Tesla announced remarkable financial results for the fourth quarter and the entire year of 2023 on Wednesday. The company’s GAAP operating income reached $8.9 billion for the year, with $2.1 billion recorded in the fourth quarter alone. The GAAP net income stood at an impressive $15.0 billion for 2023, skyrocketing to $7.9 billion in Q4. […]
Tesla announced on Sunday record-breaking production and deliveries for the second quarter of 2023. The company produced nearly 480,000 vehicles and delivered more than 466,000 during the period—new records for Tesla. Here’s the breakdown: Model S/X: Production stood at 19,489 with 19,225 deliveries, 8% of which were subject to operating lease accounting. Model 3/Y: Production […]
Tesla has just announced its Q1 2023 deliveries on Saturday morning and they hit a new record. Tesla produced 421,371 Model 3/Y units and 19,437 Model S/X units. The company delivered 412,180 Model 3/Y vehicles and 10,695 Model S/X vehicles. In total, production for Q1 was at 440,808 and deliveries at 422,875, from factories in […]
Wedbush has maintained an Outperform rating and a $225.00 price target for Tesla, expressing optimism ahead of the electric automaker’s Q1 delivery report. Tesla’s delivery numbers for the first quarter are expected to be released soon, and analysts are eager to see how demand has held up in an unstable macro environment, reports Investing.com. According […]
Tesla is now accepting questions for its fourth-quarter and year-ended December 31, 2022, earnings call, as detailed by Martin Viecha (@MartinViecha), the company’s head of Investor Relations. Submit new questions or upvote your favourite questions for Tesla's earnings call here:https://t.co/lcuyKYrRQn — Martin Viecha (@MartinViecha) January 21, 2023 The all-electric automaker’s Q4 and full-year 2022 earnings […]
According to a recent report from Barron’s, Tesla’s record-setting earnings for the first quarter of this year handily beat Wall Street’s estimates, leaving analysts “speechless” (via Yahoo Finance). The electric vehicle (EV) maker on Wednesday announced $18.7 billion USD in total revenue for Q1 2022, up a staggering 81% year-over-year, with a net income of […]
During Tesla’s first quarter earnings report, the company said its Model 3 sedan was the “best-selling premium sedan in the world,” a stat based on the most recent comparable publicly available OEM data. Tesla said “about three and a half years into its production, and even without a European factory,” the Model 3 led worldwide […]
Tesla shared a new image of its Semi truck prototype testing, as found in its first quarter earnings report, which set new records for net income and revenue. The company also shared images of the Gigafactory Berlin, showing off the Model Y factory construction, as seen below: We also have a picture of the Giga […]
Image via Reuters On Wednesday, Tesla’s Q4 2020 earnings could result in a $7 billion options payout for CEO Elon Musk. According to Reuters, many are highly anticipating what Tesla will forecast for deliveries in its fiscal 2021. “We’re expecting close to 900,000 deliveries. I think that as the economy opens up again, there is […]
Tesla has just announced its Q3 2020 earnings for the period ending September 30, 2020. The company achieved $8.77 billion in revenues, while seeing a $331 million net income, meaning five straight quarters of sequential profit, a record for the company. As for Q3 vehicle production and deliveries, Tesla previously reported 139,300 electric vehicles being […]
Tesla has attracted the attention of many investors, with the general public becoming interested in buying shares as well (through third-party apps like Robinhood), as the stock has been on fire lately. Tesla absolutely surpassed expectations with their Q2 (second quarter) results, rising about 6% after trading finished on Wednesday. As reported on Yahoo Finance, […]
