Founder's Call: Key Investor Takeaways from Tesla's Pivotal Earnings Report By Andy Swan  Watch Now It's no secret that the LikeFolio team are Tesla (TSLA) bulls, and this week's earnings announcement certainly hasn't changed that.
Despite delivering lackluster first-quarter results – earnings per share (EPS) of 45 cents fell short of expectations (49 cents), as did the $21.3 billion in quarterly revenue – TSLA rallied on the back of several exciting announcements. And we're more bullish than ever.
Today, we're going to take a deep dive into that earnings call and examine our insights, the market's take, and the lightning-fast developments at the company… plus, how our readers can get a jump on regular investors by harnessing our LikeFolio data.
We were ahead of the curve in February after the company's Q4 2023 earnings miss, issuing a buy alert on the dip. The current year may be a less profitable one for Tesla, but what's coming promises to propel the company into an even stronger leadership position among EV and even regular carmakers.
CEO Elon Musk is laser-focused on autonomous vehicles – specifically the improvements made in current Teslas' Full Self-Driving (FSD) capabilities, plus the buzzworthy robotaxi system that the company plans to implement in just a few short months. He also offered a faster timeline on the eagerly awaited lower-cost EV, the Model 2, beginning production in early 2025.
Counting out TSLA could prove a costly mistake for investors. Its stock price jumped +10% after earnings, and LikeFolio metrics, including Consumer Happiness, mentions, and web visits are surging since that last buy alert.
Get the details and see all the data in today's Founder's Call.
Until next time, |
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Andy Swan Founder, LikeFolio 📌 Don't Miss the Latest LikeFolio Investor Opportunity Alert It's Time to Pull the Trigger on Chipmaker AMD Advanced Micro Devices (AMD) has long been the scrappy underdog nipping at the heels of giants like Nvidia (NVDA) and Intel (INTC). Here's why you should play it now. |
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