Tesla’s third-quarter operational summary revealed a plethora of results, showing some impressive growth when it comes to its energy and vehicle production numbers. Solar deployments saw a significant decline of 48%, dropping to 49 MW. On the other hand, energy storage deployments increased by 90% year-over-year to 4.0 GWh. Tesla’s physical locations grew by 25%, […]
Tesla has released its financial results for the third quarter of 2023, revealing a mixed performance. The company’s total automotive revenues reached $19.625 billion, marking a 5% year-over-year (YoY) increase. However, Tesla’s net income attributable to common stockholders (GAAP) declined by 44% YoY to $1.853 billion. The company’s total revenues for the quarter stood at […]
Tesla released its vehicle production and delivery statistics for the third quarter of 2023 on Monday, showing a decline compared to the previous quarter. The company produced 430,488 vehicles and delivered 435,059. This represents a 10.3% decline in deliveries from the 466,140 reported in the previous quarter and a 10.3% decline in production from the […]
Tesla announced its quarterly earnings after the closing bell on Wednesday afternoon, reporting record revenue for the second quarter of the year. The all-electric automaker reported a staggering quarterly revenue of $24.92 billion USD for the period spanning April to June 2023, representing a remarkable 46% year-over-year increase. Tesla handily surpassed Wall Street expectations of […]
Summary: Tesla on Wednesday reported revenues of $23.3 billion for Q1 2023, up 24% year-over-year. The company posted a net income (GAAP) of $2.5 billion, down 24% year-over-year. Tesla ended the quarter with 22.4 billion in cash, cash equivalents, and investments. Tesla announced its quarterly earnings on Wednesday afternoon, reporting record revenue for the first […]
Tesla today announced recording earnings for its third fiscal quarter in 2021, despite the ongoing global semiconductor shortage and supply chain pressures. The company’s shareholder slide deck also shared some new pictures from its Gigafactories in Texas, Shanghai and Berlin. At Gigafactory Texas, we get to see a view of some “office space with factory […]
During Tesla’s Q3 2021 earnings, the company revealed record net income, operating profit and gross profit. The company saw $1.6 billion GAAP net income from $13.7 billion in total revenues. When it comes to the company’s operation summary, Tesla said its Supercharger stations increased 49% year-over-year (YoY), with 3,254 total at the end of Q3. […]
Tesla held its 2021 Q2 quarterly earnings call on Monday, in which it announced $1.1 billion USD in net income, with a total of $11.9 billion in revenue. During the call, Musk emphasized how crucial manufactured semiconductor chips were to the production of Tesla’s vehicles, and discussed the ongoing global chip shortage, as documented by […]
Tesla reported on Friday its Q1 2021 vehicle production and deliveries and it was a record-breaking quarter, according to the company. For the January to March quarter, Tesla produced 180,338 vehicles (Model 3/Y) and delivered 184,800 vehicles (2,020 Model S/X and 182,780 Model 3/Y). “We are encouraged by the strong reception of the Model Y […]
One burning question Tesla owners have had for the longest time is whether their Autopilot add-on of Full Self-Driving, would be transferrable to their vehicle purchase from the company. According to this exact question posed during today’s Q4 2020 earnings call, CEO Elon Musk answered it to say it’s not coming anytime soon. The Tesla […]
Tesla has just announced its Q4 2020 earnings for the period ending September 30, 2020. The company achieved $10.74 billion in total revenues (up 46% YoY), while seeing a $270 million GAAP net income. This is the company’s six-straight quarter of profit and first-ever annual profit. Shares of Tesla are down 2.14% in after-hours trading, […]
Tesla has announced it will share its Q3 2020 financial results on Wednesday, October 21, 2020, after market close. “Tesla management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook,” explains a press release. Tesla’s Q3 2020 details […]
Tesla has just announced its Q2 2020 earnings for the period ending June 30, 2020. The company achieved $5.17 billion in revenues, while seeing a $104 million net income, meaning four quarters of sequential profit for the company, despite COVID-19 lockdown at its Fremont factory. Wall Street expected earnings per share of $0.03 and revenue...
