Why 2022 production target is key

Why 2022 production target is key

A view of the Tesla service centre in Singapore July 16, 2022. REUTERS/Chen Lin

A view of the Tesla service centre in Singapore July 16, 2022. REUTERS/Chen Lin

It will be make-or-break for Tesla (TSLA) come Wednesday after the bell, as the electric vehicle maker releases its second quarter earnings report.

The Street is expecting Tesla to report

That revenue figure would represent a 2.5% drop from a year ago, which is not that severe considering the production issues Tesla experienced during Q2 due to COVID-related shutdowns at its Shanghai Gigafactory.

On the profitability…


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