Global Automotive Stocks/EV Focus/Event Driven, SC Capital

SC Capital

SC Capital has over 20 years' experience covering the global automotive industry both on the Sell Side (UBS & Morgan Stanley) and Buy Side (Och-Ziff), along with a wealth of industry contacts. 

Current focus is on electric vehicle stocks & their supply chains. Aim is to identify the winners and losers from a long/short perspective. This includes close coverage of legacy automakers as well.  

From time to time. we cover opportunistic events with stocks in the manufacturing sector, food & beverage, healthcare and tech, where we also have coverage experience.

Global Automotive Stocks/EV Focus/Event Driven

Tesla Q1 Deliveries Come In Under The Wire

Tesla (TSLA): Shanghai’s Lockdown Killing Whole Chinese Automobile Supply Chain

Over 22 years covering Japanese equities on both the sell side and the buy side. 

Bottom-up Japan Equities Research

Event-Driven

<ul>
<li>Tesla's Q1 results on April 20th (after market) will likely beat Street estimates, but the overshoot may not be as important as profit margins, which should decline versus Q4 2021.</li>
<li>Q2 outlook is grim, given the lockdown of Tesla's Shanghai factory. Even if output ramps up in May, exports--which are 40% of output--may not recover due to epic port congestion. </li>
<li>Tesla has 2 new factories ramping up as of this month. A slowdown at its most profitable plant amid start-up costs could raise the need for equity financing.  </li>
</ul>


Tesla's Q1 results on April 20th (after market) will likely beat Street estimates, but the overshoot may not be as important as profit margins, which should decline versus Q4 2021.
Q2 outlook is grim, given the lockdown of Tesla's Shanghai factory. Even if output ramps up in May, exports--which are 40% of output--may not recover due to epic port congestion. 
Tesla has 2 new factories ramping up as of this month. A slowdown at its most profitable plant amid start-up costs could raise the need for equity financing.  


Tesla Q1 Preview: 15% Beat at Best, But Margins & Guidance May Disappoint