Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: US$0.15 (vs US$0.13 in 1Q 2025) First quarter 2026 results: EPS: US$0.15 (up from US$0.13 in 1Q 2025). Revenue: US$22.4b (up 16% from 1Q 2025). Net income: US$477.0m (up 17% from 1Q 2025). Profit margin: 2.1% (in line with 1Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Announcement • Apr 03
Tesla, Inc. to Report Q1, 2026 Results on Apr 22, 2026 Tesla, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 22, 2026 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: US$0.68 (vs US$0.58 in 3Q 2023) Third quarter 2024 results: EPS: US$0.68 (up from US$0.58 in 3Q 2023). Revenue: US$25.2b (up 7.8% from 3Q 2023). Net income: US$2.17b (up 17% from 3Q 2023). Profit margin: 8.6% (up from 7.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 17
Tesla, Inc. Announces Directorate and Executive Changes Tesla, Inc. announced that Wes Morrill, who was Cybertruck's lead engineer, is now Senior Director of Engineering- Reliability, Test, and Analysis, according to the exec's Linkedin. Morrill assumed the new role in September. Tesla laid off several employees earlier this yearand several senior executives left the company including then Senior Director of Charging Infrastructure Rebecca Tinucci, AI Manager Paril Jain, Director of New Product Introduction Daniel Ho, Senior Vice President of Powertrain and Energy Engineering Drew Baglino. Announcement • Oct 02
Tesla, Inc. to Report Q3, 2024 Results on Oct 23, 2024 Tesla, Inc. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024 Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: US$0.46 (vs US$0.85 in 2Q 2023) Second quarter 2024 results: EPS: US$0.46 (down from US$0.85 in 2Q 2023). Revenue: US$25.5b (up 2.3% from 2Q 2023). Net income: US$1.48b (down 45% from 2Q 2023). Profit margin: 5.8% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 04
Tesla, Inc. to Report Q2, 2024 Results on Jul 23, 2024 Tesla, Inc. announced that they will report Q2, 2024 results After-Market on Jul 23, 2024 Announcement • Jun 13
CalSTRS Seeks to Vote Against Tesla CEO Elon Musk's Pay Package On June 10, 2024, California State Teachers Retirement System (CalSTRS) announced that it would vote against Tesla, Inc. CEO Elon Musk's $56 billion pay package. CalSTRS stated that it would vote against ratifying Elon Musk's compensation package, which is up for a shareholder vote on Thursday after a Delaware judge invalidated it earlier this year. Announcement • Jun 01
Eric Talley Inclines to Vote Against Tesla’s Board Proposal On May 30, 2024, Eric Talley, Columbia Law professor, announced that he inclined to vote against the Tesla Inc.’s board proposal regarding Elon Musk’s 2018 pay package ratification at the 2024 annual meeting of shareholders. Announcement • May 22
The New York City Employees’ Retirement System Files an Exempt Solicitation Statement with Securities and Exchange Commission On May 21, 2024, The Comptroller of the City of New York, on behalf of the New York City Employees’ Retirement System, the New York City Teachers’ Retirement Systems, the New York City Police Pension Fund, the New York City Fire Pension Fund, and the New York City Board of Education Retirement System announced that they have filed an exempt solicitation statement with Securities and Exchange Commission, recommending the shareholders of Tesla Inc to vote against the reelection of directors Kimbal Musk and James Murdoch and vote against the ratification of CEO Elon Musk’s 2018 option award, at the 2024 annual meeting of shareholders scheduled to be held on June 13, 2024. Announcement • May 01
Tesla, Inc., Annual General Meeting, Jun 13, 2024 Tesla, Inc., Annual General Meeting, Jun 13, 2024, at 15:30 Central Standard Time. Location: Gigafactory Texas located at 1 Tesla Road Austin, Texas 78725 Austin Texas United States Agenda: To consider proposal to elect two Class II directors to serve for a term of three years, or until their respective successors are duly elected and qualified; to consider and approve executive compensation on a non-binding advisory basis; to consider proposal to approve the redomestication of Tesla from Delaware to Texas by conversion; to consider proposal to ratify the 100% performance-based stock option award to Elon Musk that was proposed to and approved by company's stockholders in 2018; to consider proposal to ratify the appointment of PricewaterhouseCoopers LLP as Tesla’s independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider other business matters. Announcement • Apr 25
Tesla Posts Updated Materials to its Website On April 23, 2024, Tesla, Inc. announced that it has updated its website, www.SupportTeslaValue.com, which contains information relating to its 2024 annual meeting of stockholders. Announcement • Apr 03
Tesla, Inc. to Report Q1, 2024 Results on Apr 23, 2024 Tesla, Inc. announced that they will report Q1, 2024 results After-Market on Apr 23, 2024 Announcement • Mar 27
Marion Superior Court Orders Tesla to Pay $42 Million in Landmark Verdict for Crash Involving Employee Christie Farrell Lee & Bell has announced a significant victory in a groundbreaking case against automotive giant Tesla Motors, Inc. In a verdict that marks one of the largest vehicle collision compensations in Indiana's state legal history, Marion Superior Court has ordered Tesla Motors, Inc. to pay $42,481,243.00 to the guardianship estate of Christopher Dugan. Christie Farrell Lee & Bell has announced a $42 million verdict against automotive giant Tesla Motors, Inc. This landmark decision not only exemplifies Christie Farrell Lee & Bell's commitment to their clients but also showcases their legal prowess in challenging complex cases against major corporations. The firm collaborated with Nicholas Rowley and Karen Zahka of Trial Lawyers for Justice to represent Christopher Dugan and his family in this pivotal lawsuit. Christopher Dugan, a devoted father and engineer, sustained life-changing injuries in a 2017 incident involving a Tesla employee and a Tesla-owned vehicle, which resulted in a traumatic brain injury and partial foot amputation. The lawsuit sought justice and accountability for Chris's immense suffering and the challenges faced by his family. The trial, led by attorneys Lee Christie, Katie Marshall, and the team from Trial Lawyers for Justice, highlighted Tesla's negligence and disregard for safety. The jury's verdict, initially awarding $60.6 million in damages before adjustments for comparative fault, reflects the significant impact of Tesla's actions on the victim's life and the acknowledgment of the firm's relentless advocacy. Announcement • Feb 01
Delaware Court Denies Tesla Pay Package After Richard Tornetta Sues to Block It On January 30, 2024, Kathaleen McCormick, a judge in Delaware Court of Chancery, voided Elon Musk’s Tesla, Inc. pay package, valued at $55.8 billion, after ruling that the board of directors did not prove ‘that the compensation plan was fair.’ Kathaleen McCormick noted that the Company’s shareholder, Richard Tornetta, asked the state’s business law court to cancel the package, arguing that the Company’s board of directors ‘breached their fiduciary duties by awarding Elon Musk a performance-based equity-compensation plan.’ Kathaleen McCormick stated that Richard Tornetta proved Elon Musk ‘controlled Tesla’ and the process that ended with Elon Musk’s pay package being approved was ‘deeply flawed.’ Kathaleen McCormick wrote that crafting of Elon Musk’s pay package ‘arrived at an unfair price,’ later adding that the ‘plaintiff is entitled to rescission.’ Kathaleen McCormick also wrote that Elon Musk’s team was ‘unable to prove that the stockholder vote was fully informed because the proxy statement inaccurately described key directors as independent and misleadingly omitted details about the process.’ Reported Earnings • Jan 26
Full year 2023 earnings released: EPS: US$4.30 (vs US$4.02 in FY 2022) Full year 2023 results: EPS: US$4.30 (up from US$4.02 in FY 2022). Revenue: US$96.8b (up 19% from FY 2022). Net income: US$15.0b (up 19% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: US$0.58 (vs US$1.05 in 3Q 2022) Third quarter 2023 results: EPS: US$0.58 (down from US$1.05 in 3Q 2022). Revenue: US$23.4b (up 8.8% from 3Q 2022). Net income: US$1.85b (down 44% from 3Q 2022). Profit margin: 7.9% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Announcement • Oct 05
Tesla, Inc. to Report Q3, 2023 Results on Oct 18, 2023 Tesla, Inc. announced that they will report Q3, 2023 results After-Market on Oct 18, 2023 Announcement • Aug 08
Tesla Announces Executive Changes Tesla appointed Indian-origin Vaibhav Taneja as its Chief Financial Officer. Vaibhav Taneja, who is currently serving as the Chief Accounting Officer will take the CFO position as an additional responsibility. He will replace Zachary Kirkhorn who completes his 13-year stint with Tesla. Vaibhav Taneja (45) became a part of Tesla's team following the company's acquisition of SolarCity in 2016. Alongside his primary responsibility as chief accounting officer, he assumed the significant role of "Master of Coin" within the organization. Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: US$0.85 (vs US$0.72 in 2Q 2022) Second quarter 2023 results: EPS: US$0.85 (up from US$0.72 in 2Q 2022). Revenue: US$24.9b (up 47% from 2Q 2022). Net income: US$2.70b (up 20% from 2Q 2022). Profit margin: 11% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has increased by 173% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 04
Tesla, Inc. to Report Q2, 2023 Results on Jul 19, 2023 Tesla, Inc. announced that they will report Q2, 2023 results After-Market on Jul 19, 2023 Announcement • Jun 23
Tesla Reportedly to Buy Wiferion Tesla, Inc. (NasdaqGS:TSLA) is reportedly in the process of acquiring German-based EV wireless charging company Wiferion GmbH, which could lead the American EV company to roll out a wireless home charging solution in the future, according to the German edition of Business Insider. As per the source, Wiferion will offload its business to Tesla International BV, which is a wholly-owned subsidiary of Tesla Inc. that operates out of the Netherlands, a filing with the German Commercial Register shows. Teslarati writes that Business Insider asked two Wiferion investors if the sale was taking place, and they confirmed but would not say what company the deal would be with. Announcement • May 13
Hagens Berman Files Class-Action Lawsuit Against Tesla Tesla owners and lessors filed a nationwide class-action lawsuit against the automaker, following reports that Tesla’s automatic software updates to the Model S and Model X cause a 20% decrease in driving range and leave some class members to pay $15,000 or more for a new battery, according to Hagens Berman. The lawsuit, filed on May 12, 2023, in the U.S. District Court for the Northern District of California, claims affected Teslas are “protected computers” under the definition outlined in the federal Computer Fraud and Abuse Act, and that the automatic updates which have led to decreased battery performance and battery failure violate consumers’ rights under the law. Tesla Admits Software Updates Cause Battery Drain. Tesla denies reimbursement to Model S and Model X owners and lessors who experience reduced battery capacity following a software update. The automaker has not, however, denied the relationship between software updates and decreased battery performance in prior litigation. In a 2019 class action against Tesla, the automaker did not bother to challenge allegations that an update had imposed an “artificial, software induced limitation” on the battery capacity of class vehicles. Instead, Tesla moved almost immediately to settlement negotiations with vehicle owners. That case also highlights a supporting declaration from Tesla’s counsel which openly admits to a 10% decrease in battery performance following a May 2019 software update. Typically, attorneys say, when an automaker wants to perform a software update of any kind on a vehicle, it notifies drivers and describes the reason for the update. This gives customers the opportunity to choose whether to receive the update and ask questions about potential effects. Because Tesla can issue automatic updates whenever the vehicle is connected to Wi-Fi, and Tesla tells consumers that the software updates cannot be cancelled or reversed, Model S and Model X owners and lessors are left to believe they have no recourse if they encounter unwanted consequences as the result of a Tesla software update. The lawsuit emphasizes that battery performance and longevity is at the heart of Tesla’s marketing, and states that the company, “represents that its batteries will outlast the vehicles themselves.” But some drivers have been told they must pay $15,000 or more for a new battery after an automatic software update leaves the old one completely inoperable, according to attorneys. The lawsuit states, “At no point during the process does Tesla warn drivers that software updates pushed onto the vehicles will result in the depletion of battery life, which – according to Tesla, are designed to last the life of the vehicle.” In addition to claims that Tesla has violated the Computer Fraud and Abuse Act, the lawsuit also brings claims of violation of the California Unfair Competition Law and the Consumer Legal Remedies Act. Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Joe Gebbia was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 20
First quarter 2023 earnings released: EPS: US$0.79 (vs US$1.07 in 1Q 2022) First quarter 2023 results: EPS: US$0.79 (down from US$1.07 in 1Q 2022). Revenue: US$23.3b (up 24% from 1Q 2022). Net income: US$2.51b (down 24% from 1Q 2022). Profit margin: 11% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has increased by 242% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 20
Tesla Reportedly Considering Takeover of Sigma Lithium Corp Tesla, Inc. (NasdaqGS:TSLA) has been weighing a takeover of Sigma Lithium Corporation (NasdaqCM:SGML), people with knowledge of the matter said, amid rampant demand for the metal used in electric vehicle batteries. The EV maker run by Elon Musk has been speaking with potential advisers about a bid, said the people, who asked not to be identified discussing confidential information. Sigma Lithium is one of multiple mining options Tesla is exploring as it mulls its own refining, one of the people said. Sigma Lithium’s biggest shareholder has been exploring a potential sale of the company and gauging interest from miners and carmakers, the people said. Its biggest investor, holding 46%, is A10 Investimentos Ltda., a Brazilian private equity fund that Sigma Co-Chief Executive Officer Ana Cabral-Gardner helped establish. Co-CEO Calvyn Gardner, also owns part of the miner. Deliberations are in the early stages and may not lead to a transaction, according to the people. Potential suitors may hesitate to bid after shares tripled in the last 12 months and on high price expectations by the owners, the people said. Sigma’s owners could also wait to develop the company’s main project further before seeking an exit, according to the people. Elon Musk, representatives for Tesla did not respond to requests for comment. Sigma Lithium’s Cabral-Gardner declined to comment on “rumors". Reported Earnings • Jan 26
Full year 2022 earnings released: EPS: US$3.62 (vs US$1.87 in FY 2021) Full year 2022 results: EPS: US$3.62 (up from US$1.87 in FY 2021). Revenue: US$81.5b (up 51% from FY 2021). Net income: US$12.6b (up 127% from FY 2021). Profit margin: 15% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has increased by 279% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 03
Tesla, Inc. to Report Q4, 2022 Results on Jan 25, 2023 Tesla, Inc. announced that they will report Q4, 2022 results After-Market on Jan 25, 2023 Recent Insider Transactions • Dec 17
Technoking of Tesla recently sold CHF3.3b worth of stock On the 14th of December, Elon Musk sold around 22m shares on-market at roughly CHF150 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CHF3.9b. Elon has been a net seller over the last 12 months, reducing personal holdings by CHF22b. Recent Insider Transactions • Nov 16
Technoking of Tesla recently sold CHF3.9b worth of stock On the 8th of November, Elon Musk sold around 19m shares on-market at roughly CHF199 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Elon has been a net seller over the last 12 months, reducing personal holdings by CHF19b. Recent Insider Transactions • Nov 10
Technoking of Tesla recently sold CHF3.9b worth of stock On the 8th of November, Elon Musk sold around 19m shares on-market at roughly CHF199 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Elon has been a net seller over the last 12 months, reducing personal holdings by CHF20b. Reported Earnings • Oct 24
Third quarter 2022 earnings released: EPS: US$1.05 (vs US$0.54 in 3Q 2021) Third quarter 2022 results: EPS: US$1.05 (up from US$0.54 in 3Q 2021). Revenue: US$21.5b (up 56% from 3Q 2021). Net income: US$3.29b (up 103% from 3Q 2021). Profit margin: 15% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has increased by 393% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 03
Tesla, Inc. to Report Q3, 2022 Results on Oct 19, 2022 Tesla, Inc. announced that they will report Q3, 2022 results After-Market on Oct 19, 2022