Nasdaq TSLA Tesla

Electric carmaker Tesla Motors TSLA is scheduled to report first-quarter 2022 results on Apr 20 after market close. Let’s take a closer look at its fundamentals ahead of the earnings release.Tesla has been on a volatile ride and gained 0.8% over the past three months. The

Tesla Inc has asked a California judge to pause a state agency's lawsuit that accuses the electric car maker of widespread race discrimination at its flagship assembly plant, saying the state must further investigate the claims and allow a chance to settle the litigation.

Twitter Inc co-founder Jack Dorsey took aim at the social media company's board in a series of tweets late on Monday as it weighs Elon Musk's $43 billion takeover offer.

Wall Street opened higher on Tuesday and bond yields continued to swing upward as Russia's invasion of Ukraine weighed on global growth expectations and looming Fed tightening kept investors on edge.

Tesla TSLA is set to release first-quarter 2022 results tomorrow, after the closing bell. The electric vehicle (EV) manufacturer’s upcoming results will reflect the positive impact of rising Model 3/Y deliveries, which form a major chunk of the automaker’s overall deliver

Tesla investors on Wednesday will be keeping an eye on whether the electric car company maintains its ambitious 2022 delivery target as the biggest factory, Shanghai, grapples with a COVID-19 shutdown and new plants slowly ramp up output.

Elon Musk -- who has been notoriously controversial on social media -- bought a 9.2% stake in Twitter (NYSE: TWTR) in early April, making him the company's largest shareholder. Needless to say, the news of Musk's purchase sent Twitter's stock skyrocketing, with shares of the popu

For Immediate ReleaseChicago, IL – April 19, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in

Tesla (NASDAQ: TSLA) has been in the news lately, but not for the reasons one might think. CEO Elon Musk has been drawing a lot of attention for his interest in Twitter, which has brought Tesla into the spotlight for reasons that are mostly unrelated to the actual business.

European shares were lower on Tuesday, while yields on 10-year U.S. inflation-linked bonds were close to turning positive for the first time in two years, as the prospect of aggressive Fed tightening to rein in inflation kept investors on edge.

Tesla investors on Wednesday will be keeping an eye on whether the electric car company maintains its ambitious 2022 delivery target as the biggest factory, Shanghai, grapples with a COVID-19 shutdown and new plants slowly ramp up output.

Buyers around the world are lining up to purchase electric vehicles this year even with sticker prices surging, flipping the script on a decade and a half of conventional auto industry wisdom that EV sales would break out only after battery costs dropped below a threshold that was always just over the horizon.

The first-quarter 2022 earnings season will gather pace this week as more than 250 companies are slated to report their quarterly numbers. Earnings results of corporate America are likely to return to normalcy after last year’s astonishing growth. Earnings results of 2021

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) was launched on 10/21/2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity market.

Just as investors brace to hear the impact of a three-week pause of production in Shanghai because of governmental restrictions related to COVID-19 on Tesla's (NASDAQ: TSLA) view for full-year deliveries, investors in the electric-car maker are getting some good news about one of

Up 17% in the last 30 days with a market cap of $19.3 billion, Dogecoin (CRYPTO: DOGE) is showing signs of recovery. But this might be a dead cat bounce. The asset still faces serious headwinds that could position it for more downside in the long term. Let's dig deeper.

The electric vehicle (EV) sector has been supported by rising petroleum prices and increased consumer awareness around environmental issues. Tesla has been one of the more resilient stocks on the market, despite the recent tech-focused sell-off and has risen over 57% in the last year and 16% over the last six months.

The EV stalwart will release its first-quarter earnings report for 2022 after the market closes tomorrow, April 20.

Let's take a look at how Tesla is expected to perform in the first quarter.

A Few Points Worth Noting

Despite supply chain bottlenecks and COVID-related production shutdowns, Tesla has already set the pace by posting record first-quarter deliveries. The EV leader delivered 310,048 units, a 68% rise year-over-year.

However, first-quarter production fell marginally to 305,407 units from the 305,800 units reported in the fourth quarter. This suggests that like many other automakers, Tesla has been affected by supply chain restrictions and higher input costs, at least to some extent. Furthermore, the Shanghai factory lockout is expected to have had some impact on production numbers.

Nevertheless, Tesla's output at two new factories, one in Germany and the other in Texas, should help the business improve production and counter some of the negative effects of the Shanghai shutdown.

Healthy Q1 Expectations

According to experts, Tesla is expected to report adjusted earnings of $2.26 per share in the first quarter. This figure represents a spike of 143% from the year-ago quarter. In addition, experts forecast Q1 revenue to increase by 69% to $17.6 billion.

Recent Developments

The electric car maker is preparing to resume manufacturing in Shanghai, which has been shut down for three weeks due to a surge in COVID-19 cases in China. Tesla employees will reportedly be required to live on-site for at least a short period of time.

The reopening of the factory would increase output, allowing the company to satisfy the growing demand for its vehicles.

In other news, Tesla CEO Elon Musk recently attempted to buy Twitter (TWTR) for $54.20 per share, or $43 billion.

Investors expect Tesla to shed some light on the proposed acquisition together with its first-quarter earnings.

Wall Street’s Take

Ahead of the Q1 results, Piper Sandler analyst Alexander Potter maintained his Buy rating on the company but decreased the price target to $1,260 from $1,350.

According to the analyst, Tesla's upcoming results may be impacted by forced lockdowns in China. As a result, Potter lowered his projections for 2022.

Wall Street analysts are cautiously optimistic about Tesla, with a Moderate Buy rating based on 15 Buys, five Holds, and six Sells. The average TSLA price target of $1006.04 implies that shares are fully valued at current levels.

Bottom Line

It will be fascinating to see how the company performs in the first quarter amid prolonged global supply chain concerns, inflationary pressures, and manufacturing shutdowns.

Discover new investment ideas with data you can trust. 

Read full Disclaimer & Disclosure

European shares were lower on Tuesday, while yields on 10-year U.S. inflation-linked bonds were close to turning positive for the first time in two years, as the prospect of aggressive Fed tightening to rein in inflation kept investors on edge.

Actor Johnny Depp is expected to testify in a Virginia courtroom on Tuesday in the U.S. defamation trial where he accuses ex-wife and actress Amber Heard of ruining his career with false accusations of violence during their relationship.

Bleary-eyed traders returning to work after the Easter weekend have a short, yet action-packed week ahead. They must contend first of all with the inexorable rise in inflation-adjusted borrowing costs -- yields on 10-year U.S. inflation-linked bonds are within touching distance of turning positive for the first time in two years.