Tesla Teases Electric Van, Sees Delivery Surge While Earnings Miss

  • Tesla (TSLA) missed Q4 earnings estimates but sees 2021 delivery growth accelerating from 2020's pace and confirmed new Model S and X versions are coming. Tesla stock fell.
  • On a call with analysts late Wednesday, CEO Elon Musk also suggested the timeline for the Cybertruck had slipped a bit and said Tesla is going to make electric vans at some point.
  • Estimates: Analysts expected EPS of 90 cents, more than double the same period a year ago, as revenue climbs 37% to $10.13B.
  • Results: EPS of 80 cents on revenue of $10.74 billion. Revenue from regulatory credits shot up 202% to $401 million. Deliveries surged 61% in Q4 to 180,667, led by a 75% pop from the Model 3.
  • Tesla said the Fremont factory will resume Model S and X production in Q1 after retooling for new versions of both EVs. Changes include a new powertrain and interior as well as exterior improvements, among other things.
  • Quarter-end cash and cash equivalents increased to $19.4 billion in Q4, driven mainly by Tesla's recent capital raise of $5 billion and free cash flow of $1.9 billion, partially offset by early debt repayments.
  • Outlook: Tesla sees 50% average annual growth in vehicle deliveries, with 2021 expected to be faster than that pace. In 2020, deliveries grew 36% to 499,647.

    Tesla fundamentals

    Over the current book year the total revenue will be 48.68 billion USD (consensus estimates). This is hugely more than 2019's revenue of 31.54 billion USD.

    Historical revenues and results Tesla plus estimates 2020

    aandelenanalysesTesla

    The analysts expect for 2020 a net profit of 4.5 billion USD. According to most of the analysts the company will have a profit per share for this book year of 4.2 USD. Based on this the price/earnings-ratio is a significant 199.95.

    For this year analysts don't expect the company to pay a dividend. The average dividend yield of the automobile producers is a limited 0.82 percent.

    Latest estimates around 214 USD

    The most recent recommendations for the automobile producer are from JP Morgan, Sanford C. Bernstein & Co and UBS .

    Based on the current number of shares Tesla 's market capitalization equals 760.03 billion USD. The Tesla stock was the past 12 months quite unstable. Since last February the stock is even 438 percent higher. This year the stock price moved between 70 and 900 dollar.

    Historical stock prices Tesla

    stock teslamotors

    Click here for dividend Tesla Motors. At 21.54 the stock trades 3.74 percent higher at 839.81 USD.

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