Tesla Q4 Earnings: What Should Excited Investors Expect?

The microchip shortage has investors concerned but new models are cause for excitement; here’s what you can expect with Tesla’s earnings.

Jan. 21, 2022

Tesla (NASDAQ: TSLA), the worldwide electric vehicle (EV) market leader, is releasing its earnings next week and the investing world is expecting impressive numbers. The company shattered expectations yet again when it announced its deliverables a few weeks ago. For the fourth quarter of 2021, Tesla delivered 308,000 vehicles and for the entire year, 936,000; analyst projections put the numbers at 270,000 for the quarter and 897,000 for the year. 

This deliverable number demonstrates Tesla’s impressive production power as it has doubled every year for the last two years despite pandemic-related headwinds. The company will continue to churn out vehicles including its highly anticipated Cybertruck as it optimizes its Berlin and Austin factories. 

When is Tesla’s earnings date?

Tesla reports earnings for the fourth quarter of 2021 on Wednesday, January 26th, at 5:30 pm Eastern Time. 

How can I listen to Tesla’s earnings call?

To listen to the call and to access the transcript, as well as the shareholder’s letter and the financial statements for the quarter, all you need to do is go to Tesla’s Investor Relations Page.

What to expect from Tesla’s earnings?

Wall Street expects Tesla to post earnings of $2.26 on revenue of $16.2 billion. At the same time last year, earnings were $1.03 on revenue of $10.7 billion, so that would reflect an increase of 119% and 51%, respectively. Some analysts are also predicting gross profit of $4.84 billion and gross margin at 28.8%. This would represent a year-over-year (YoY) increase of 134% and 50%, respectively.

With Giga Shanghai continuing to churn out 650,000 vehicles per year, the company will no doubt further boost production with both Giga Berlin and Austin going live this year. In fact, analysts project deliverables to reach 1.7 million in 2022. Although not quite doubling last year’s number, it’s close enough and the year has only just begun. 

The investment world has been abuzz with rumors of the Cybertruck and this is its year so any updates would be welcome on the call. Additionally, the company’s Semi Truck is due to be released this year to take on the commercial market so again, any news would be appropriate. Most significant, however, would be the discussion of Tesla’s forthcoming Model 2. 

With a starting price of only $25,000, the vehicles will undoubtedly see massive adoptions from traditional gas drivers and will be a huge revenue source for the company. And finally, As companies around the world continue to feel the impact of the microchip shortage, how has Tesla been affected and what steps is it taking to work around the issue.