Tesla Beats on Profits, Misses on Sales

The transcript discusses Tesla's third-quarter financial performance, highlighting an adjusted EPS of $1.05 against an estimate of $1.01, and a revenue of $24.4 billion. Despite challenging macroeconomic conditions, Tesla maintains a 50% average annual growth target in vehicle deliveries. Ed Ludlow provides insights into the company's performance and the importance of meeting growth targets. The transcript also addresses logistical challenges and elevated costs impacting vehicle deliveries.

What was Tesla's adjusted EPS for the third quarter, and how did it compare to estimates?

• $1.00, which was below the estimate of $1.05

• $1.05, which was above the estimate of $1.01

• $1.05, which was below the estimate of $1.10

• $1.01, which matched the estimate

What was the reported revenue for Tesla in the third quarter?

• $20.4 billion

• $22.4 billion

• $26.4 billion

• $24.4 billion

What growth rate did Tesla reiterate for its average annual vehicle deliveries?

• 55%

• 45%

• 40%

• 50%

What issue did Tesla face at the end of the third quarter related to logistics?

• High logistics costs

• Low production rates

• Labor strikes

• Shortage of raw materials

Why did Tesla miss its delivery numbers for the third quarter?

• Regulatory challenges

• Supplier issues

• Production delays

• Vehicles in transit