Tesla's Q2 earning report is going to be released in the next 13 minutes. Sit back, relax, and in this video, we're going to be watching Tesla stock react to its quarterly earning reports. For those that are unaware what's going on, guys, my name is Ricky A little bit over 1.1 million subscribers here on YouTube and my favorite thing to do is of course, uh, Trade Live in the market every single morning. So if you've never watched Made Trade Live, it's the second link in the description down below.

I Do it every single morning and again! Would love to have you get a taste of what our Lpp team gets to experience every single day. So very excited to see uh, the market react to Tesla's earnings. Uh, Tesla is probably one of the biggest companies reporting earnings this week. Uh, the definitely the most popular company.

And then next week we have big Tech reporting earnings such as Amazon Apple Google Microsoft the trillion dollar companies, right? So next week is a very significant week. This week is for all the Fanboys including myself. Uh, and we're going to be watching Tesla So I'm going to start sharing my screen so you guys can see exactly what it is that I'm looking at I got NASDAQ Market behind me I got uh Tesla on the screen right now Tesla's down 0.28 Uh, so nothing too too significant. Um, but yeah, so let's see.

Okay, so we have some of you guys tuning on in right now. What's up? What's up? Good afternoon? I'm gonna move you guys on over to my second screen over here just to not um, you know, uh, clog the the screen. But for those that are unaware, what is Market's expectation? Um, you know, just depending on what you use to try to determine Market's expectation I mean on Google it says expectation for the earnings per share is 82 cents per share and then the revenue is 24.73 billion. I've seen you know, investing.com give an expectation of point eight percent, right? or 80 cents per share instead of 82 cents and the expectation being at 24.72 instead of 20.73 But as of right now, this is what Google is stating that the market is expecting.

Again, it's all just expectation I've seen it many times. if you know, if you've never watched it before yourself. I've seen it many times where a stock reports their quarterly earnings and it comes in better than expected. meaning that they beat earnings per share and they beat overall revenue and the stock still sells off.

So I think a lot of it will have to do with how much it outpaces or outperforms the current expectation. I mean that uh, Tesla has come from an amazing rally right from overall lows of uh I thought it was 101, right? Let me look at the yep, there it goes. 101. It's overall highs of 300 a share is pretty much what it touched today.

So think about that, that's you know, a 200 percent return. It's absolutely insane. Congratulations to all those long-term investors! Uh, one thing that I want to remind you is that even if Tesla stock, you know I I love having my titles uh where? it's like oh, crash coming soon or pull back. You guys know that I just you know it's it's just the YouTube right? But at the end of the day, if you're an investor right? like I'm an investor for Tesla Um, even if Tesla stock does pull on back, let's say that it drops five or ten percent to me I have no intention of selling anytime soon I'm in it for the long haul 5 10 20 years plus I I don't need the money I don't I don't want it I believe in the company like I said I am an Elon Fanboy and if it pulls on back I don't have to buy with an insane amount of money.

but I view it as a dip by opportunity, right? Because my intention is not to sell anytime soon. So even if even if things do get worse before, they get better I don't I Tried to the best of my ability not to freak out. Um, because at the end of it, just like anything, we have really strong rallies and then there's Corrections that tend to follow I'm not saying that Tesla is going to correct itself I'm just saying that even if it does, I just I want you to understand my intention and my intention doesn't have to be something that you personally agree with, but it's just I think something important to take note of right without. we can all have different intentions with you know, the same specific company.

So uh, Tesla is waiting for any news to break 300 Good or bad in my honest in my opinion. All right, what's going on? Chatty, What's up? what's up so doesn't tussle report earnings at 2 30? Um, eastern time I Heard that it was right at Market close, but you might be correct. it might be at 2 30. So I can double check on over here.

So all right, I know that they have their earnings call at 5 30. So that's a little bit different, right? Um, and that's three hours ahead because that's Eastern Standard Time right? So off the double check on that. uh, it should be at close to my understanding I thought it was at close and then um, what is it? Like an hour? an hour and a half. After 30 minutes after the close, then the earnings call begins.

Uh, but that's the second movement, right? Is this live? What's going on? Arnold Nope, this is not live. This is just me able to predict what you were going to say and I'm able to catch it in the live stream. Yeah, this is live. Uh, so again, I Really hope that you guys enjoyed this little live stream so it should be in the next seven minutes at Tesla reports earnings.

Um, and if it's not too much to ask, you know we greatly appreciate it. If you guys can consider dropping a thumbs up and subscribing I Do want to remind you that if you do want to partake in that live chat, it's only the people that are subscribed to the channel that can partake in it. and I'd love to answer any questions you might have. And even after this video, if I can't answer your question in the live chat, Um, just because I don't see it right, feel free to send me a direct message via Discord or via Instagram and that's the first or third link in the description down below.

So um, all right, we got seven minutes left. Uh, let's run a poll. You guys think we should run a pool I'm gonna run a poll right now and so so will all righty asking the community so will Tesla Stock beat or Miss expectations So you guys let me know in the poll I I can tell we have more Elon Fanboys The live chat. Let's be honest, he's like our modern day Iron Man am I right? Are you going to get a cyber truck? I had mine pre-ordered right? just like everyone else back in 2019.

Um I would love to get one and if I don't like it I mean I can film videos and then end up reselling it? he doesn't know how I am right? I know that they, uh, the expectation of changing the price is expected but I'm fine with that. I mean I would still like to get one. so I think they look pretty cool and I don't have a truck I would sell my G-Wagon and I'll get that cyber truck. I think that would be pretty dope.

Yes, let me know what you think. Would you rather want a G wagon or a cyber truck? I'm kind of over I Think the G wagon's dope, but you know it's a cyber truck, right? Let's be let's be honest. raffle it off. that actually wouldn't be a bad idea.

Maybe the next giveaway giveaway a little cyber truck. All right, we have five minutes left. uh, for uh, the market to close and for Tesla to be reporting earnings. So here we go: testing support right now.

Looks like we're testing support right on over here for Nasdaq we're right around that moving average I don't know if you guys ever do this, but on the five minute things tend to be a little bit more clear so there's not that many quick changes of Direction and the same thing over here. The reason I have it on the one minute is obviously Tesla is going to be reporting earning. So I want to get the most up-to-date right? because I'm it's expected to be pretty volatile, most likely. So on the five minutes very easy to see I Don't know if you guys tend to over trade I Know that's a big mistake that I make often.

But one of the things that I love sharing with my Lpp team is again: I like to share best practices and mistakes and it's very easy to see or much easier to see on the five minute time frame. you know on the market or that specific individual stock is bullish when it's holding above the EMA on the five minute. and then you can see here we got that little sell signal. we broke below the super Trend we broke below EMA and then we got that confirmation.

Ever since then, it's been forming lower highs, lower lows and continues to get rejected right every time it tries to pick up, gets rejected every time it tries to pick up, gets rejected every time gets rejected right? We talked about it during our live session with the Lpp team. It's kind of like a wave holding the overall pattern down below the wave whenever the pattern is trading below either the moving average or that EMA And in my opinion, the moving average on the five minute tends to be more accurate because it takes more to move that moving average as I have the 200 moving average instead of you know my 45 EMA that I have in place, right? So I'm just food for thought. Looks like we're seeing a lot of consolidation here. This is probably where we're going to close.

Right around 292 for Tesla right? showing signs of a support unless we see a quick change of direction right at market close and that's going to be in the next. What is that? next? two and a half minutes. All right. as long as the share price goes up by Friday I'm not not a fortune teller Elaine but it sounds like you have some calls on Tesla am I Correct Did you sell your Tacoma I Did I sold it to a friend of mine and then he ended up selling it.

Oh, that's too good. here we go. One thing that I do want to share with you is I know a lot of people that follow me pay attention to NASDAQ I Do believe that Tesla's earnings report can influence the NASDAQ Market I Just want to remind you that the influence that Tesla has two NASDAQ the exposure is is not very much so Tesla would have to move quite aggressively for it to drive the price up or down on NASDAQ It's a different story of like Apple or Microsoft or Google were to be reporting their needs right? Tesla just makes up a smaller portion of the NASDAQ and this rebalance is what we're going to experience again on July 26th. So I made a video on that if you guys haven't checked it out already.

So I just like to close the week. Green of course I think I think we all do right? Oh I'm happy to hear so I'm in Germany So I can't trade aftermarket clothes? Okay, let's get to know again. there's nothing wrong with just paying attention, right? We have less than one minute left. and again, if it's not too much to ask for all those that are tuned on in again, please make sure you drop a thumbs up! I'm going to be hosting more of these live streams while the market reacts to different quarter learning reports as they come on by.

So if it's not too much to ask, subscribe to the channel and you can also partake in that live chat. And if you have any questions after this live session, feel free to send me a direct message via Instagram or via Discord which are all Linked In the description down below. So all right, of course live in the moment. Appreciate you being here.

Thank you thank you! All right we got seven seconds, Six seconds, five, four, three, two one and let's see. All right and no way. it goes red, right? It's Tesla No way are we out yet. This thing has to Gap up.

Wait here. Goes here. It goes break here. It goes here.

It goes. watch for the break. Wow, it's really influencing NASDAQ Look at that. it's actually moving it quite a bit.

Here it goes: Tesla in five minutes, Green baby, let's see it. Let's see it. We have a 97 percent of you in this live chat that believe Tesla will beat earnings. One thing that I want to remind you right, there's two parts to these earnings.

There's the earnings report and then there's the guidance call. Both can be positive, one can be positive, one can be negative, both can be negative. That will all determine based off of what is said. So again, just a reminder for all of our beginners that have never experienced an earnings report.

I Don't want you to feel like you were not. You know you're unaware of what's to come. Obviously there's a lot that goes into it, but I just want to make sure that I do my part and make you know aware of what makes up these earnings. Um yeah.

Netflix crushing it. Let's go ahead and take a sneak peek on. Netflix Netflix What do you mean? It's crushing it. Oh my.

God Yeah. crushing it like on the way down if you have some puts Holy Smokes down five percent so far on the day will it hold? Is this an overreaction? Oh my goodness. here it goes. Tesla Going back to where it closed at Wow.

Wow Wow Wow yeah because I know Netflix reports are earnings right and there it goes. United Airlines Just reported earnings and here it goes: United Airlines up 2.8 percent on the day here goes Tesla is green Netflix is down 3.6 percent. How are you guys feeling about this? All right? It's Tesla Looking like it's still trying to identify which way it's going to be moving right? We have three minutes left until Tesla reports. Okay, Foreign.

All right. We got two minutes, a minute and a half. got flicks back in the green. Let's check that out.

I'm gonna put Netflix back here just so we can keep an eye on it since it's pretty volatile, right? Something to pay attention to. Foreign. Here we go. All right guys.

it should be 30 seconds. right? Here it goes 22 seconds, right? A little stopwatch here for those that like the platform that I'm using I am using Weeble it is available to everyone in the US right now. They do have a sign up. bonus that if you use my link which you don't have to, but it's the fifth Link in the description down below.

you'll earn up to 12 free shares when you deposit five dollars. So I do have a video on it and there it goes. Tesla Reporting earnings and let's see if it beats it. Come on.

come on. come on. Quan It has to be there, right? It's Tesla Oh no No No No No No No no No way. No way.

No way. It's negative. No way. you're lying.

No way. Earnings per share Gap was 0.78 No way no way no way. Wow, that's actually quite surprising. that is.

I I did not expect that from. Yeah, it looks like it's trying to come back, right? They still have their guidance call to go off of. Wow. I'm actually quite surprised.

I mean Tesla is pretty volatile. It's had an amazing run in 2023, right? A very impressive run. 200 percent in 2023 alone is what it gained from loads of 101 to highs of 300.. So okay now I'm getting mixed from All right here we go.

I'm gonna pin it in the live chat just so you guys could all see it. So we have Tesla's official earnings in and it shows that Tesla's earnings per share of 91 cents per share beating expectations of 82 cents and revenue was 24.9 billion beating expectation. But one thing that that the reason that it might be dropping has to be because of their net profits right? But their goes. look Tesla's turning back around.

Look at this. Look at this. let's see how QQQ is looking. There it goes.

Looks like it's picking right back up just like Tesla Tesla is up there it goes and watch. Elon Fanboys take over. Here it goes. Let's see, let's see testing out.

this is a pretty valid resistance, but again, there's a lot of Demand right now. Remember, the stock market is an auction. Buyers and sellers know when to lock it in I know a handful of you guys were talking about buying the dip on Tesla Looks like that would have been a a quick little decent day trade, right? Nothing. two seconds.

Oh shoot. I didn't think that it was that significant. 4.3 percent. Congratulations.

That's actually really impressive. That's a huge in my opinion. That's a huge return from overall lows to current ties. Yeah, four percent.

That's an insane move. Congrats. Grab some at 287.60 Congrats I Like that. uh, looks like we're dropping once again, though.

slight signs of a resistance. not dropping. My apologies, but definitely showing signs of a resistance here. All right, here it goes.

Going back to retest: foreign Tesla up 1.6 1.7 I'm actually still surprised NASDAQ Look at that right, even with Tesla gapping up nearly two percent on the day. Do you see how significant the lack of influence that it has on NASDAQ Look at this. This is NASDAQ behind me and this is what Tesla's experiencing right now on my screen. right? Pretty wild though.

All right there it goes. Well, let's see how many of you guys actually lock in profits again. That's a big um area of opportunity I know for a lot of Traders So first off, congratulations to everyone who took advantage of that dip by opportunity. I mean does it surprise me from the Tesla Fanboys No, definitely not.

I mean we've seen it time and time again where it sells off and it quickly recovers. The only thing that I do want to remind you is that we do have Tesla's guidance call. Tesla's guidance column is again their earnings call which is where their Executives give future forecasts and kind of explain what happened in their Q2 earning reports but then also give future expectations of the company and based off of that in my opinion will really determine if Tesla continues to Rally or if Tesla comes right back down. So it looks like Tesla's trying to make its way back up to that 300 price point.

We are so freaking close at 299.29 So how are the earnings? So if you can see um I I pinned Tesla's earnings to this live chat so if you can't see that, then I'm pretty sure everyone should be able to see it. But Tesla's earnings are pinned to this live chat because I know that's why all of you guys are tuning on in. so just want to make sure that you're aware of that. but it be it.

Beat expectation both on the earnings per share and the overall Revenue To my understanding, yeah, foreign. there it goes. Revenue Yep, earnings per share of the forecast. So this shows the forecast of 0.79 The earnings per share actually reported 0.91 forecast was 24.29 billion Revenue was 24.93 billion.

Again, the big concern has to be and there it goes. This does not surprise me. The big concern has to be what are the net profits? What are the what is the take home? That's what I actually want to I don't know if you guys would like me to make a video on that I know I make videos all the time but I just want to make sure enough people want the video to happen. But I think that would be quite interesting to kind of like kind of dig into their financials and to you know break down of like yeah you know overall Revenue it be it beat expectation but net profits Supposedly a lot of analysts had the expectation that Tesla was going to have one of his one of its worst.

uh net profits, net proceeds quarters this quarter right? Uh, that would be helpful. Yeah I mean if you guys get this video to over 1 000 likes I'd be more than happy to host uh, that little video for you guys. So I don't even know how many people are on here. But if it's not too much to ask, drop a thumbs up again.

I'd love to host more of these live sessions for you guys uh, watching or catching the Market's reaction I think it's a lot of fun I Love having you guys here answering some questions and I feel like trading is really lonely sometimes. So again, it's kind of like one of our live sessions in the morning um that we host every single morning. but now it just has to do with quarterly earnings right? So all right, and here it goes. We got NASDAQ dropping NASDAQ is down 0.17 That's actually quite surprising.

we have Tesla down 1.2 percent. Guys, this is not looking the best. It has to be. It has to be at their financials.

Let's see: 480, 000, 480 000 Vehicles That's yeah, that has to be the most vehicles ever produced and delivered within a quarter. But again, the big concern was the big concern was how much money they took home because of their price drops. right? Earnings per share? There, we have it. So for all those that are asking, I also have it pinned, so make sure you're aware, it looks like it's trying to catch its way back up.

All right, All right. Okay, so operating cash profitability Highlights: 9.6 operating margin you was a record quarter, um, healthy at approximately 10 even with price reductions. Yeah, that's not bad, right? Can you believe that right? With so see this breakdown, our operating margin remained healthy at an approximate 10 with everything that Elon does. and I Think this says a lot about running a business and for all those business owners out there, their margin right, operating margin.

What they really try to focus on is trying to make 10 on you know, after cost of goods of the overall vehicle. I Think that's just like that really sheds some light. like for others that have businesses out there, e-commerce stores. whatever the case might be I mean one of the largest companies out there operates at this Grand scale, right? They're obviously investing a ton into their future, but at 10 percent uh operating margin I think that's quite impressive.

So uh, Cyber Truck Factory tool and on track producing Rc4 Bills Model Y became the best-selling vehicle globally in Q1 increase on our cash and Investments quarter over quarter to 23.1 billion free cash flow of. In conclusion, we are focusing on cost production, new product development that will endure future growth, investment and research and development. Better vehicle financing options. Continuous.

That has to be a big thing because financing options right now for vehicles are really expensive based off of higher interest rates. So I'm sure that's an issue that they're trying to overcome. Continuous products, improvements, and generation of free cash flow? Yeah, I'm I'm not generally impressed by the One billion. Obviously, with how large the company is, the challenges of these uncertain times are not over.

but we believe that we have the right ingredients for long-term success of the business throughout a variety of high potential projects. I Still want to learn more I Want to see if there's earnings call? They talk about those two new products that Elon talked about last time during his investor Roundup I Don't know if you guys remember that, but um I think that would be quite interesting. Total revenue grew 47 year-over-year Yep, Uh, yep. so this is this is the big thing.

Profitability, right? Our operating income decreased slightly year over year to 24. Uh, 22.4 billion in Q2 resulting in a 9.6 operating margin. You're over. Your operating income was primarily impacted by the following terms and this is probably what we talked about, right? Uh, gross profits, growth and energy, business as well as service and other lower cost per vehicle.

Yep, remember Um which includes lower raw material, lower cost, All right credits. Okay growth in vehicle deliveries despite margin headwind from uh under new factories. Negative: FX Impacts to increase in operating expenses driven by Cyber Truck Ai and other large product. Of course you have to include the AI because if not, your stock won't Skyrocket So cost of production Revs.

let's see going right back up to previous highs. Okay, looks like I did find a support here. Let's see if it goes back to retest that same resistance range. Uh, what time is the guidance call? Uh, guys, correct me if I'm wrong, but add to the 30 minutes or one hour and 30 minutes after the market closed.

so it's either in 12 minutes or in one hour and 12 minutes. So okay. Well these are the charts that he shows us during his Tesla Cyber Roundup button instead of a quarter over quarters or C over here. Nice little cyber truck testing.

Look at that little dirty boy that's dope. That's pretty cool. Wow. So many employees are okay at the obviously.

like if there's at a later time and then just get the key highlights and I'll make a video on it. Okay, so uh. overall for those that are tuning in a little bit later, uh Tesla as of right now it is up aftermarket hours 1.2 percent. This is before their guidance call so just a little heads up on that.

that's going to be the next Catalyst Either good or bad based off of what is said. Uh, their report came in at earnings per share at 0.91 so our expectation was around 0.8 so beating earnings per share and also beating Revenue 24.93 billion versus the 24.29 billion. So again, overall based off of forecast or B both on earnings per share and on Revenue so we could see that highlight right on over here. So other than that, um I mean that's really just.

it looks like we're testing that same resistance overall. NASDAQ Market is unfortunately down, but I think it's also waiting for Tesla to be reporting earnings I do want to follow up Netflix did report earnings and they are down 3.8 percent so far. United Airlines If this is any hint on what could what could be for American Airlines Tomorrow, it's looking pretty positive right? United Airlines is up 2.6 as travel has increased for 2023. So thank you.

All right? Uh, do you trade earnings? Yeah I do from time to time, but the earnings call hasn't happened yet. so I Like to wait for the reaction. We have this very simple saying within our Lpp team. that's uh, it goes by, you know I would rather be late to a rally than early to a sell-off right now.

Everything looks great for Tesla until the earnings call comes out and whatever it is said I can dump the the overall market right if there's greater expectation than what is actually reported which I don't think that there is right I mean Tesla um I mean it's it's Tesla and hopefully they have nothing but great things to say. but nonetheless I don't know. So instead of trying to guess I like to keep it simple I've made enough mistakes in my life before that again I would rather be late to a rally than early to a sell-off. So um, okay, let's see there it goes.

NASDAQ dropping once again so of course Kevin thank you again for tuning on in I Hope that you enjoyed the little live session so it's at 5 30 Eastern Time So quick recap on Carvana. Um, didn't Carvana report earnings prey? Market Looks like Carvana is done, but it's up 40 on the day? Yeah! So we talked about this during our our live trading session with the Lpp team today. Uh, but Carvana from Market open sold off right? So this is Very. This is a perfect example of all of the activity happened pre-market everything that happened during normal trading hours.

Even right now is all still below previous highs. It's not that you couldn't have made money, it's that Again, just the risk is very, very high. When something's up to 40 percent, it's up to you if you want to expose yourself to that kind of risk. I Just choose not to.

But just because I choose not to doesn't mean that you shouldn't. It just means that it's just too risky for me, especially for the dollar amount that I trade with. So I'm very excited to follow up if you're part of LBP again. I'll keep you guys up to date with what I hear from that earnings call I actually have to go to the Tesla center right now to pick up my Tesla because it was at the shop because the AC went down on the Plaid So I appreciate you guys time.

I Hope that you guys enjoyed this little live session again. I plan to host more of these uh as Apple and Amazon and Google and Microsoft report earnings next week. So I would love to have you for those live sessions. so please make sure that you subscribe and hopefully I earned your thumbs up.

Also, don't forget again we're We are going to be trading live tomorrow right at Market open and if you want to be able to tune on into that live session, that's going to be that second link in the description down below. And if you have any questions before joining, send me a direct message via Discord And that's the first link in the description down below. I Appreciate your time and like always, let's make sure that we end the year. I Agree now! tickets.