What to expect from Tesla's earnings on 18 July 2022 - milestones and macro muse
This week's earnings involve one of the most watched companies in the world - Tesla. Tesla With Elon Musk as their Maverick CEO, this is one of the most noticeable businesses in the world. While most of us will relate to Tesla as an Electric Vehicle (EV) manufacturer, Tesla is m way more than an automaker. We should view Tesla as a leading innovator of sustainable solutions that range from solar energy, EV, energy storage, Artificial Intelligence (seen in their FSD autonomous driving solution and their humanoid venture in Optimus) and other service offerings like Tesla insurance. Tesla has a forecast of $1.86 and $16.52B for their EPS and revenue respectively for their coming earning report. Since the recent peak in November 2022, Tesla has been in a decline though they saw a rise of 11.79% from a year ago. Tesla remains a volatile stock with a beta of 2.13 (where a beta value of more than 1 is considered volatile). For the last few weeks, the price ...