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Tesla, Inc. (TSLA) CEO Elon Musk on Q2 2022 Results - Earnings Call Transcript

Jul. 20, 2022 10:04 PM ETTesla, Inc. (TSLA)8 Comments
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Tesla, Inc. (NASDAQ:TSLA) Q2 2022 Earnings Conference Call July 20, 2022 5:30 PM ET

Company Participants

Martin Viecha - Vice President, Investor Relations

Elon Musk - Chief Executive Officer

Zachary Kirkhorn - Chief Financial Officer

Andrew Baglino - Senior Vice President, Powertrain and Energy Engineering

Lars Moravy - Vice President, Vehicle Engineering

Conference Call Participants

Pierre Ferragu - New Street Research

Emmanuel Rosner - Deutsche Bank

Colin Rusch - Oppenheimer

Toni Sacconaghi - Bernstein

Martin Viecha

Good afternoon, everyone and welcome to Tesla’s Second Quarter 2022 Q&A Webcast. My name is Martin Viecha, VP of Investor Relations; and I am joined today by Elon Musk, Zachary Kirkhorn and a number of other executives. Our Q2 results were announced at about 3:00 p.m. Central Time in the update deck we published at the same link as this webcast.

During this call, we will discuss our business outlook and make forward-looking statements. These comments are based on our predictions and expectations as of today. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in our most recent filings with the SEC. During the question-and-answer portion of today’s call, please limit yourself to one question and one follow-up. [Operator Instructions]

But before we jump into Q&A, Elon has some opening remarks. Elon?

Elon Musk

Thank you, Martin. So, just as a Q2 recap, Q2 was a unique quarter for Tesla due to a prolonged shutdown of our Shanghai factory. But in spite of all these challenges, it was one of the strongest quarters in our history. Most importantly, in June, we achieved production records in both Fremont and Shanghai. And as a result, we have the potential for a record-breaking second half of the year.

I do want to emphasize this was obviously subject

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