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Tesla (TSLA) is set to announce its second-quarter 2021 financial results today, July 26, after the markets close. As usual, a conference call and Q&A with Tesla’s management is scheduled after the results.

We’ll take a look below at what both the street and retail investors are expecting for the quarterly results.

Tesla Q2 2021 deliveries

As usual, Tesla’s vehicle deliveries drive most of its earnings results, since vehicle sales represent the automaker’s main revenue stream at the moment.

Tesla already released its Q2 2021 numbers confirming that it delivered just over 200,000 cars and produced more than 206,000 vehicles between April and June 2021.

That’s a new quarterly record – 8% higher deliveries quarter-over-quarter, which is significant considering the prior quarter was also Tesla’s last delivery record.

Year-over-year, the growth is much more significant at 121%, but we also need to account for the impact of the pandemic around this time last year.

Delivery and production numbers are always slightly adjusted during earning results.

Tesla Q1 2021 revenue

Again, for revenue, analysts generally have a pretty good idea of what to expect thanks to the delivery numbers.

The Wall Street consensus for this quarter is $11.532 billion, and Estimize, the financial estimate crowdsourcing website, predicts a slightly higher revenue of $11.615 billion.

That’s roughly $1 billion more than Tesla reported last quarter and more than double the revenue of Q2 last year.

The predictions for Tesla’s revenue over the past two years: Estimize predictions are in blue, Wall Street consensus are in gray, actual results are in green:

Tesla Q1 2021 earnings

Tesla always attempts to be marginally profitable every quarter as it invests most of its money into growth and it has been successful doing so over almost the last 2 years now.

For Q2 2021, the Wall Street consensus is a gain of $0.94 per share, while Estimize’s prediction is slightly higher with a profit of $1.01 per share.

Both predictions are a little more optimistic than last quarter’s, which Tesla managed to beat by a slight margin.

Earnings per share over the last two years: Estimize predictions in blue, Wall Street consensus in gray, actual results in green:

Other expectations for the TSLA shareholder’s letter and analyst call

For investors, the focus is on growth and right now, for Tesla, that means adding production capacity and securing battery supply.

I think investors are going to want more updates on Gigafactory Berlin and Gigafactory Texas.

Both factories are supposed to be producing vehicles by the end of the year and a status update would be appreciated when we are just months away from that goal.

An update on Tesla’s 4680 battery cell production is also critical since Tesla plans to use those cells and its new structural battery pack technology for the new vehicles to be produced at those plants.

CEO Elon Musk also recently confirmed that Tesla plans to open up the Supercharger network to other automakers by the end of the year.

I think investors would appreciate more details on how the company plans to roll that out since it will have a big effect on the Tesla ownership experience and it’s also going to be a new revenue stream.

There are also the usual updates to programs like Full Self-Driving, but Musk has been often just updating people on that via Twitter.

We recently reported that Tesla Semi is nearing production in Nevada and an official update from Tesla on that front would be appreciated.

The same goes for Tesla Cybertruck. The automaker’s official timeline for the electric pickup truck is still “end of 2021”, but that’s looking less likely by the day and an update on the production plan would give us a better idea.

On the Tesla Energy front, Electrek exclusively reported on Tesla’s new 420-watt solar panel and selling more hardware to third-party installers. It would be interesting for Tesla to discuss those plans since they haven’t been made public yet.

What else are you looking for during Tesla’s earnings? Let us know in the comments section below, and join us later today for an extensive coverage of the earnings.


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Coldplay reschedule Wembley Stadium shows over Tube strikes

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Coldplay reschedule Wembley Stadium shows over Tube strikes

Coldplay have rescheduled the final two dates of their 10-show run at Wembley Stadium because of strike action on the London Underground.

Rail, Maritime And Transport (RMT) union walkouts next Sunday and Monday make it impossible for fans to get to and from the venue safely, the band said in a statement.

The completion of their Wembley run will see Coldplay become the first act to play 10 dates at the national football stadium in the same year, knocking current joint record holders Taylor Swift and Take That from the top spot.

Both Swift and Take That have played eight Wembley shows in a single year.

Industrial action on the Tube will take place at different times from 5 September for seven days, impacting Coldplay’s gigs – which are part of the band’s eco-friendly Music Of The Spheres world tour – on 7 and 8 September.

A statement from the band posted on social media read: “We’re sorry to announce that, due to planned industrial action on the London Underground, we’ve been forced to reschedule our final two concerts of the current Wembley Stadium run.

“Without a Tube service, it’s impossible to get 82,000 people to the concert and home again safely, and therefore no event licence can be granted for the nights of 7th and 8th September.

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“To avoid cancelling the shows, our only option is to reschedule.”

They said the show on 7 September would move to 6 September and the show on 8 September would move to 12 September.

The band added: “We’re very sorry for the inevitable disappointment, frustration and inconvenience that this situation causes.”

Coldplay said tickets would remain valid for their rescheduled date, but any fans who are unable to attend their rescheduled show can get a full refund on their ticket from their point of purchase before noon on 2 September.

Returned tickets are to go on general sale at 11am on 3 September via Ticketmaster.

The band confirmed shows on 30 and 31 August, and 3 September and 4 September would go ahead as scheduled.

Some 10% of the band’s proceeds from the Wembley shows will be donated to the Music Venue Trust to help support grassroots UK venues and upcoming artists.

Fronted by Chris Martin, Coldplay formed in 1997, and have gone on to achieve two UK number one singles and 10 UK number one albums. They are best known for songs such as Yellow, Fix You, A Sky Full Of Stars and Viva La Vida.

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Jessie J cancels tour dates ahead of second breast cancer surgery

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Jessie J cancels tour dates ahead of second breast cancer surgery

Jessie J has been forced to rearrange or cancel all upcoming tour dates as she will be having a second operation as part of her treatment for breast cancer.

The 37-year-old announced in June that she had been diagnosed with early breast cancer. She had her first operation later in the same month.

The singer, whose real name is Jessica Cornish, was due to tour the UK and Europe in October, before gigs in the US in November.

In a video posted on Instagram, she’s now told fans: “Unfortunately, I have to have a second surgery, nothing too serious, but it has to be done before the end of the year and unfortunately, that falls right in the middle of a tour that I had booked.”

The UK and Europe dates have been postponed until April next year while the US tour has been cancelled.

“So that is what it is, and I’m sorry,” the performer said. “I feel frustrated and sad, but also it is what it is, and I need to be better.

“I need to be healed, and I know this is the right decision to make. So I’m postponing the tour till next year.”

The star has asked fans to “please bear with us for the US tour”, adding that it’s “something that I want to do, but when the time is right”.

“You guys know how much I want to do all of it, but I just can’t,” she said. “And I have to be realistic.”

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Jessie J has battled numerous health issues, including being diagnosed with a heart condition when she was eight years old and suffering a minor stroke aged 18.

The singer-songwriter has had three number one songs in the UK singles chart, with Price Tag and Domino – both released in 2011 – and 2014’s Bang Bang, a collaboration with Ariana Grande and Nicki Minaj.

She won the Critics’ Choice prize at the 2011 BRITs and bagged four Mobo awards in the same year.

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‘I’m shocked at how fragile I am still’: Cumberbatch and Colman on protecting their sanity from perils of social media

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'I'm shocked at how fragile I am still': Cumberbatch and Colman on protecting their sanity from perils of social media

Actor Benedict Cumberbatch says he’s shocked at how “fragile” he still is – despite years in the spotlight and success in the industry.

It might seem like the Doctor Strange star and The Crown actress Olivia Colman have it all when it comes to money and success – but they are also human like the rest of us.

The pair lead the cast of new satirical black comedy The Roses, which sees picture-perfect couple Ivy and Theo Rose – a rising star chef and ambitious architect – raise their two children in California, while chasing their own dreams.

‘I am shocked at how fragile I am’

But behind its dark humour and comic language, the film also looks at the realities of power imbalance, insecurity and wounded pride – in even the strongest of relationships.

And 49-year-old Cumberbatch – whose character faces a major setback in his career – tells Sky News that in real life the glare of social media only intensifies those type of situations.

“I am shocked at how fragile I am still.

More on Benedict Cumberbatch

“I don’t go anywhere near it [social media] because of that.

“It’s like walking into a place where people want to marry you or kill you. Those extremes.

“I think we will get to a stage, a corporate culture that’s now manifested around it where people are obliged to do that in order to sell their lives, and therefore their brand and what they do for a living.”

Co-star Colman – who’s long-shunned the online world – agrees.

Cumberbatch and Colman in The Roses. Pic: Jaap Buitendijk/ Searchlight Pictures
Image:
Cumberbatch and Colman in The Roses. Pic: Jaap Buitendijk/ Searchlight Pictures

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“I’m afraid I am very thin-skinned.

“I don’t look at any of it. My husband will look at a review and if it’s nice he’ll show me – but if it’s anything mean he knows to just go ‘don’t look – don’t look.’

“You just have to learn to be thicker-skinned.

“But actually, I think we need people who are sensitive and kind.”

‘Don’t do it… delete it all’

Colman – now 51, and whose leading role in The Favourite bagged her an Academy Award in 2019 – says no amount of experience and success can shield her from criticism.

“My advice to a young’un – sort of dipping their toe into the world of social media for the first time is absolutely don’t do it.

“Delete it all. If you want a happy life, don’t have any of it. I’ve never had it.”

The movie – directed by Meet The Parents’ Jay Roach with The Favourite screenwriter Tony McNamara – also calls into question the notion of success – asking, is it really possible to have it all?

Or is sacrifice inevitable when it comes to spinning the plates of a high-flying career, marriage and parenthood?

Cumberbatch admits “you can’t do it all without there being a cost”.

“You just have to weigh up what those balances are,” he adds.

Colman says “there are I suppose little sacrifices along the way” – from both sides of a relationship.

The comedy drama offers a fresh take on Warren Adler’s novel The War Of The Roses – and the 1989 hit film adaptation- starring Michael Douglas and Kathleen Turner.

Colman and Cumberbatch – both producers on the film – insist they weren’t daunted by that though.

“We wanted to find a project to do together, and we have utter respect for the iconic status of the film and book,” explains Cumberbatch.

“Hopefully this will have its own place in the culture – it’s very different, it’s not a remake – it’s a reimagined jumping-on point.”

“But beyond that, it’s very different,” adds Colman.

Former Doctor Who Ncuti Gatwa and Barbie’s Kate McKinnon also form the cast.

The Roses is out in UK cinemas now.

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