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Release of 2Q 2021 results for Tesla - TKL's forecast
24 Jul 2021 (206 views)

Tesla will be releasing its 2Q 2021 earnings on the close of trading on 26 July.

Based on the price movement, the investors are cautious about the results. They probably expect the results to be disappointing.

They expect Tesla to report a loss on its holdings in bitcoin. Some bears also expect that the regulatory credit for Tesla may reduce.

I had expected the stock price to move up since the release of the delivery numbers for the quarter. The delivery was better than expected by the market.

I believe that Tesla may report earnings that are better than expected due to a drop in the cost of manufacturing their electric vehicles. As they expand the production, they will enjoy the economy of scale. 

I hold 500 shares of Tesla (with a market value of $320,000 USD). 

Watch this video for one bullish forecast of the 2Q results. 
https://www.youtube.com/watch?v=6MZCS1Mrw5U

Tan Kin Lian


Release of 2Q 2021 results for Tesla - TKL's forecast
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Tesla will be releasing its 2Q 2021 earnings on the close of trading on 26 July.

Based on the price movement, the investors are cautious about the results. They probably expect the results to be disappointing.

They expect Tesla to report a loss on its holdings in bitcoin. Some bears also expect that the regulatory credit for Tesla may reduce.

I had expected the stock price to move up since the release of the delivery numbers for the quarter. The delivery was better than expected by the market.

I believe that Tesla may report earnings that are better than expected due to a drop in the cost of manufacturing their electric vehicles. As they expand the production, they will enjoy the economy of scale. 

I hold 500 shares of Tesla (with a market value of $320,000 USD). 

Watch this video for one bullish forecast of the 2Q results. 
https://www.youtube.com/watch?v=6MZCS1Mrw5U

Tan Kin Lian