Tesla reviews fourth-quarter outcomes for 2021 on Wednesday after the bell.

Here is what Wall Road analysts count on:

• Earnings (adjusted): $2.36 per share anticipated, per Refinitiv
• Income: $16.57 billion anticipated, per Refinitiv

The report comes within the midst of a very powerful tech earnings season in years. The Nasdaq has suffered its worst January since 2008 as many buyers have begun to bitter on the promise of high-growth tech shares.

In 2021, Tesla delivered 936,172 automobiles, an 87% improve versus 2020 when it reported its first annual revenue on deliveries of 499,647. Its 2021 deliveries included 308,600 electrical automobiles within the fourth quarter. (Deliveries are the closest approximation to gross sales reported by Tesla.)

CEO Elon Musk and different execs are anticipated to provide a progress replace on the corporate’s long-delayed heavy obligation Semi truck, experimental Cybertruck pickup, and plans for driverless automobile techniques and a $25,000 compact automotive.

With factories being inbuilt Austin, Texas, and Brandenburg, Germany, shareholders additionally need to know when high-volume automobile manufacturing and deliveries are anticipated to begin at every plant.

Tesla’s steerage could also be tempered by provide chain points, if Musk’s tweets are any indication. On November 29, 2021, he wrote on Twitter, “Oh man, this yr has been such a provide chain nightmare & it is not over! I’ll present an up to date product roadmap on subsequent earnings name.”

In 2020, Tesla stated it might start producing its latest mannequin — the crossover SUV often known as the Mannequin Y — at its new factories in 2021. The corporate had additionally deliberate to make use of its personal tabless 4680 battery cells, which it unveiled in September 2019, in these automobiles. The cells may assist improve the vary of Tesla’s electrical automobiles by over 10%.

These plans had been delayed, nevertheless, amid the second yr of the coronavirus pandemic marked by chip shortages and port constraints. Tesla fared higher than different North American automakers all through.

As we speak, Tesla is on the point of Mannequin Y manufacturing and deliveries from Austin, however just isn’t but making its tabless battery cells for business use.

Within the fourth quarter of 2020, Tesla’s Power division — which installs photo voltaic photovoltaics, and sells power storage techniques starting from dwelling backup batteries to grid-scale initiatives — reported $752 million in income nevertheless it was within the purple. Within the third quarter of 2021, Tesla Power reported $806 million in income, and a slender $3 million revenue.

Tesla struggled with its photo voltaic enterprise in 2021 and is now dealing with a category motion lawsuit from prospects displeased with a sudden value hike, amongst different issues. Nonetheless, the corporate put in giant, power storage techniques everywhere in the world. Musk has repeatedly stated the corporate may make and promote much more of its power storage techniques if Tesla’s automobile enterprise didn’t eat up a lot of the availability of batteries and chips.

Since Tesla’s final earnings name, the corporate started accepting the cryptocurrency, dogecoin, for some non-vehicle purchases in January 2022. After that, and a steep decline within the value of bitcoin final week, Tesla CFO Zach Kirkhorn is prone to face questions concerning the worth of Tesla’s cryptocurrency holdings.

Tesla hit a $1 trillion market cap for the primary time after its third-quarter earnings report, and shares spiked once more after rental automotive firm Hertz introduced it might develop its fleet of battery-electric automobiles with “an preliminary order of 100,000 Teslas by the top of 2022.” Musk later clarified that Tesla had but to signal a contract with Hertz.

Since then, Musk has offered greater than $16 billion value of his Tesla shares.