Tesla’s SURPRISE Q2 Earnings Report (Ep. 734)

I share my key takeaways from Tesla's TSLA Q2 Earnings Shareholder Letter.
Tesla Q2 2023 Shareholder Letter: digitalassets.tesla.com/tesla...
Social
🐦 Twitter / heydave7
🎧 Apple Podcast: podcasts.apple.com/us/podcast...
🎙️Spotify open.spotify.com/show/2iin015...
📸 Instagram / heydave7
Dave Lee on Parenting, / @daveleeonlife7659
NOTE: Please don’t fall for scammers who might impersonate me or others in the comment section. I do NOT give out my number or ask people to contact me.
💁🏻‍♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA and other stocks at time of original video publish date.
Check out my archived articles/posts on Tesla and investing: teslamotorsclub.com/tmc/threa...
#Tesla #TSLA #Stocks

Пікірлер: 163

  • @larrythelobster2474
    @larrythelobster247411 ай бұрын

    Thanks for taking time during your vacation to update us. Been missing you Dave!! ❤

  • @bigh7972
    @bigh797211 ай бұрын

    Dave back on the scene… Awesome to see you Dave. Taking time out from traveling to share his analysis. Thanks Dave. Best to you and family.

  • @irinavishnevsky19
    @irinavishnevsky1911 ай бұрын

    It’s not the same in Tesla community without your regular insights. Please come back more often 🙏

  • @T35LA
    @T35LA11 ай бұрын

    Hi Dave, I hope you and your family are having a great time in Amsterdam. Your views on Tesla are highly appreciated. Thank you. Best, Erik

  • @Judithmoy109
    @Judithmoy10911 ай бұрын

    With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio

  • @Lettyogle

    @Lettyogle

    11 ай бұрын

    very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisorr, you can be passively involved with the aid of a professional.

  • @priyankamahatma6672

    @priyankamahatma6672

    11 ай бұрын

    wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

  • @Lettyogle

    @Lettyogle

    11 ай бұрын

    Gretchen Marie Hostetter That's my licensed Financial advisor you can easily look her up, Thank me later!

  • @priyankamahatma6672

    @priyankamahatma6672

    11 ай бұрын

    Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.

  • @tavv3485
    @tavv348511 ай бұрын

    Short and Sweet... thanks for the video Dave, enjoy time with your family..

  • @rodneysmith1750
    @rodneysmith175011 ай бұрын

    Excellent insights Dave, great to hear from you again on KZread, hopefully, your entire family is gaining many benefits from your travels. All I can say is it will be nice for you to be back home and more active on KZread.

  • @johnmacri7440
    @johnmacri744011 ай бұрын

    Enjoy your trip Dave love when you pop in. You are a tremendous resource

  • @baldbikeboy
    @baldbikeboy11 ай бұрын

    Superior summation, Dave! Thanks for the perspective.

  • @matthewjackson9615

    @matthewjackson9615

    11 ай бұрын

    I agree. This summation is what I was looking for. Simple , straightforward, and to the point without all the rasmatazz.

  • @138porsche
    @138porsche11 ай бұрын

    Great to hear from you Dave! Enjoy your trip with the family

  • @t.r.766
    @t.r.76611 ай бұрын

    Dave you are amazing your even chiming in from Amsterdam!

  • @chelseaandhobbes
    @chelseaandhobbes11 ай бұрын

    Dave you are my favourite Tesla analyst. Thank you for the update and have a great holiday!

  • @lennyvalarezo6315
    @lennyvalarezo631511 ай бұрын

    Thanks Dave, I hope you're enjoying your time away with your family.

  • @tonydebreceni8966
    @tonydebreceni896611 ай бұрын

    great hearing from you Dave. thank you

  • @Blade70
    @Blade7011 ай бұрын

    You're living the life! Thanks for your input as always!

  • @idsvanderploeg5620
    @idsvanderploeg562011 ай бұрын

    Thanks Dave for taking the time even at so late an hour. And welcome to my country as well.

  • @TeslaJigsaw
    @TeslaJigsaw11 ай бұрын

    I always love hearing your thoughts Dave, thanks for all you do!

  • @Jessica-lh7iu
    @Jessica-lh7iu11 ай бұрын

    Thank you for working so hard for your followers!

  • @LazerEyez

    @LazerEyez

    11 ай бұрын

    Really respect your efforts Dave

  • @Nooblade

    @Nooblade

    11 ай бұрын

    It's a nothing video, just to get the view of earnings hype...

  • @JP-ws9ys

    @JP-ws9ys

    11 ай бұрын

    The guy releases like 1 video a month

  • @LazerEyez

    @LazerEyez

    11 ай бұрын

    @@JP-ws9ys sure, but quality over quantity

  • @737smartin

    @737smartin

    11 ай бұрын

    Yeah… I love Dave’s input, but it’s laughable to say he’s “working hard” at this in this season. 😮

  • @radicalradzik
    @radicalradzik11 ай бұрын

    Well, articulated summary of the dynamics of the report and around the report. Thanks, Dave.

  • @jimroth7927
    @jimroth792711 ай бұрын

    Hi Dave. My wife and I just got back from visiting Amsterdam. We really enjoyed renting bicycles and following the river south-west of the city... so beautiful. Thanks for your thoughts on Tesla.

  • @jaychoi2086
    @jaychoi208611 ай бұрын

    was waiting for your video, thanks alot!.

  • @sandyharris9676
    @sandyharris967611 ай бұрын

    Thanks so much for your succinct and logical take. I truly appreciate you.

  • @LionheartLivin
    @LionheartLivin11 ай бұрын

    ALL THE BEST DAVE!!!;)

  • @davedowling1753
    @davedowling175311 ай бұрын

    Dave Lee says "Great job Tesla!"......that's good enough for me

  • @chatjibpt
    @chatjibpt11 ай бұрын

    Thanks as always Dave

  • @MrKurtcko
    @MrKurtcko11 ай бұрын

    Great thank you dave, no more LMND update videos ?

  • @yaa-lala
    @yaa-lala11 ай бұрын

    Thank you Dave!

  • @rodmitchell831
    @rodmitchell83111 ай бұрын

    Thanks so much Dave

  • @bomdo5
    @bomdo511 ай бұрын

    thanks for keeping it short! have a fun trip Dave!

  • @teslaed777
    @teslaed77711 ай бұрын

    Thx Dave for your update

  • @nigelsmith186
    @nigelsmith18611 ай бұрын

    Obviously Dave Lee is knowledgeable about Tesla's position in the markets. A very valid commentary!

  • @jochemjellema2663
    @jochemjellema266311 ай бұрын

    Welcome to Amsterdam Dave!!! 🧀🌷 Your opinion and insight is always greatly appreciated. 🙏

  • @carollocke9617
    @carollocke961711 ай бұрын

    Thank you for your to the point updates! Go TSLA!

  • @TotalRageAtl
    @TotalRageAtl11 ай бұрын

    Great execution Dave with laying out the facts, both Bull and Bears. Outstanding

  • @keilder8543
    @keilder854311 ай бұрын

    Enjoy the vacation. Miss your updates.

  • @ehsanmafi6546
    @ehsanmafi654611 ай бұрын

    Your audio is so clean!

  • @byrnedegrandpre8884
    @byrnedegrandpre88849 ай бұрын

    Hi Dave. Hope you are feeling well. Great show today.

  • @azntoogood
    @azntoogood11 ай бұрын

    Thanks for the takeaways

  • @rapido7901
    @rapido790111 ай бұрын

    Dave, you are one of the best!

  • @flwi
    @flwi11 ай бұрын

    Hartelijk dank :-)

  • @tlee7653
    @tlee765311 ай бұрын

    Thank you for all you do.

  • @tonysimi5763
    @tonysimi576311 ай бұрын

    Thanks Dave for burning the midnight oil for us! 😊

  • @dr-k1667
    @dr-k166711 ай бұрын

    Thanks Dave!!

  • @GixxerGR
    @GixxerGR11 ай бұрын

    Welcome to The Netherlands Dave.

  • @ApteraEV2024
    @ApteraEV202411 ай бұрын

    🙏 for you 2 Dave ❤

  • @brucec1316
    @brucec131611 ай бұрын

    Wow great summary

  • @perwis9893
    @perwis989311 ай бұрын

    Thanks for sharing your thoughts on the report. Production of your video looks great. Have you shared your setup? Do you use a semi transparent mirror to read directly into the camera? Would love to hear what gear you use!

  • @heinzn6272
    @heinzn627211 ай бұрын

    Next generation car is very exiting to me! Maybe they will talk about it in the earnings call. (That begins in a few min) fingers crossed 🤞

  • @fpark101
    @fpark10111 ай бұрын

    Thanks!

  • @heltink
    @heltink11 ай бұрын

    Welcome to the Netherlands Dave

  • @Btn1136
    @Btn113611 ай бұрын

    Good news and the stock is down 5% AH- like the good old days

  • @domsiow
    @domsiow11 ай бұрын

    Thx Dave🙏

  • @CouchInvestor
    @CouchInvestor11 ай бұрын

    Enjoy Amsterdam Dave!

  • @10sqrftthisthat
    @10sqrftthisthat11 ай бұрын

    Thank you for making it short and not like Rob and SMR

  • @MichaelHWToh
    @MichaelHWToh11 ай бұрын

    Succinct and objective. Thanks dave

  • @nielp91
    @nielp9111 ай бұрын

    I really want some long interview type videos again!

  • @austin2468
    @austin246811 ай бұрын

    I hope your wife gets better soon. Also, thank you for the info and sort video.

  • @demoticshadow2494
    @demoticshadow249411 ай бұрын

    I've been missing your videos

  • @morbiusspectralghost5993
    @morbiusspectralghost599311 ай бұрын

    strong focus

  • @TeslaEVolution
    @TeslaEVolution11 ай бұрын

    Cool. NJOY Amsterdam, a great city. Get some coffee-shop experience :) Thanks for your SHORT videos. Please keep the SHORT format. I am so tired of the 30 and 45 minute Tesla videos. Tooooooooooooooooo long. I love the 3-10 minute ones you put out. Thanks Dave.

  • @kietlai2358
    @kietlai235811 ай бұрын

    Thanks dude

  • @ab_semi
    @ab_semi11 ай бұрын

    Hi Dave, I am surprised to hear you are in my city. How busy is your schedule? Can we meet up?

  • @RichardYanez-og6po
    @RichardYanez-og6po11 ай бұрын

    Dave if you are still in Amsterdam go check out the nautical museum, it is probably one of the best museums on the history of navigation and ships

  • @ksbfizah724
    @ksbfizah72411 ай бұрын

    Looking good Dave, have you been exercising?

  • @r.o7897
    @r.o789711 ай бұрын

    I love it!

  • @thelittleinvestor684
    @thelittleinvestor68411 ай бұрын

    Greetings from amsterdam! :)

  • @jeweleratlarge
    @jeweleratlarge11 ай бұрын

    Thanks, Dave

  • @ivarharmsen2538
    @ivarharmsen253811 ай бұрын

    Greetings from the Netherlands! 🇳🇱

  • @laurensbooij1021
    @laurensbooij102111 ай бұрын

    Welcome to Amsterdam!

  • @PK-tq9xv
    @PK-tq9xv11 ай бұрын

    Dave, why would Fed lower rates by the end of the year? Only if we go into crisis will they lower the rates. With house and stock market back at all time high, the wealth effect will drive new waves of inflation. The only way to resolve it is losses on job market, new residential and or commercial real estate crisis which is obvious at this point where most people can’t refinance their existing home or flat. Empty office buildings. The issue is lower rates here will mean even less money for cars. Long term bull on tesla but the market is drunk blind today

  • @schumy1975
    @schumy197511 ай бұрын

    thanks for the sharing Dave. looks like TSLA is down 4% in after market trading...how come? does that reflect this latest Q2 earnings result ? Thanks

  • @hektor1501

    @hektor1501

    11 ай бұрын

    Tesla is due for a pullback or cooldown period which is good if you wanna scoop a few more shares as a long term investor.

  • @bobbresnahan8397
    @bobbresnahan839711 ай бұрын

    Perfect!

  • @Perillo99
    @Perillo9911 ай бұрын

    What are your thoughts BMR thanks

  • @mortynator
    @mortynator11 ай бұрын

    Welcome to my country!

  • @AR-rn8ok
    @AR-rn8ok11 ай бұрын

    I really like cogs dropped significantly and most of the revenue was just from more profitable cars. Also he mentions cybertruck margins may be a lot bigger than we expect because it’s so easy to make.

  • @soniagregory3246
    @soniagregory324611 ай бұрын

    Can you put closes captions on please Dave

  • @nikimaren8979
    @nikimaren897911 ай бұрын

    Would be great to have Aswath Damodaran on the show to discuss on the future story and value of Tesla.

  • @JanBaars
    @JanBaars11 ай бұрын

    Hey Dave, could I show you around in Amsterdam or Rijksmuseum this weekend, or next week? Would love to show you the most interesting and beautiful places here. :)

  • @johnstone2255
    @johnstone225511 ай бұрын

    The only surprise is the reaction of the share price. It seems long gone are the days when delivery numbers and earnings used to spark positive moves up in the $20, $30, $50 range.

  • @uberdump
    @uberdump11 ай бұрын

    Have you checked out the floating Chinese restaurant? I thought it was pretty decent there.

  • @thosoz3431
    @thosoz343111 ай бұрын

    Your right Dave, but.... No y on the end of resilience.

  • @henrifritsmaarseveen6260
    @henrifritsmaarseveen626011 ай бұрын

    nice to hear you are in my birth country .. enjoy !!

  • @lumtavon1952
    @lumtavon195211 ай бұрын

    Another key take away: vehicle cost down more than USD 1000, while share of S&X did go up, while Austin and Berlin are still not ramped up. So expect margins to recover fast after another round of factory updates thus maximusing volumes. Great and FSD is not even ready.

  • @Martin-se3ij
    @Martin-se3ij11 ай бұрын

    Amsterdam, electric trams, electric boats on the canals, lots of electric cars/trucks - your thoughts on how far they are ahead of US

  • @pugsymalone6539
    @pugsymalone653911 ай бұрын

    The Pug abides.

  • @tapiocachubs-ux8kv
    @tapiocachubs-ux8kv11 ай бұрын

    FSD is key to a stock 🚀🚀2x or 5x , but even without FSD Tesla has the ability to grow their sales and demand endlessly. It's an incredible story.

  • @richardalexander5758
    @richardalexander575811 ай бұрын

    Tesla fundamentals are strong, but many were disappointed with the lack of Cybertruck updates and the delay till the end of the year for production with no price or specs. As usual TSLA lost over $10 after hours.

  • @jceejcee5495

    @jceejcee5495

    11 ай бұрын

    12 points down after hours,

  • @nistalasuresh5837
    @nistalasuresh583711 ай бұрын

    Earnings was wonderful 🔥🔥🔥🔥🔥 Tesla is an AI and an API company

  • @TomBTerrific
    @TomBTerrific11 ай бұрын

    I must admit last year you were bullish on Tesla when it was down but I thought your feeling and love for Tesla was like that of a mother towards her children. I probably should’ve bought then but my doubting Thomas got the best of me.of course I would be better off had I bought some. I also would have been better off to not have sold my Draft King holdings. But reality is what it is and you can’t hold every. However I’m not totally out to lunch. I did purchase a Starlink kit . I know it’s SpaceX but close enough hahaha 🤣! I’m connected!

  • @andyfrieden4079
    @andyfrieden407911 ай бұрын

    And one more thing there of diligent on the 4680 and now have a Cyber 4680 with higher density

  • @scottbreseke716

    @scottbreseke716

    11 ай бұрын

    I thought he said that the Cyber battery had 10% more energy density than the 4680 cell.

  • @LiguoKong
    @LiguoKong11 ай бұрын

    solve FSD ...

  • @innermvp6057
    @innermvp605711 ай бұрын

    Hey it’s Shieak

  • @FidgetSpinoza
    @FidgetSpinoza11 ай бұрын

    Hope you enjoy our little country :3

  • @billluk5858

    @billluk5858

    11 ай бұрын

    what are the tourist attractions for first time travellers to your country?

  • @LJ-jq8og
    @LJ-jq8og11 ай бұрын

    💪❤

  • @SquishyCheddar
    @SquishyCheddar11 ай бұрын

    Dave and Tesla hopium name a better duo. We have not entered a recession yet now come the claims of the worst is over.

  • @johannes8346
    @johannes834611 ай бұрын

    You deserve 1 million subs

  • @RobertSmith-op9zv
    @RobertSmith-op9zv11 ай бұрын

    Golly, it must be nice to be rich

  • 11 ай бұрын

    This is close to a miracle: In spite of high growth (CapEx) Tesla has more $$ in the bank. Thanks Dave, love your insights - always

  • @tel666999
    @tel66699911 ай бұрын

    How many shares does Dave Lee have - saw on his twitter his son was asking. Must be over 100 shares at least

  • @lpb3731

    @lpb3731

    11 ай бұрын

    In the tens of thousands, perhaps hundreds. Yet still based and awesome simple brillant man.

  • @tel666999

    @tel666999

    11 ай бұрын

    @@lpb3731 I love this man. Just says it how it is. Great insight

  • @batchint
    @batchint11 ай бұрын

    I might be wrong ding dong… but I got the impression that elon sort of said #FSD was off the invoice… my explanation what ever.. #earningcall