely makes sense, right? It's going to be Fiat payments because it has to compete with the likes of Venmo and the other payment networks out there. We know Elon's pedigree is payments, the man was a founder of PayPal. He had X dot com. You guys know the whole history and he's trying to take Twitter to that next level where payments could be integrated. We know he's bullish on crypto heals Bitcoin, Ethereum and Dogecoin. And Tesla also holds Bitcoin on their balance sheet. But he said he wants the Twitter payments or the payments feature to be built so that crypto functionality could be added. So I think that absolutely makes sense. This is logical, but it's great to get the confirmation from Elon. And Twitter has started applying for U.S. state licenses to do these things because they're going to need payments, licenses and broker dealer licenses and all kinds of stuff, right? So this is a move in the right direction and it will, of course, lead to more adoption of crypto, especially as we head into that token economy to digital age and so forth. So great update here from Elon and I'm looking forward to seeing what the Twitter payment feature will look like with Bitcoin and other cryptocurrencies involved. Of course, we have to wait for the details. All right guys, this was a big week for crypto and the SEC and John deaton and library. Many of you know yesterday was a hearing with the library folks. Andy SEC and the judge and all that. Well, the TLDR here, because I'm sure many of you saw John deaton's live stream and his recap, but the SEC admitted that the secondary market sales of the tokens are not securities. They are not inherently securities. So here someone quoted here, the judge admitted token is not the security, but he would not go as far as to put it into his final ruling due to the SEC not asking for the ruling on that. So we're seeing that the judge, you know, just using common sense here saying, yeah, I mean, the token itself can't be a security because it just depends on how it's packaged and how it's put together. Just as in the how we case, the oranges or the orange groves themselves are not inherently securities, it was how they were packaged, how they were sold. So we know Gary gens and the SEC, they want to make sure that everything, the token, and everything in the secondary market, everything is a security bud, that's going to be their downfall.

Elon Twitter Venmo Fiat John Deaton Elon Musk SEC Andy Sec Tesla FED Paypal U.S. Gary Gens
Elon Musk takes witness stand to defend Tesla buyout tweets

AP News Radio

00:42 sec | Last week

Elon Musk takes witness stand to defend Tesla buyout tweets

"Elon Musk has testified it as Tesla tweet trial. I'm Lisa dwyer. Elon Musk took the witness stand to defend a 2018 tweet claiming he had lined up financing to take Tesla private in a deal that never happened. That tweet resulted in a $40 million settlement with security regulators and a class action lawsuit alleging he misled investors. The billionaire defended his prolific tweeting as the most democratic way to distribute information, while also acknowledging that the constraints of Twitter's 240 character limit can make it difficult to make everything as clear as possible. Musk spent about a half hour on the stand before the trial adjourned for the week, he is supposed to return to court on Monday. I'm Lisa dwyer

Elon Musk Lisa Dwyer Tesla Musk Twitter
Fresh update on "tesla " discussed on Bloomberg Businessweek

Bloomberg Businessweek

00:39 min | 12 hrs ago

Fresh update on "tesla " discussed on Bloomberg Businessweek

"You talk about some of the other asset classes where the risky or safe. Yeah, it really was everything. The question is, do those correlations start to break apart? Do we go in a different direction? A lot of earnings on tap today as well as for the rest of the week. The Dow Jones Industrial Average going to finish the day higher. Buy more than 300 points, almost 400 points up about a percent on the day. The S&P 500 up by almost 60 points or one and a half percent, the NASDAQ composite up a 190 points or about 1.6% here on the day while the Russell 2000 relative outperformer up about 2.5%. All the major indices higher on a monthly basis than NASDAQ in the double digits up about 11%. Yeah, and as we pull up our new screen await for some earnings after the closing bell, I'm thinking about the earnings from those home builders once again that really pushed that group overall higher today, Katie. Overall, if you look at the S&P composite home builder composite up almost 5% in today's trade. I'm thinking about the industry groups because there's 24 of them in all 24 are in the green, of course, as we count down to those earnings to the fed, you see what's up top. It's the autos following those GM earnings. You also have transportation and materials higher as well. You look down the list, there's not too much to pick at, but utilities, some of those consumer stocks at the bottom Carol. Yeah, I want to stay with the automakers because I agree. That was a group that really caught my attention when I was picking through and looking for some gainers today. GM, you mentioned Katie up 8.3%, certainly stand out in today's trade and definitely saw that move higher as well as Tesla, which was up about 4%. I know we have some earnings going through. Do we want to go to them guys? Well, let's go through a couple of them here a real quick Amgen crossing the wire. I will start there. Of course, ticker AMG. And the company announcing basically their four Q numbers, the adjusted EPS coming in at about $4 and 9. That's basically on the nose of what the street was looking for, which was four O 8, so a penny beat there. As far as a revenue numbers, a little bit lighter than what the street was looking for, $6.8 billion. Actually, I should say that's actually pretty much on the nose of what the street was looking for. So it looks like Amgen guys. Basically meeting the consensus expectations of the street, at least on the top and bottom line numbers. All right, so Amgen coming across and we're watching that one. Electronic Arts also coming out with a few headlines here. Fourth quarter net bookings, so we're looking at some outlook here. 1.68 to 1.78 billion. That seems like it is light because the estimate that's out on the street is 2.2 billion 2.22 billion to be exact. Looking backwards, third quarter net bookings, 2.34 billion, that too was a bit of a miss 2.44 billion. Interesting in terms of the gaming space and kind of an opener to some of the other numbers, that's stocked him. It looks like it's bouncing around. It was down a bunch down about 6% unchanged so we're seeing some volatility in the after hours. All right, well I'm looking at the CFO statement here in the press release. Quote, as market uncertainty mounted during the quarter, this is for EA. We took measures to protect underlying profitability. The company CFO Chris Sue continued, we are prioritizing the player experience directing investment to where it can have the most positive impact for our players and on growth. All right, I'm still taking a look at EI because you can see the stock really tanking after hours down almost 7%. This is a little bit interesting because you think about the expectations, Bank of America was actually out with a note yesterday saying that the expectations, the consumers consensus rather estimates for this company look too low in the quarter. So you see, you compare that to numbers were actually getting. It doesn't quite stack up. It'll be interesting to see. I will dig into that. Of course, we still are waiting on earnings out of snap. AMD, a few other names here on this Tuesday afternoon, guys. But you go back to some of the performance that we saw in January and more importantly, I know Carol, you were about to go through some of the gainers on a daily basis, but I was taking a look at some of the big movers that we saw on a month to date basis year to date if you will, of course, Tesla belongs in that group up about 40, 41% here. But also, I thought it was interesting. Yeah, Western Digital rally 39%. We're going to get earnings out of them in just a few minutes as well. And then it was actually, well, a lot of the streaming services, the paramount and Warner Brothers of the world. In fact, Warner Brothers discovery, a biggest gainer in the S&P 500 this month. I mean, it's essentially companies that just got beat up last year, I mean, that's what's so interesting about this. I mean do you think there's back to Tesla? Do you think there's anything fundamental about the Tesla rally? Because at the start of the year at the end of last year, I mean, all we could talk about was how close Tesla was getting to a $100 a share. I think I may have remains to be seen here exactly what people are trying to price in with regards to that rally. I think you can make a case for some of the other names that they really were maybe kind of the baby thrown out with the bathwater and a lot of people recognizing that those valuations maybe now was the time to get back in. At some point there's an entry point for some investors. I'm just looking at it. And what's your point out here? That's different for everybody, right? Absolutely. Absolutely. But you know, you look at some of the standout groups here. Consumer discretionary up almost 15% here in this first month communication services. This is a lot of the companies that are going to be reporting these big tech names. They're up 14%. It really does feel like risk on trade and remain that we're buying into this economy reopening. Yeah, and just speaking of Western Digital, the earnings, we haven't quite gotten the earnings yet, but we are getting some news crossing the wire on them. And this actually has to do with an investment by a bunch of funds managed by Apollo. Western Digital actually saying that it's got a $900 million convertible preferred equity investment. This has led by this is a led by the Apollo managed funds here. Interesting to see exactly where this goes here because the conversion price is at 47 75. The shares today closed at around 42 bucks. So interesting to see why they're doing this here. Their numbers now crossing the wire for the quarterly report. And they're looking to edit an adjusted loss per share of about 42 cents a share. The street was looking for a loss of 12 cents a share. So this is a pretty big miss here on the adjusted loss per share. As far as net revenue, that net came in slightly higher than estimate at about 3.1 billion, the street was looking on average for about three even, all your forecasts going forward, three Q revenue, a range of 2.6 to 2.8. That is lighter, well light, lighter than what the street was looking for, which was about 3.1. So a mixed bag here for Western Digital guys. It appears to be providing guidance up below what the street was looking for. And an interesting convertible investment being led by Apollo that could be diluted to some existing shareholders. Yeah, sharers down 6% in the after hours. I'm looking at what the company's CEO says in the press release. He said that we're continuing to take action to reset the business in response to post pandemic environment, but optimizing our cost structure and strengthening our liquidity, he said they're strategically reducing CAPEX across both flash and HDD and our operating expenses as well as amending our financial covenants and securing recent financing. That'll give them the flexibility and optionality to weather this cycle Katie. And we also have some earnings crossing from Mondelez, of course. It looks like the fourth quarter adjusted EPS beat the estimates we're talking about 73 cents there, the estimate there had been for 70 cents. So that's the good news. You look at fourth quarter adjusted margin. It's a little bit light. We're talking 36%, the

Amgen Tesla Katie GM Electronic Arts Chris Sue Carol
Elon Musk depictions differ radically in Tesla tweets trial

AP News Radio

00:40 sec | Last week

Elon Musk depictions differ radically in Tesla tweets trial

"Contrasting viewpoints on Elon Musk were presented in the Tesla tweet trial. I'm Lisa dwyer. Elon Musk was alternately depicted as a liar who callously jeopardized the savings regular people or a well intentioned visionary at a trial focused on a Tesla buyout that never happened. The case is focused on 2 August 2018 tweets that the billionaire posted on Twitter, the tweets indicated that Musk had lined up the financing to take Tesla private at a time when the automakers stock was slumping amid production problems. The prospect of a $72 billion buyout fueled a rally in the company's stock price that abruptly ended a week later after

Elon Musk Lisa Dwyer Tesla Musk Twitter
Kyle Rittenhouse Talks Potential Censorship on Twitter

America First with Sebastian Gorka Podcast

02:18 min | 2 weeks ago

Kyle Rittenhouse Talks Potential Censorship on Twitter

"Talk about the bigger picture here because now that you're more active on social media, you've got your YouTube channel. I love seeing now that Elon's got a fixed stuff quite significantly at Twitter. I see your posts come up on my feed all the time. Yeah, I will say though, I've noticed a little bit of a censorship just in the past couple days on Twitter. I don't know if it's censorship or I don't know if people are getting bored of Twitter or people are getting kicked off. What are you seeing? I'm not seeing as many conservative posts on Twitter. I don't know if you've been noticing that. But I've heard people say that in the last two days, I haven't seen it, but I've heard people complain. I did a poll on Instagram and I've gotten several hundred DMs saying that they aren't seeing a lot of my stuff. They have to search my name to find it. So I'm not sure on what that is. Elon, are you listening? What's going on? I think you're busy guy, you know, you're going to Mars and all that stuff and Tesla, but yeah, we need to make sure that things are working as you intended them to function on Twitter. So for some reason, I'm still seeing your posts. And there's a thread, there's a kind of theme to so many of them because you talk about the Second Amendment you talk about your events, you talk about Twitter, give send go, salts on you. But most of the posts as I see them as the algorithm puts them on my feed. It's something from the Bible, it's something about never giving up about standing tall, standing strong, talk to talk to us about why you think it's important to make those statements. You stood up, you fought the good fight, you won, you were vindicated. But you haven't let that disappear, and you're sending these messages out to all your followers. Tell us why that's so important for you. Well, absolutely. It's so important, important to me to talk about the Bible and to pose viable verses because somebody made me maybe having a bad day and it may live somebody up there. Somebody may need to read that and to be a good witness to others. And to also talk about my story in the right to self defense and other things going on to talk about censorship to talk about people having to defend themselves, to talk about the crisis going on in America with Planned Parenthood and what they're doing and killing our babies. To talk about things like that.

Twitter Elon Youtube Tesla America
Here's what's at stake in Elon Musk's Tesla tweet trial

AP News Radio

00:32 sec | 2 weeks ago

Here's what's at stake in Elon Musk's Tesla tweet trial

"The Elon Musk drama shifts from Twitter to tweets about Tesla with the beleaguered billionaire now facing a trial over the electric auto company. The trial which begins with jury selection today was triggered by a class action lawsuit on behalf of investors who owned Tesla stock for a ten day period in August of 2018. That's when Elon Musk sent out a tweet claiming he had lined up the financing to pay for a $72 billion buyout of Tesla, which he then amplified with a follow-up statement that

Elon Musk Tesla Twitter
Convinced of the power of decentralization, Silicon Valley venture capital godfather Draper is still bullish on cryptocurrencies

Blockchain Consultants

00:51 sec | 2 weeks ago

Convinced of the power of decentralization, Silicon Valley venture capital godfather Draper is still bullish on cryptocurrencies

"9 p.m. Friday January 13th, 2023. Convinced of the power of decentralization, Silicon Valley venture capital godfather Draper is still bullish on cryptocurrencies. Photo Draper is a well-known venture capitalist in Silicon Valley, USA with a net worth of more than U.S. 1 billion. Photo by Tianjin translated, then republished from HTTPS WWW dot GVM dot com 9 8 one 6 7 this article is from the two zero two three zero one issue. Tim Draper is a well-known venture capitalist in Silicon Valley and his investment projects include Skype, SpaceX, and Tesla. In the post convinced of the power of decentralization, Silicon Valley venture capital godfather Draper is still bullish on cryptocurrencies first appeared on blockchain consultants.

Silicon Valley Venture Capital Photo Draper Silicon Valley Tim Draper U.S. Tianjin Spacex Tesla Skype
Tesla cuts vehicle prices in bid to boost flagging demand

AP News Radio

01:01 min | 2 weeks ago

Tesla cuts vehicle prices in bid to boost flagging demand

"Tesla is slashing the prices of some of its electric vehicles and making some eligible for a federal tax credit. With Tesla's sales slowing in its stock price tumbling. The company's drop price is nearly 20% on some versions of the model Y SUV, bringing the price of its performance model down $13,000 to just 57,000. That makes more versions eligible for a $7500 tax credit through March. Tesla also reduced the base price of the model three by about 6%, but instead of driving investor approval higher, Tesla's stock prices tumbled. With fears the sales slowed down will persist and questions about the behavior of CEO Elon Musk, who's also dealing with Twitter. One industry analysts as Tesla appears to be prioritizing sales volume over price. Others note there's more competition in the electric vehicle market, Tesla's market share is dropping, although sales continue to rise. I'm Jackie Quinn

Tesla Elon Musk Twitter Jackie Quinn
Dogecoin DOGE Is Now 4th Most Popular Cryptocurrency On BitPay

NewsBTC

03:09 min | 3 weeks ago

Dogecoin DOGE Is Now 4th Most Popular Cryptocurrency On BitPay

"2 p.m. Sunday January 8th, 2023. Dogecoin doge is now fourth most popular cryptocurrency on BitPay. Dogecoin, a dog themed mean crypto that appears to enjoy strong ties with tick billionaire and Twitter owner Elon Musk appears to be struggling to gain enough ground for a major upward swing. After peaking at 0.0749 on January 5th, doge fell victim to a price retracement that pulled it all the way down to 0.0705 the following day. Since then the altcoin launched a mini rally to recoup some of its losses, enabling it to notch a 2.4 increase in value over the last 7 days. According to trekking from Coen dzeko, at the time of writing, Dogecoin is changing hands at 0.0719 and despite its early struggles this year, it is able to strongly keep its place as the 8th largest cryptocurrency courtesy of its market cap, which currently stands at 9.90 billion. Dogecoin still among the more popular crypto assets, although still far from rewarding its faithful holders with significant profit through a massive price height, doge continues to establish itself as among the well-known digital currencies. Just recently bid pay, one of the world's leading crypto payments processors revealed that the mean token is the fourth most popular transactional currency in its platform. Related reading Ethereum classic ETC price balloons to nearly 30 in last 7 days source bit paid, according to data shared by the company, in December 2022, Dogecoin accounted for ten of all transactions it processed almost doubling the 6 tally it had in June. The mimic placed behind Bitcoin first, 41.81 litecoin second, 25.51 and Ethereum third, 11.53. This development could be interpreted as an indication that more and more people are using the digital asset as a means of exchange. Along this line, leading Indian cryptocurrency treating app points which, with more or less 20 million users mentioned in its report that doge was included in the list of the most popular virtual currencies owned by its customers. Related reading ledoux surges by more than 57 in just a week more gains up ahead doge total market cap at 9.4 billion on the weekend chart chart trading view dot com the undeniable must affect as time goes by. It is slowly becoming apparent that Dogecoin might live and fade with the self proclaimed doge father Elon Musk as his social media comments of the mimicking triggers instant price movements. For example, when the Tesla CEO completed his controversial purchase of social media giant Twitter back in October 2022, doge's price registered a significant uptick from 0.0720 in October 27th to 0.1572 on November 1st. Months before his acquisition of the company, Musk floated the idea of having Dogecoin accepted as a payment for Twitter's blue services. Featured image crypto globe

Dogecoin Coen Dzeko Elon Musk Twitter Doge Tesla Musk
Government Is Not the Best Function of Private Enterprise

The Doug Collins Podcast

01:55 min | 3 weeks ago

Government Is Not the Best Function of Private Enterprise

"Have always said that and we've talked about the Biden administration just eviscerating the energy independence that we had here in America. I've always said that the government is not the best function of private enterprise to turn us from this and to try and push electric cars to push other things onto the process. We're given time and given the market that this would actually begin to happen. And one of those things is actually having Dodge his announce and for those of you who like muscle cars and there's so many of you out there who do, because they're like, especially if you're outside of a big city, you like to have these cars that go fast. You know, the Talladega nights. Go fast, daddy, go fast. You know, people like to go fast. I mean, it just is. But the last V8 muscle car is Dodge is getting ready to announce their last one, the challenger in charger will be discontinued at the end of 2023. Model year and it will be replaced by the all electric charger Daytona SRT. Now, it's still going to move. Don't get me wrong. But for those who like the old sound, the internal combustion engine and the performance, the hemis, the hellcats, V8s are gone. So look, they're making a concerted effort to say look, people will buy these. They're going to, you know, this is what's going to be happening. Dodge is going to make a killing on putting some of these special editions and they're going to develop only a few and sell them and they'll make a lot of money on these last big motor additions. And for these cars. But again, this is where it should happen. Now, if Dodge sees this as a flop, they may have to go back and say, people who really wanted the internal combustion V8 engines, these big engines and these cars. But this is the decision the company is making, not in government. And I know that you're saying, well, California is going to require in 2035 and all, I get it. But this is where it needs to be made. You need the Tesla, is you need the electric car companies of the world to make their case.

Biden Administration Dodge America Government California Tesla
Allum Bokhari on Elon Musk's Progress in Reforming Twitter

America First with Sebastian Gorka Podcast

01:19 min | 3 weeks ago

Allum Bokhari on Elon Musk's Progress in Reforming Twitter

"Writing about the Twitter drops, what is your sense about mister mask? Is it really about the First Amendment? Because he's a very canny and shrewd businessman if you look at Tesla, if you look at SpaceX, he seems quite, I mean, I was on multiple Twitter spaces with him. I got to ask him questions. I kind of, he seems quite serious. What about for you? I think he's demonstrated his seriousness and reinstating people like Donald Trump and Marjorie Taylor Greene and lots of other accounts that Twitter would never have reinstated on the dragon doors to your paraga while. So yeah, he's suddenly demonstrated serious and there has he restored everyone has he gone full First Amendment. You know, not yet, but there are a lot of things standing in the way of that notably the chokehold that app stores have over this ecosystem of an App Store, the platform's Twitter, that would be a huge hit to the company, especially given that it's already struggling with advertisers pulling out how to make up that revenue. So in a sense, you can't go too far, but he's gone quite far already. I spent restoring Donald Trump was really the big one. That's what the media and the Democrats really did not want him to do. And then now he's embarrassing the leap state by releasing all these files. Again, not telling us anything new but confirming a lot of what we knew was going on. And

Twitter Marjorie Taylor Greene Spacex Donald Trump Tesla App Store
Why ABC, NBC, & CBS Have Not Reported on the Twitter Files

Mark Levin

01:27 min | Last month

Why ABC, NBC, & CBS Have Not Reported on the Twitter Files

"The idea that he could buy this thing and expose them for their corruption And again ABC NBC and CBS have spent zero minutes as of now on the Twitter files Why Because they don't want you to know just how bad things actually were They don't want you to understand just how corrupt they are That's why if a big tree falls in the forest right and no one hears it because no one's there did it even happen That's how ABC NBC and CBS are treating this moment in time in history where they know about the corruption of the Democratic Party They know the corruption of the FBI They know the corruption that each state They know the corruption from candidates and elected officials and government officials who were emailing Twitter saying hey we don't like this account Silence and a we don't like this counts Silence said hey we don't like this tweet Get rid of it Hey we want this person banned And they did it every damn time And then Elon Musk bought it Now where they want to do they want to ruin his platform and they want to ruin Tesla stock and the process They want to destroy Elon Musk and they want to destroy anything that Elon Musk touches and they want to make sure that you don't like or use the platform They want you to believe that now it's a racist and bigoted platform They want you to believe that Twitter is now the wild west and that there's all these evil things that are happening there so that you'll shut down your account silence your account That's what they want you to believe

NBC CBS Elon Musk Twitter Democratic Party FBI Tesla
Elon Musk Twitter No Longer in Fast Lane to Bankruptcy

Bitcoin News

00:28 sec | Last month

Elon Musk Twitter No Longer in Fast Lane to Bankruptcy

"11 p.m. Sunday, December 25th, 2022. Elon Musk Twitter no longer and fast lane to bankruptcy. Tesla's CEO and Twitter chief Elon Musk has confirmed that the social media company is no longer in the fast lane to bankruptcy. Nonetheless, the billionaire emphasized that there is still much work to do on the platform. But overall it seems to be going in a good direction. Twitter won't go bankrupt anytime soon

Elon Musk Twitter Tesla
CNBC: Elon Musk Has Been Actively Seeking New Twitter CEO

Mike Gallagher Podcast

01:12 min | Last month

CNBC: Elon Musk Has Been Actively Seeking New Twitter CEO

"According to CNBC moments ago, Elon Musk has been actively seeking a new CEO, the final tally showed 57.5% of the over 17 million votes wanted must have stepped down 42.5% did not. Musk has suggested that the poll was rigged by bots and said that only Twitter blew subscribers will be allowed to vote in polls about Twitter policy changes going forward. Nonetheless, I mean, here's something that CNBC reported that people haven't noticed about Elon Musk's poll. He has said in the past he doesn't want to be the Twitter CEO permanently. Last month in a court proceeding related to Tesla where Musk is also the CEO. He said in court, I frankly don't want to be the CEO of any company. So who knows what's going to happen? What I do know is Twitter seems to be a lot more fun these days and a lot more free and it has been wild to see the left having a conniption fit over conservative voices being allowed to be on that platform.

Elon Musk Twitter Cnbc Musk Tesla
Joe Scarborough Vents Following Musk's Poll to Step Down From Twitter

Mike Gallagher Podcast

01:42 min | Last month

Joe Scarborough Vents Following Musk's Poll to Step Down From Twitter

"So Elon Musk, giving his critics, it seems what they want. Here's the cut 13 Joe Scarborough mocking Elon Musk's Twitter shocker and it is pretty shocking. I mean, he said, should I step down as Twitter? As head of Twitter, yes or no, I'll abide by the results of the decision. Well, the people have spoken overwhelmingly, he's going to step down, I guess. Here was Scarborough this morning on morning Joe. The vast majority of wealth are in blue states, regardless of who's winning elections. And those 70% are the ones that buy the overwhelming majority of Tesla. So if people on the right decide, oh, well, you know, we're going to shut down Disney World. We're going to shut down this. We're going to no you're not. There's a reason why corporations are not do gunners. I'm sorry, it's just when you see BP going out and saying how much they love nature. Whatever. They're not too good. They're worried about their bottom line, right? So it's Coca-Cola or somebody else does something that upsets the far right. You can try to own the libs. They're not doing it because they want to be loved by the libs. They want to make money. And this is what Elon Musk, I can't believe it. He never understand. Look at the data. Your teslas are bought by the limbs. You're trying to own. They don't want them anymore. Ah, so it's all about the Tesla stock. And after this poll, Tesla stock went up about 5% today.

Elon Musk Twitter Joe Scarborough Scarborough Tesla Disney World JOE BP Coca Cola
What the New ‘War of the Currents’ Means for Decentralization

The Breakdown

01:52 min | Last month

What the New ‘War of the Currents’ Means for Decentralization

"So the first piece we're going to read today is called Starlink Verizon 5G and crypto, with the new war of the currents means for decentralization. It's by Tim Kraft's who's the founder and CEO of chirp. And first appeared as part of coin desk's crypto 2023 series. Whether it's Verizon courting government contracts for its 5G upgrade, blockchain startups deploying routers with crypto mining incentives or Elon Musk making Starlink available to the Ukrainian resistance, broadband and Internet of Things IoT technologies are the new battleground for companies, ideologies, and visionaries. While it is still too early to tell whether there will be a singular or divergent solution, the new technological framework for interoperability will have ideology embedded in its code. Crypto and freedom advocates should ensure decentralization as a principle is enshrined and cooperate to realize and expand on Nikola Tesla's vision of a decentralized ubiquitous network. In the late 1800s, Thomas Edison, Nikola Tesla, and George Westinghouse found themselves in an ideological battle over the future of electricity. Threatened by Tesla and Westinghouse's widely adopted alternating currents, AC power system, Edison built out his direct current D.C. stations while deploying ruthless public relations campaigns to undermine his rival's credibility. As the three men urgently took their products to market and built out supporting infrastructure, corporations on the periphery also competed for market share, including brush electricity company, which installed its arc lighting solutions in key regions including New York City. The AC system went out and became the gold standard underlying all electrification. An important lesson remains for those developing new architecture. The best technology can drive only when it is also widely adopted. After developing the AC system, Tesla devoted much of his life to revolutionizing wireless electricity. The inventor envisioned infinite energy via a global network of towers that would electrify the world without wires.

Tim Kraft Verizon Nikola Tesla Elon Musk George Westinghouse Thomas Edison Tesla Westinghouse D.C. New York City
Elon Musk Assures He Had No Suicidal Thoughts

Coingape

00:36 sec | 2 months ago

Elon Musk Assures He Had No Suicidal Thoughts

"8 a.m. Monday, December 5th, 2022. Elon Musk assures he had no suicidal thoughts. IMG SRC HTTPS CDN dot coing date dot com can tend to float two zero two two one one two three one three one 5 5 9 Tesla bus poster dot JPG. With 360. Height 600. All Elon Musk assures he had no suicidal thoughts. Seismics with 6 40 PX 100 VW 6 40 PX. Loading lazy. Decoding async

Elon Musk VW
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

04:12 min | 11 months ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"Leasing throughout the year last year. And remember, Tesla's price increases are going to lag a little bit due to demand backlog and cost increases are going to lag as well too because of supply contracts. That being said, throughout the year last year, Tesla's average selling price increased by about $3500 while the average cost of goods sold decreased by about a $1000. So in Q one last year Tesla was making about $10,000 per vehicle sold by Q four they were making about $15,000 per vehicle sold. That happened in spite of rising materials cost in spite of rising logistics costs that we have talked about that Tesla has talked about, but Tesla's progress has very clearly outpaced those things. So if we look in hindsight, 2021, the price increases were not something that Tesla necessarily had to do, but could do because demand was so strong. So circling back around to today's price increases, I wanted to introduce these average selling price and average cost of goods sold figures to explain why I believe that continues to be the case. For simplicity's sake, let's just pretend these are U.S. only numbers, international, doesn't change the point, but complicates the example. So the average price increase here for the model three in the model Y only over the last two weeks has been $3300 at a minimum $2000 but for the model Y, the minimum was $4000 so those should wash out at least, meaning I think that 3300 is fine to use as an average selling price increase, estimate because of these price changes. That's not even including the SME X, which would provide a benefit. So let's up the average selling price by $3300, and let's look at two scenarios here. The first we're assuming Tesla makes the same amount of gross profit so about $15,000 per car. That would mean the cost of goods sold increased by the same $3300 up to $39,844. So we've got a 6% average selling price increase here, but for Tesla to actually end up making any less money per car, cost of goods sold would have to increase more than 9%. And remember, cost of goods sold isn't just raw materials that's also depreciation from the factory, direct labor costs, not necessarily all supply chain related things. And again, we're comparing against Q four actuals here, and a lot of that inflation was already happening last year. Now maybe we're just not seeing those things hit Tesla's cost of goods sold yet because of supply contracts, but we also weren't seeing the full effect of Tesla's previous price increases hitting yet either. The point is that even in the face of rising prices last year Tesla was able to lower the cost of goods sold..

Tesla U.S.
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

02:02 min | 11 months ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"Hey everybody, rob mauer here, and today we have the good fortune to be joined by Steve Wesley, he is the managing partner and founder of the west the group, as well as being a former board member of Tesla, so I wanted to spend some time today chatting about that experience as well as some of the stuff you guys are looking at with your fun and things like that. Steve, thanks for joining us, really appreciate you taking the time. You bet, glad to be here. Absolutely. So let's start with the fun a little bit, just to give people some background on kind of what you are doing, what you've been doing, as I said, former Tesla board member, but in 2007, I think you guys started the wessler group, $700 million assets under management right now. I know you just raised your fourth fund. A couple months back, $300 million fund. So you want to just tell us a little bit about what you guys focus on from an investing perspective. Absolutely. So we're one of the earliest folks investing in clean tech. And as you may know, clean deck one didn't go that well for everybody. We were one of the few that did well. And that was partially based on being one of the earliest investors in Tesla where I served on the board and shared the audit committee.

rob mauer Steve Wesley Tesla wessler group Steve
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:18 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"I think people need to understand a few of these things, normally we'd go through analyst reaction things like that. No time for that today. I've got my own analysis that we're going to talk about. Because the market really just doesn't seem to understand it. So we're going to try to help as much as we can today with that understanding, probably a fruitless process, but we'll do our best. Anyway, Tesla today after reporting earnings down 11 and a half percent causing an $829 ten cents, I don't want to be flippant. Sometimes I just can't help myself. Probably one of the dumbest reactions I've ever seen. Now, the macro wasn't great today the NASDAQ did close down 1.4% girl stocks pairing a little bit worse, but certainly not the worst day that we've had so far this year. So let's take a look at just a couple of the many reasons why I feel like Tesla is under priced and this reaction is incorrect and feel free to send this over to your friends that remain skeptical of Tesla because we're not going to be talking about FSD or the Tesla bot or anything that lies in Tesla's future. We're just going to be looking at some of the concrete numbers of Tesla's business as it stands today. As we know yesterday Tesla reported gaap earnings per share of 2.5 cents for the fourth quarter, that put them at 4.9 cents for the year, 2021. That happened to be up on ominous, 666% year over year. Now that $4 and 90 cents of gaap earnings that works out perfectly because it gives us an exact comp to Amazon. We can go back and for the year 2016, Amazon also earned gap earnings per share for the year four 90 cents. You can see the earnings chart here from macro trends and I did go and check this against Amazon's annual statement from 2016 and you can see there diluted earnings per share for 2016, 4.9 cents. Now for Amazon at the time, that was really rapid growth..

Tesla Amazon
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

03:23 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"Just to make things just a little bit smoother, even when reflecting on a historical level in the future. So I guess my best guess, but who knows on that? Do you have a favorite macro hedge Tesla? I don't say this before, but honestly, that's my answer. And it comes back to this press earnings compression, right? Like, as I've said, yes, this can definitely go lower, but it's just a matter of time, right? Tesla is going to continue growing. They're going to continue generating this operating leverage. There's a lot of things that are not even being reflected in their business yet that eventually will be. So it's just a matter of time before this really can't drop any lower. And that will overwhelm what's going on in the macro. At some point. But you have to be a long-term investor. You can sit for long periods of time. For example, 2013 to 2018, where the market's trying to figure this stuff out. Not that that was as macro related, but sometimes it takes a long time. So you just got to be patient, but yeah, that's my best answer. On that. I certainly am not buying puts on oil or something like that. Not my style. Different texts. I answered that. Thanks for asking though. Scott, thank you. I think I mean behind you. What factors would you consider for demand concerns on vehicle sales? Certainly the macro. If we head into a period of continued inflation and the fed tries to fight that back, fight back against that with raising rates. Obviously, it's not going to be a super great environment, but I don't know. I think the demographic that's buying teslas, they're still going to have disposable income. They're still going to want to drive a Tesla. Demand will be lower, but I don't think it's going to be lower to a degree that is going to do too much other than suppress Tesla's earnings power during that period of time. And this kind of goes back to the whole debate that we've had in the past about like, oh, should Tesla advertised? Should they not advertise? People say no, they shouldn't advertise because they're production constrained. Another point of view would be that, yes, you should advertise and then just raise prices because ultimately you're going to get a stronger margin from making that combination of moves. And then people say, no, Tesla shouldn't do that because it's not aligned with the mission statement. But Tesla's using that capital that they would gain to then build out more capacity, ramp up faster. So I think it's justified, not necessarily, there are more, there's more to that, but the point is that over the last 12 months we've seen Tesla raised prices and that is what they're doing right now. They're capturing stronger gross margins because of huge demand. So if you see demand decline a little bit, then you're Tesla's got flexibility, they can lower prices, but you're just not going to have that period of time where you've got as strong of gross margins potentially. So it's all related, and that's kind of what I'm talking about with the China stuff is that, as Tesla has grown deliveries there, those are obviously happening at a lower average selling price because they have a standard range model Y, North America doesn't. So it's kind of a perfect example of if there were stronger demand in China Tesla wouldn't have to sell the standard range model why they'd have stronger revenues that have higher gross margins..

Tesla Scott fed China North America
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

02:43 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"I would have to look at the formula to figure it out exactly what Tesla's PG is right now, but it's not something I used just because their earnings per share growth rate is not super sustainable. Obviously, but as Tesla starts to become bigger and we move further away from that inflection point of not profitable to profitable than I do think it starts to have a little bit more merit. So excuse me. I do think that in a few quarters from now it'll probably start to make a little bit more sense to look at once we start comping off some of these post I guess inflection point type of periods. The second part of that was PG. Okay, I got that. What are your expectations about FST beta user accounts? Well, my expectations is that we won't know them. I don't think Tesla will report them. Previously, I think I talked about this with gallium really recently. Previously, we had known the number was 11,000 from that it's a report. I think it's probably above 20,000 now. Maybe 30,000, but that's just my best guess. Ultimately, not really all that important. I don't think until Tesla decides to take that effort revenue. The deferred revenue is significant. The I think they're sending on like 1.2 billion or something that they expect to recognize. If they recognize that, that can drive again, just like what I was talking about with earnings per share. Tesla could come in and recognize a huge portion of deferred revenue and this could be then 3.5 cents. Tessa could recognize a bunch of different revenue that would drive gaap net income up earnings per share up, but if that's a one time thing, then again, I'd rather have stronger automotive gross margin. That's going to drive better numbers in the future, which is really all that matters for a company like Tesla. What I did want to mention though, now we kind of skipped over the deferred tax allowance. So same sort of boat there as FSD deferred revenue, a little bit different, but there is a couple $1 billion sitting on Tesla's balance sheet that eventually they'll recognize different tax allowance. I have no, I'm not savvy enough to figure out when that's going to happen. I kind of just always put a question mark here because at some point we'll see it. And again, that'll go on a gaap earnings. And I guess that's gaap earnings. It'll spike it up and the price earnings ratio will drop significantly because of that. Analysts are going to factor that out. But it is something worth knowing about as it is going to have at least an influence on perception, as people kind of look at those numbers a little bit differently once those things are recognized. It shouldn't happen all in one quarter, but the majority of it should happen in one quarter. Maybe this quarter, I think Tesla would be wise to kind of save that until they've got more of those ramp up costs.

Tesla Tessa
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

04:56 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"I'm still a little bit below consensus on that line, but not a huge factor there. So overall that puts my total sales forecast at just under 17.3 billion, the average analyst consensus right now is 17.2. The median 17.3 though, in fact, set at 17.1. So I'm going to run that ballpark services and others offsetting and then like I said, pretty close on automotive sales. So I'm getting into profitability here. This is, as I always say, this is one of the first things that I'm going to look at when I open the report. Because this will, like I said at the beginning, this is going to have the biggest influence on how Tesla's business looks for 2022. If we get really strong margins, that is a really strong sign of Tesla controlling their costs, which should be able to continue throughout the year. So this is one of the most critical areas of the report. And for here, I am expecting better numbers than what the street expects. So automotive profit, even though our revenue numbers are similar. And I haven't less regulatory credits, which are pure profit. I do still have automotive profit being higher. So I'm about a billion or sorry, a 100 million higher on automotive gross profit than where the streak consensus is, though, I am a little bit below the median. So again, just kind of a little bit of strange discrepancies there. Regulatory credit revenue that's there. Energy profit, we've seen these margins be pretty small, so you can see here the energy margin I'm projecting is 3.8%. That's just continuing to show small recovery from really poor revenue or really poor gross performance. At the tail on the last year in the beginning of this year, this was really driven by the solar roof though, and then Tesla changed the pricing. And we saw a significant recovery, dipped a little bit back and then Q three, so I'm projecting that to kind of start to bounce back again here for Q four with the better energy sales numbers. So for services and others, I have a three $1 million profit in there, which might sound insignificant and it is, but the important thing is that it's not a loss. What I'm forecasting. And this we the first time I think ever if Tesla can hit that, you can see last year Q four, they lost a $143 million in services and others..

Tesla
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:39 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"Could see, not absolute worst, but in general, I would have a tough time seeing it go below 50 times, because Tesla's growth projections should be at least double this rate of what we're seeing here from Amazon. During this really tough period of time. So if they were at 25 times forward earnings, if you've got double the growth on that, I think 50 times earnings on a forward basis is probably sort of the value that we can see for Tesla. So let's think about where we're coming off of here for Q four this year. I think most people expect Tesla to post gap earnings per share above $2 per share, just for the quarter. That'll annualize to more than $8. So even not even on a forward looking basis, if you kind of come in, you kind of come into that with a hundred pressed earnings ratio like we're seeing here from Amazon, then that would put the stock price at 8 50 ish and to me, that feels like a pretty decent floor for Tesla, but if you go ahead and then say it, okay, 50 times forward earnings and you go out to 2022. I think most people are expecting Tesla to deliver to deliver more than $9 earnings per share this year. On a gaap basis, my expectations are higher, let's just say ten and keep the math simple 50 times that. I think worst case here, you probably end up with Tesla at around $500 per share. And people might recoil when they hear that. I don't think that's going to happen. I'm just saying, okay, worst case, what would that look like? And that would end up being 65% haircut from Tesla's peak, which we maybe have seen once in Tesla's history. I think we've seen a couple of dips below 50%, maybe one below 60% if I remember correctly. So that would kind of track with what's happened historically. Again, I don't expect that. I think there's going to be a lot of support from a fundamental perspective for Tesla to trade around that hundred times forward earnings. So we're getting pretty close into that 809 $100 range. But I do still think it's helpful to just kind of think about that and say, okay, worst case, let's say the NASDAQ drops another 20 or 30%. I think that's what I have a lot of support in that type of an environment at those levels. I just want to also take a look at Apple. I don't remember if I had any specific thoughts on this, but you can also see that apple's price to earnings. They kind of came in to 2008 or around 37. And they ended up shopping all the way down to 9..

Tesla Amazon apple
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:00 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"I think I want to be excited about with just the run rate that we're seeing here. Obviously, with the 305,000 putting us over 1.2 million Tesla passing a million run rate for the first time on a quarterly basis, they did mention on the Q three call that they were hitting that rate and now we see that that was sustained throughout the quarter and then some by a significant amount. And I think the Shanghai, I think we're seeing over achievement to what I had most recently expected. Obviously, we had a little bit higher numbers in here after October. But then a lot of the speed, I think, in terms of my prediction or my estimate, I think it's coming from Fremont. So again, we'll have to wait till we get those China production numbers reported. But look here at how the model three and the model Y production is coming together because again, we don't know the split here, we kind of always have to estimate unfortunately the three split at Fremont. But regardless, summing these up, if this number is correct or close, that puts model three and model Y combined production at a 115,000 for the quarter versus N Q three. It was only 99,000 a 100,000. So Tesla was able to add 15% production capacity or not add product capacity, but get 15% more utilization out of basically the same amount of equipment most likely. Here in Q four versus Q three. So really seeing model three kind of get back to last year's level is my guess. I think I have model three here a little bit higher just because maybe Tesla has a little bit more battery capacity since the or maybe Tesla building a little bit more model threes since they can build more model threes with the finite number of batteries. I don't know exactly where Tesla has a constrained at this point in time, but that's why I've got model three a little bit, a little bit higher because obviously model Y out of Fremont is obviously using all large battery packs right now with just the long range and performance being offered. Anyway, that's not really either here or there, but if we look at S and X then I wouldn't say it's a disappointing number, it's kind of what I expected. But we're continuing to see S and X be below what Tesla's production capacity is, which they're trying to hit a 100,000 per year and actually even a little bit higher than that. And right now this 13,000, that comes out to about half of that production capability. That Tesla hopes to have. So we're just kind of continuing that slow ramp, but once Tesla gets that back, they should be doing a 115,000, three and Y here, plus the 25,000 Model S and X so we'd be at sorry to just do some math on the spot here. I didn't know some of this down but sometimes it's hard to follow my notes. Anyway, that'd be a 140,000 a year. Once we get S and X to their full capacity, assuming no further increase in model three and Y, so we have 560,000 then from Fremont, which is really close to the stated capacity that they have, which is 500,000 model three and Y and a 100,000 SMX..

Tesla Fremont Shanghai China
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

03:46 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"Hey everybody around now we're here and of course today we're going to be talking about Tesla's Q four delivery and production report, which came out this morning. First of all, congratulations to Tesla for an incredible quarter. I think this surpassed pretty much everybody's estimates. We're going to talk a lot about that throughout this episode. Second off, first episode of the new year, so happy new year, everybody. And third, sorry, this is a little bit late today. As I said earlier, unfortunately, I was on a flight today and yeah, it was not a good experience about 14 hours of travel for me today for something that was supposed to be about four. And did it on about three hours of sleep. So that's why this was delayed and bear with me if I make any sleep deprivation errors. But let's get into the numbers here. So as you can see on screen, as I'm sure everyone is heard by.

Tesla
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

03:06 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"You <Speech_Male> know one of the underrated <Speech_Male> elements of tesla. <Speech_Male> <Speech_Male> I think is their ability <Speech_Male> to extract <Speech_Male> high <Speech_Male> utilization. <Speech_Male> Whether that's from <Speech_Male> hopefully eventually rebel <Speech_Male> taxis <Speech_Male> or <Speech_Male> inanity side of the business <Speech_Male> with <Speech_Male> With things like auditor <Speech_Male> <Speech_Male> so exciting stuff there <Speech_Male> Next year this <Speech_Male> is just a quick <Speech_Male> Update on a <Speech_Male> patent. So we have actually talked <Speech_Male> about this before. But it's <Speech_Male> been a couple of years <Speech_Male> while <Speech_Male> back in may twenty. <Speech_Male> Nineteen tesla <Speech_Male> filed his patent for <Speech_Male> <Speech_Male> Lasers that <Speech_Male> will potentially clear <Speech_Male> debris off of <Speech_Male> glass so <Speech_Male> <Speech_Male> Off of windshield. <Speech_Male> Or you know maybe <Speech_Male> a camera lens or something <Speech_Male> like that on <Speech_Male> a vehicle <Speech_Male> So they've got this diagram <Speech_Male> here showing how <Speech_Male> that patten would work. <Speech_Male> That patton was approved. <Speech_Male> So <Speech_Male> <Speech_Male> i don't have a ton of comments <Speech_Male> on that. I don't know that that could <Speech_Male> fully replace <Speech_Male> <Speech_Male> An actual <Speech_Male> wiper. <Speech_Male> I'm not sure <Speech_Male> how great it would be <Speech_Male> for water. I think it would be <Speech_Male> more for like a <Speech_Male> you know debris <Speech_Male> that's maybe stuck on there. <Speech_Male> That's not coming off the <Speech_Male> wiper <Speech_Male> <Speech_Male> But <Speech_Male> we'll see if <Speech_Male> <Speech_Male> if that gets implemented <Speech_Male> Kind <Speech_Male> of kind of crazy <Speech_Male> to <Speech_Male> go through and read that <Speech_Male> you know. Readout <Speech_Male> tussle describes <Speech_Male> that laser laser <Speech_Male> system. A <Speech_Male> cool stuff. <Speech_Male> So i wanted to point that out <Speech_Male> <Speech_Male> The other news. I don't <Speech_Male> have a pulled up here but <Speech_Male> looks like <Speech_Male> samsung is <Speech_Male> selected <Speech_Male> I think taylor. <Speech_Male> Texas <Speech_Male> for chip <Speech_Male> fab that they're gonna invest <Speech_Male> seventeen billion dollars <Speech_Male> in so <Speech_Male> <Speech_Male> You know there will be <Speech_Male> that pretty close to <Speech_Male> dessel down there <Speech_Male> in austin <Speech_Male> <Speech_Male> right in less than <Speech_Male> here so just a quick <Speech_Male> update so the biden <Speech_Male> administration today <Speech_Male> released a report <Speech_Male> basically showing <Speech_Male> that they believed that the united <Speech_Male> states can get forty <Speech_Male> percent of 'electricity <Speech_Male> from <Speech_Male> solar energy by <Speech_Male> twenty thirty five. <Speech_Male> I think today <Speech_Male> it's around four percent <Speech_Male> so <Speech_Male> obviously <Speech_Male> hoping for some <Speech_Male> significant growth <Speech_Male> there <Speech_Male> Looks like they <Speech_Male> would want <Speech_Male> to achieve that target <Speech_Male> by installing <Speech_Male> about thirty gigawatt <Speech_Male> hours per year <Speech_Male> <Speech_Male> Up <Speech_Male> until up <Speech_Male> until twenty twenty five <Speech_Male> and then <Speech_Male> doubling <Speech_Male> that from twenty five <Speech_Male> to twenty thirty <Speech_Male> to sixty <Speech_Male> gigawatts. Sorry <Speech_Male> i might have said gigawatt <Speech_Male> hours <Speech_Male> but <Speech_Male> thirty gigawatts per year <Speech_Male> and then doubling that to <Speech_Male> you sixty <Speech_Male> gigawatts from twenty <Speech_Male> twenty five to twenty thirty. <Speech_Male> <Speech_Male> So <Speech_Male> hopefully <Speech_Male> we'll see that <Speech_Male> <Speech_Male> You know. I think we're all <Speech_Male> excited about the potential for <Speech_Male> solar so. <Speech_Male> <Speech_Male> I think the more the <Speech_Male> us has in that direction. <Speech_Male> I think probably the better <Speech_Male> <Speech_Male> But we'll see <Speech_Male> <Speech_Male> all right so with that <Speech_Male> I think we're <Speech_Male> going to wrap it up. Hopefully everything <Speech_Male> went smoothly there <Speech_Male> Let me know <Speech_Male> in the comments today. What you're thinking <Speech_Male> for for q three <Speech_Male> in terms of production <Speech_Male> We can <Speech_Male> kind of have a little <Speech_Male> back and forth on that <Speech_Male> And hopefully <Speech_Male> come to good number by the time <Speech_Male> we get the results <Speech_Male> in <Speech_Male> less than <Speech_Male> i think four weeks now <Speech_Male> he <Speech_Male> threes flying by so <Speech_Male> <Speech_Male> almost in q. Four <Speech_Male> already kinda greasy. But <Speech_Male> that'll do <Speech_Male> for today as always <Speech_Male> thank you for listening <Speech_Male> make sure subscribed and <Speech_Male> signed up for notifications. <Speech_Male> You can also find me <Speech_Music_Male> on. Twitter at tesla <Speech_Music_Male> podcast. <Speech_Male> And i'll see you tomorrow for <Speech_Music_Male> the thursday september <Speech_Music_Male> <Advertisement> ninth episode <Speech_Music_Male> of tesla. <SpeakerChange> Deal <Music> thank

tesla patton samsung taylor austin Texas Twitter
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

03:22 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"The you know this is a huge total addressable market. It's basically all of human labor. I've seen some of the criticisms be. Okay this is why you're gonna make a robot and human form factor. You should make it more specialized or get things that humans don't have and things like that and you know tussle certainly going to be open to that as they work on the development here but It needs to be recognized that this is attempting to be a very general purpose solution. All the infrastructure in the world has been built around humans designed for humans you can't make specialized robots for every single individual use case Just not affordable so the point of the vessel about is to be a general purpose thing that you can be flexible like a human. Maybe not as much but in certain circumstances. Have that flexibility to work on a variety of different things and keep those costs low for a general purpose lucien. One thing that strikes me is they is interesting to see tesla kind of leave just cars behind and dive into different sections of various markets. But it also makes me wonder just how feasible this is long term like for example with the solar roof. You know maybe maybe we haven't quite seen tesla's solar hit. It's time yet but it makes you wonder if you're going in robotics. Directions and cars and solar roofs like where. How do these things. All kind of intertwine or maybe. It's a good thing that they don't yeah. I think there's definitely you know definitely diversifies the business for sure. But again i think on the on the tussle bought specifically what tesla sitting there and thinking about is okay. We've got specialization. in batteries. we got specialization and power electronics and motors. and now we're building out specialization. And what you on calls real world. Ai so the ability to perceive the world through a camera based vision system and basically applying that to their cars so you they view the the car as the body the vision system as the brain. And you sit there and you think ok well if we were developing all this technology why are we going to limit that specifically to vehicle like a car when we could also added to another type of vehicle which is just a different form factor Here with the tussle bought. That could be used for a lot of different other things when you think about it that way to actually does seem like a very natural progression Almost seems kind of obvious. In hindsight so i think it totally makes sense But the the point about this whole roof is a great one. We have seen tesla diversify into other projects in the fast in the past that are seemingly a little bit more tangential and They've had a lot of success in the energy storage business and solar. It's been a little bit. You know more of a mediocre performance but still a lot of potential for for the future there and you know personally as tesla investor. I'm not super concerned. With with how the businesses developing at this exact moment but more concerned with how the overall macro trends are going to play out. And i believe that that is definitely heading towards renewable energy electric vehicles. Autonomous vehicles Tesla's doing their best to lead in those categories which are obviously huge addressable markets. Throwing the tussle about in there. You know you've got automotive energy and then labor you can't get bigger just while markets than that so does it doesn't need to be perfectly successful. On every single of these areas..

tesla motors
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

04:37 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"Tesla's done a great job of cultivating a lot of really loyal customers a lot of people that are fanatics of the company to be honest and Yeah i think that is definitely an advantage. For tesla tesla doesn't spend any money on advertising More evidence of you know demands being very solid and robust so yeah. I think that's that's something that can sustain for tesla tesla has shown the world but they're taking a very different path from What the auto industry has had for multiple decades in a row now so. I think that's really helped. Cultivate things and then of course he got you on at the top Pushing his means and things like that just doing things a little bit differently than you might see from. A legacy automaker ceo. Well when it comes to kind of carving your own path there are things negative things that come with that. For example tesla autopilot system is being investigated by the government right now which the coverage of this is interesting. Because i'm curious. And i wanna get your take here. A lot of the tesla fan base for example criticizes mainstream media saying that they cover tesla's car crashes when it comes to autopilot mode or self-driving mode more harshly than they do with four g. m. like any other legacy carmaker. Do you agree with that. I do agree with. And i think part of that is just because tesla general gets more attention negative headlines in general. Get more attention. So you've got kind of this combination of factors there. That's creating a strong incentive system for mainstream media to cover tesla and cover them in a negative way. That's just naturally. What's going to drive more clicks than you know. Writing an article without gm super cruiser for blue grew so the other part of it just in terms of like the. The knits investigation. So yes and it says investigating autopilot Not necessarily a bad thing like we have to wait until there's a conclusion to an investigation that could be many months from now It's a preliminary evaluation stage right now at any given time that's as doing about thirty of those So you know. A lot of people have heard about the sessile investigation probably no one could name a single of the other twenty nine investigations that are ongoing right now so I do think there's there's definitely a double standard but their incentive incentive structures in place that kind of drive that double standard. I wouldn't say it's not necessarily entirely on the media. It's also on the people of kind of giving that attention to the media to and driving that Making that.

tesla gm
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:08 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"Screen Tesla has updated their mobile app. So for those of you that you don't have tusla's or don't have your tesla yet. You can see here just a quick shot of it I personally you know. I actually kinda liked the design a little bit better but it seems like thankfully i am in the minority for that Seems like most of the feedback so far online has been pretty positive assaults. Good to see that it sounds like the main things. It's it seems a lot better for households with do tesla's seems to be able to Flip between those vehicles more quickly. Allow you access to both them without having actually go in the app and change your car So sounds like some good improvements there on a fundamental level Side from just the redesign And sounds like things are just a little bit snappier to you. Which i haven't had much of a much of a chance to play around with yet The other thing that i wanted to talk about just because we've got this app. Update is that's a user here on read. It has done a little bit of digging through the new code for the app which. I've always happens whenever we had something like tessa website update or an update And it looks like there may be some changes to the referral program. Coming based on some of the language that's hidden in the code of apps out says here use my referral link to purchase a tesla product and get free credits. You can redeem for awards like supercharging miles merchandise and accessories and one thing. I don't have on the screen shot here but they will notice any app as that tesla's integrated the shop portion of tussles website. So were they have merchandising accessories. that's now integrated directly into the app Which may be of why they did. This is because they are adjusting the referral program to not just be a thousand miles and free supercharging but some sort of credits here for Things in the shop. So kinda interesting I would imagine that if there are things like that it would be in a way that is still going to save tesla money on their referral program over. Also i wanna get super excited about being very lucrative for referrals Can't see tesla wanting to spend more on referrals. This point with demand being as strong as it is operatives. Looks like maybe some changes coming there. All right next appear so we've just got a little bit of an update on motto plaid You can see the headline here. Pled crashes during the nurburgring testing so aside from the crash. I think the important point here is that The model s. is back at the nurburgring doing testing. Hopefully we'll get to see some latte times reported here pretty soon. I'm not sure there have been any laptops reported yet But you know no surprise for for crash like this when you're trying to push vehicle tooth absolute limits and Sometimes that results in in a little bit of a crash so looks like that did happen. Not sure on the severity. I'm guessing not not super severe Obviously those courses are set up to be as safe as absolute possible despite high speed High speed racing. But it's good to see the the plaid back at the nurburgring..

tesla tessa
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

02:01 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"Everybody raum our here and today we're gonna be talking about a couple of really important reports. First tesla's most recent impact report which has a ton of fascinating details and it won't go through the highlights. There that release also coincided with a huge new report on climate change by the will spend some time on that as well and then we've got a few other quick hits of news which will run through at the beginning. Quick look at tesla stock another relatively low volume day to day to start the week off just under fifteen million shares traded but tussles up two point one percent on the day to seven hundred and thirteen dollars. Seventy six cents that compared to the nasdaq up about two tenths of a percent. Cosstalk did see an upgrade today from jeffries and almost philippa who schwa- upgrading from neutral to buy which as we've talked about upgrades like that where they're actually rewriting. The stock those are more significant to analysts than press targeted adjustments. But that being said he did increase his price. Target from seven hundred dollars per share up to eight hundred fifty. From the note quote valuing tesla is as challenging as ever we raise our discounted cash flow base price target from seven hundred dollars to eight hundred fifty dollars on higher profitability and accelerated growth. While at thirty five percent five year compound annual growth rate. we remain below tessa. Guidance of fifty percent as trend growth desa currently trades on nine times revenue and sixty two times earnings before interest and tax a level disconnected with auto multiples but in our view more consistent with net growth lack of legacy issues and wider addressable markets including energy generation and storage and one. Quick little note here. Just because i do see these inflated allot tesla has guided for greater than fifty percent growth compounded annually for vehicle deliveries. That doesn't necessarily mean revenue would grow at fifty percent. Plus obviously it very well could but that's not what tesla has specified so to me. It's not super clear but it does look like in this case. Jefferies is comparing their revenue forecasts tesla's vehicle delivery guidance and tennessee that a lot so just wanted to point that out next year. We've got an update on giga texas. From joe tag mayer. He does drawn flyovers there and remember last week. We had talked about him here. He that tussle was going to be doing a test. Production run for the mentawai next week. Which would not be this week

tesla joe tag mayer Jefferies tennessee india texas Joe elon Reuters twitter Musk china
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:01 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"Looked at below three hundred fifty. It's like three hundred forty seven x right now Again remember four months ago. Four or five months ago tesla's price to earnings was over a thousand and you hear these people. Complaining about tesla can never grow into that valuation. Well they've already cut that you know seventy percent in just five months so again looking forward tesla gonna continue to drive this up You know we're gonna probably get another quarter next quarter in maybe above a dollar again And then you're gonna be replacing this twenty-seven quarter with another dollar quarter and. Let's just do the quick math on that that gets us to. Maybe you know to sixty five fish and gap earnings per share trailing twelve months. Let's say the stock is at seven hundred. So then that's gonna bring your earnings per share down sue or sorry your price to earnings ratio down to Two hundred and sixty four x so just gonna continue to drop unless the stock price rises. yup free cash flow of six hundred million dollars Analysts were expecting negative hundred and fifty million dollars so much better free cash on their tesla did talk about paying down debt. So i think they're actual cash on hand did decline And they'll continue to pay down debt it looks like in q. Three as well so Nothing to be concerned about plenty of cash on hand and cashel positive That's really what gives you a sense of potential on the business Excluding some of those one time diamonds. The only thing. I we didn't talk about in the financials yet is solar so that did come a little bit lighter than what i expected But still i think it was up three three times last year. you last year so eighty five megawatts there But again huge beat on the storage side definitely making up for that and driving that energy sales beat so let's hop over to the earnings letter here Just a couple of things..

tesla
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

05:33 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"I'm extremely impressed with what has been able to accomplish in the second quarter. Uh going to quickly go through. The financial results will look at a couple of takeaways from the shareholder letter as well and then we are going to segue into the earnings call. Afterwards of there'll be a different link for that down in the show notes but we'll get this out before then so right off the bat. Let's just look at some of the numbers here. Shift over to excel and we can see how tesla's actual compared to the analyst consensus as well as the numbers that was forecasting so deliveries. No surprise there came in right as we expected them to as they usually do automotive sales. tesla significant beat here versus what i was expecting in versus what analysts were expecting a three percent above my levels two percent above the analysts consensus that was driven by Better actual average selling prices because as you can see here regulatory credits which we talked about. In the preview i've consistently been forecasting those two high this time forecast them to her forecast tula previously. This time forecast them. too high. as at five hundred million deaths reported three hundred fifty four million meaning non automotive sales excluding regulatory credits was way way higher than what i had expected meaning average selling prices. Were much better than what. I had predicted Same thing here. With energy tussle beating my expectations by twenty six percent. Animals consensus by thirty nine percents Driven by just greater They say greater recognition of mega pack sales as quarter. Scroll down here. We can see that. A tesla over about one point three gigawatt hours of energy storage. A second highest ever. I and significantly up quarter over quarter about three times. What tesla did in key one. I'm quite a bit higher than my expectation as well as analyst consensus so that drove a beat on the energy line and then the service and other line that also came in ahead of analysts expectations. About right where i was. Forecasting it at So tesla delivering a pretty big beat about a four percent beat on the top line number there with about twelve billion dollars in revenue up ninety eight percent year over year so super happy with the top line but as you guys know one of the first things that i look at when opened up the report is automative gross margin excluding regulatory credits so is forecasting a two hundred ten basis point increase year. Quarter over quarter Tesla delivered a three hundred three hundred eighty basis point increase so driving their automotive gross margin x. Credits up to nearly twenty six percent. Twenty five point. Eight percent here That's seven percent better. Seven percentage points better than last year obviously last year tussle was dealing with impacts of the pandemic. But still you can see here. This is the highest quarter by far In the last fifteen months so super super.

tesla
"tesla " Discussed on Tesla Daily: Tesla News & Analysis

Tesla Daily: Tesla News & Analysis

02:08 min | 1 year ago

"tesla " Discussed on Tesla Daily: Tesla News & Analysis

"We're here we just got tesla's cute cute. Twenty-one earnings report and shareholder letter and wow the results are phenomenal. I'm extremely impressed with what has been able to accomplish in the second quarter. Uh going to quickly go through. The financial results will look at a couple of takeaways from the shareholder letter as well and then we are going to segue into the earnings call. Afterwards of there'll be a different link for that down in the show notes but we'll get this out before then so right off the bat. Let's just look at some of the numbers here. Shift over to excel and we can see how tesla's actual compared to the analyst consensus as well as the numbers that was forecasting so deliveries. No surprise there came in right as we expected them to as they usually do automotive sales. tesla significant beat here versus what i was expecting in versus what analysts were expecting a three percent above my levels two percent above the analysts consensus that was driven by Better actual average selling prices because as you can see here regulatory credits which we talked about. In the preview i've consistently been forecasting those two high this time forecast them to her forecast tula previously. This time forecast them. too high. as at five hundred million deaths reported three hundred fifty four million meaning non automotive sales excluding regulatory credits was way way higher than what i had expected meaning average selling prices. Were much better than what. I had predicted Same thing here. With energy tussle beating my expectations by twenty six percent. Animals consensus by thirty nine percents Driven by just greater They say greater recognition of mega pack sales as quarter. Scroll down here. We can see that. A tesla over about one point three gigawatt hours of energy storage. A second highest ever. I and significantly up quarter over quarter about three times. What tesla did in key one. I'm quite a bit higher than my expectation as well as analyst consensus so that drove a beat on the energy line and then the service and other line that also came in ahead of analysts expectations. About right where i was. Forecasting it at So tesla delivering a pretty big beat about a four percent beat on the top line number there with about twelve billion dollars in revenue up ninety eight percent year over year

tesla