Thread by @TeslaAndDoge

#Tesla made $3.3 Billion profit in Q1. How much profit will they report in Q2?

We know Q2 deliveries, we know Bitcoin impairment. Someone needs to crunch numbers.

In Q2 2021, #Tesla did a $1 Billion profit. They will need to show a profit greater than $1 Billion in Q2 2022, to have their P/E go further down.

The layoffs typically increase short term expenses because Tesla needs to pay severance immediately. There will also be losses realized from Berlin and Texas as those factories ramp. Many one-time factors point to a lower profit number.