Tesla’s second quarter earnings report is due today, but investors should be keeping their eyes on Tesla’s cash flow and the company’s earnings per share numbers for a bit longer.
Tesla shares are currently trading at $1,928.30, which is more than two percent higher than their closing price of $1.29 per share on Tuesday.
In fact, that’s more than double the current closing price for Tesla.
But for those of you looking for a long-term valuation for Tesla, this isn’t the time to dive into the stock.
This is simply a way for investors to get a better handle on how Tesla is performing and what the future holds for the company.
So, how does Tesla’s revenue compare to its revenue from the previous quarter?
Tesla had a net loss of $5,834.30 during the second quarter.
That is a net negative of $6.6 million.
But, it’s not all bad.
Tesla has been able to make a lot of progress in recent years with the acquisition of SolarCity and the recent acquisition of Wind Mobile.
Tesla also sold more shares than it bought.
Tesla sold $4.9 billion worth of shares to SolarCity for $1 billion, while Tesla sold the remaining $4 billion worth to Wind Mobile for $2.4 billion.
It’s fair to say that Tesla is making some strides.
It has been working hard to integrate Tesla’s battery technology into its vehicles and it is getting closer to delivering a battery to consumers.
But that progress is still slow.
Tesla has yet to offer any concrete guidance for how much the company will deliver for its cash flow this quarter.
But the company did reveal that it plans to add some $50 million to its cash position for the next three quarters, and Tesla expects to add $3 billion to its balance sheet this year.
Tesla said in a recent regulatory filing that it expects to reach its full balance sheet by the end of 2021.
Tesla is currently on pace to post $25 billion in cash flow for the second half of 2021, which will be the biggest cash flow increase in its history.
However, the company needs to generate $5 billion to $6 billion in additional cash flow to cover its debt service for its $8 billion purchase of Solar City in October.
And, there’s still the $1 trillion valuation issue.
Tesla says that it’s at $8.3 billion in total cash, and that it needs to find $4 trillion in cash by the first quarter of 2022.
Tesla is now down about $50 billion in the first three quarters of 2021 because of these debt payments.
The next big challenge for Tesla is its cash balance, which could take a hit.
Tesla’s current cash balance is $1.,068.80 million.
In addition, Tesla has $9,637.15 in cash on hand.
That’s down about 15 percent from $9.6 billion at the beginning of the year.
But Tesla is still able to pay its debt to Solar City and to Wind.
If Tesla’s net debt drops, it will be difficult for it to make any money from its electric vehicles.
Tesla could also run into a cash crunch if it ever decides to sell any of its SolarCity assets.
Tesla also expects to sell its stake in its Fremont, California factory in 2020.
But if Tesla does not sell any assets, it may have to sell a substantial amount of inventory to meet its future cash needs.
If you look at Tesla’s Q2 net loss, it is $3.8 million, which was $1 million less than the first-quarter net loss.
Tesla’s stock price is up over 20 percent this year compared to the year before.
The stock has been up over 50 percent in each of the last two years, and the stock price has risen by more than 50 percent since Tesla announced its earnings report.
That gives investors a lot to look forward to as Tesla continues to grow its business.
But, Tesla’s stock is still far from a great value.
It is currently trading in the range of $10,000 to $15,000 per share.
That means Tesla’s earnings will be less than 1 percent above its earnings from the prior year.
And even with Tesla’s higher valuation, investors still have to be careful about how much of a value Tesla is offering for its shares.