Tesla Says Big Revenue Upside 'Probable'

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Video Length: 00:10:15

Uh, look at this and tell me if this doesn't get you excited about Tesla's (Nasdaq: TSLA) numbers this year. This is from their 10Q Q1 SEC filing.

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Source Page 22

In the above video, I run through what it means to my EPS model after trying to get to $55B in revenues for this year.

Notice the Street is not there.

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I think the revenue upside from here will come from higher-margin Model Y, S&X which should help ASPs start moving back up and gross margins breaking out to new highs.

That helps my EPS model get to $22+ for 2022. Using 65X$22 I have a 12-month upside potential to about $1,400+. The Street for next year's EPS is only at around $6. So $22 would be nice.

In this video, I also discuss the recent news on Berlin and FSD. I'm bullish but just looking for technicals to look a little better.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Disclaimer: All investments have many risks and can lose ...

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