Tesla’s Profit Beats Estimates, Revenue Falls Short

The earnings call highlighted Tesla's financial performance, noting a significant profit beat but a slight revenue miss. Despite Elon Musk's absence, executives emphasized the company's continued growth trajectory. Investors reacted to the revenue miss, causing a slight dip in stock prices, although the stock has risen significantly since April. Tesla's handling of supply chain challenges, particularly chip shortages, was also discussed, showcasing their technological adaptability.

What was a notable change in the recent Tesla earnings call?

• Tesla's CEO changed.

• The call was held in a different country.

• Tesla announced a new product line.

• Elon Musk was absent for the first time.

How did Tesla's automotive gross margin compare to analyst expectations?

• It was below expectations.

• It was not disclosed.

• It matched expectations.

• It exceeded expectations.

What was the investor reaction to Tesla's revenue report?

• Investors were unaware of the revenue report.

• Investors reacted negatively to a small revenue miss.

• Investors were indifferent to the revenue.

• Investors were pleased with the revenue.

By how much has Tesla's stock increased since its low in April?

• 40%

• 70%

• 25%

• 55%

How is Tesla addressing the component shortage?

• By outsourcing production.

• By halting vehicle sales.

• By modifying software to maximize chip usage.

• By reducing production.