tl;dr
Tesla (NASDAQ:TSLA) surged in postmarket trading despite a sharp drop in Q1 revenue, deliveries, margins, and EPS. Investors are optimistic about the company's commitment to launch a more affordable model utilizing existing manufacturing lines. During the earnings call, CEO Elon Musk emphasized the ...
Tesla (NASDAQ:TSLA) surged in postmarket trading despite a sharp drop in Q1 revenue, deliveries, margins, and EPS. Investors are optimistic about the company's commitment to launch a more affordable model utilizing existing manufacturing lines. During the earnings call, CEO Elon Musk emphasized the long-term dominance of EVs and hinted at new models using autonomous technology. Musk also highlighted the potential of the latest FSD release and discussed licensing discussions with major automakers. Musk also expressed confidence in the humanoid robot project, Optimus, and highlighted the progress in autonomous driving, envisioning a future where non-autonomous cars become obsolete. Analysts have varied reactions, with concerns about negative free cash flow and demand worries countered by optimism about Tesla's tech company status and the potential of the low-cost model. Tesla's stock rose 10.38% in postmarket trading to $159.68, signaling a recovery after a recent downturn. Rivian Automotive and Li Auto were also up in the late session.
More about Tesla Inc
Tesla Inc.
Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla's current products include electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, as well as other related products and services. In 2020, Tesla had the highest sales in the plug-in and battery electric passenger car segments, capturing 16% of the plug-in market (which includes plug-in hybrids) and 23% of the battery-electric (purely electric) market. Through its subsidiary Tesla Energy, the company develops and is a major installer of solar photovoltaic energy generation systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 3 GWh of battery storage supplied in 2020.
Manufacturing
Industry: Motor Vehicles & Passenger Car Bodies
Revenue: $452.39 billion
Profit Margin: 32.96%
Dividend: None
Previous Close: $4.31
Day Range: $30.49
EPS: 0.155
Market Cap: $96.77 billion
P/E Ratio: 183.14
Volume: 1.115
Change: 0.035
More about Uber Technologies Inc
Uber Technologies, Inc. (UBER) operates as a prominent American technology company, offering a diverse range of services including ride-hailing, food delivery (Uber Eats), package delivery, couriers, freight transportation, and electric bicycle and motorized scooter rental through a partnership with Lime. The company is headquartered in San Francisco, California.
Industry: Trade & Services
Sector: Business Services
SIC Code: 7389 - Services-Business Services, NEC
Market Cap: 143.58B
Current Price: $79.29
Dividend Yield: None
EPS: 0.87
P/E Ratio: 18.31
Beta: 0.0506
Volume: 37,281,001
Latest Close: $86.78
52-Week High: $1.269
52-Week Low: $0.154
More about Airbnb Inc
Airbnb Inc Analysis Summary Airbnb Inc Analysis Summary
Airbnb, Inc. is an American company that operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities, based in San Francisco, California.
Sector: TRADE & SERVICES
Industry: SERVICES-TO DWELLINGS & OTHER BUILDINGS
Market Cap: 99,499,344,000
Current Price: $21.63
Dividend Yield: None
PE Ratio: 7.24
EPS: 15.57
Beta: 0.483
Revenue: 9,917,000,000
Net Income: 148,880,000
Debt to Equity: 2.71
Current Ratio: 0.166
More about Rivian Automotive Inc
Rivian Automotive Inc
Industry: Manufacturing - Motor Vehicles & Passenger Car Bodies
Revenue: $8,591,785,000
Net Income: -$5.74
EBITDA: $4.682
Market Cap: -$1.225
EBIT: $4,434,000,000
P/E Ratio: 17.24
Dividend: $0
Payout Ratio: 0.983
More about Li Auto Inc
Li Auto Inc. Stock Analysis Summary
Li Auto Inc. designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China. The company is headquartered in Beijing, China.
Sector: Manufacturing
Industry: Motor Vehicles & Passenger Car Bodies
Market Cap: $24.965 billion
Current Price: $15.97
Dividend Yield: None
Price/Earnings Ratio: 1.56
52-Week High: $125.87
52-Week Low: $0.0945
Volume: 123,851,334
EPS: $52.27
PE Ratio: 20.69
Beta: 1.364
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