Tesla Inc Stock Price, News & Analysis

Tesla has announced its financial results for the first quarter of 2023, available on its Investor Relations website. A live Q&A webcast will take place on April 19, 2023, at 4:30 p.m. Central Time, allowing stakeholders to discuss the results and outlook. Investors can access the full update and the archived webcast at https://ir.tesla.com. The company continues to provide transparency and engagement with its investors, facilitating discussions on performance metrics and future outlook.

Tesla produced over 440,000 vehicles and delivered more than 422,000 vehicles in the first quarter of 2023, maintaining a gradual shift towards a balanced regional production mix. The production included 19,437 Model S/X and 421,371 Model 3/Y vehicles. The company will disclose its detailed financial results for Q1 2023 after market close on April 19, 2023, followed by a live Q&A session at 4:30 p.m. CT to discuss earnings and outlook. It's important to note that vehicle deliveries are only one measure of financial performance and do not solely indicate quarterly results.

The global graphite market is expected to grow significantly, reaching an estimated USD 25.70 billion by 2028, driven by the soaring demand from the lithium-ion battery industry and the steel sector. The market had a size of USD 14.83 billion in 2021. Electric vehicles and energy storage systems are anticipated to further enhance this demand, especially as countries transition to green energy. Companies like Tesla (TSLA) and Nouveau Monde Graphite (NMG) are key players in this evolving landscape. Notably, Reflex Advanced Materials Corp. has made a strategic investment in Bio Graphene Solutions Inc. to explore advanced materials applications.

Tesla has announced the schedule for its Fourth Quarter and Full Year 2022 Financial Results Q&A Webcast on January 25, 2023, at 4:30 p.m. Central Time (5:30 p.m. Eastern Time). The financial results will be available on its Investor Relations website. This webcast will allow investors and analysts to engage with management and discuss the company’s financial performance and outlook. The live webcast, along with an archived version, can be accessed through Tesla’s Investor Relations page.

Tesla reported significant production and delivery numbers for Q4 2022, producing over 439,000 vehicles and delivering over 405,000. Full-year results showed a 40% YoY increase in deliveries to 1.31 million and a 47% YoY rise in production to 1.37 million. The company aims for a more balanced regional vehicle mix, although this has led to increased cars in transit. Tesla will announce its Q4 and full year 2022 earnings on January 25, 2023, followed by a Q&A session at 4:30 PM CT.

Tesla will host its 2023 Investor Day on March 1, 2023, streamed live from Gigafactory Texas. Investors will have the opportunity to attend in person, with more details to come. The event aims to showcase Tesla's advanced production line and discuss significant topics, including long-term expansion plans, the generation 3 platform, and capital allocation strategies with the leadership team.