Tesla announced its production and delivery figures for the first quarter of 2024, revealing that it produced over 433,000 vehicles and delivered approximately 387,000 units during the period. That’s a 20% decline quarter-over-quarter and a 9% drop year-over-year. The company also achieved a record deployment of 4,053 MWh of energy storage products in Q1, marking […]
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 […]
Tesla held its 2021 Q4 earnings call on Wednesday, and one channel has taken to cutting up the highlights to make the call a quick listen, rather than a long, slow burn. Solving The Money Problem shared a 15 1/2-minute supercut of Tesla’s Q4 earnings call on Wednesday, featuring mostly the highlights from the investor’s […]
Tesla shared more details about its Tesla Bots, or humanoid robots at its Q4 2021 earnings call today. The automaker stressed it would not be launching any new vehicles this year, as it would put constraints on existing production and deliveries. But in the meantime, it would be still working on engineering and tooling used […]
Tesla confirmed on its Q4 2021 earnings call its Cybertruck and new Roadster won’t launch this year and will “hopefully” launch next year, said CEO Elon Musk. The company said while it won’t be launching new vehicles this year, it will be creating engineering and tools to create those vehicles, and start production hopefully by […]
Tesla’s Q4 2021 earnings resulted in another record quarter, with revenue beating Wall Street’s expectations, at $17.71 billion. The automaker shared a couple of charts detailing its lead versus other established automakers, such as GM, Toyota, BMW, Honda and more. Tesla’s vehicle delivery growth (time-to-market) currently continues to outpace legacy automakers, in particular for Q4. […]
Tesla produced 305,840 cars in Q4 2021, and the automaker said this was achieved partly by record production from its factory in Fremont, California. The automaker said Q4 “saw a continuation of global supply chain, transportation, labor and other manufacturing challenges, limiting our ability to run our factories at full capacity.” While Tesla states its […]
After announcing its record Q4 2021 earnings, Tesla also shared new photos of its upcoming Gigafactories in Texas and Berlin. Tesla produced a record number of vehicles from its Fremont factory in California, but what’s coming is even more exciting. Below are images shared within the company’s Q4 2021 shareholder slide deck. Gigafactory Berlin – […]
Tesla has announced its Q4 2021 earnings on Wednesday afternoon, reporting numbers higher than Wall Street expectations. The automaker reported $2.52 earnings per share, while revenue was at $17.72 billion, both beating Refinitiv data of $2.36 and $16.57 billion from analysts. Revenue was up 65% YoY. Tesla saw 27.4% gross margin, up from 26.6% in […]
Tesla announced on Wednesday it will share its financial results for Q4 2021 and full year ended results as of December 31, 2021, on Wednesday, January 26, 2022, after market close. The company’s management will hold a live question and answer webcast on January 26 at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to […]
During Tesla’s record Q3 2021 earnings call yesterday, the company took some time to explain its recent price increases. According to Zach Kirkhorn, the company’s Chief Financial Officer (and Master of Coin), he detailed “pricing has been a really difficult thing for us over the last couple of quarters.” Kirkhorn went on to say, “the […]
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 has just released its Q3 2021 earnings, achieving the company’s best-ever net income, operating profit and gross profit. The company saw $1.618 billion in GAAP net income from $13.757 billion in total revenues. “We achieved our best-ever net income, operating profit and gross profit. Additionally, we reached an operating margin of 14.6%, exceeding our […]
Tesla has announced its quarterly earnings for Q2 2021 and the company has “broke new and notable records.” Tesla saw a total of $11.9 billion in total revenue for Q2. The electric automaker achieved an operating margin of 11% and exceeded $1 billion of GAAP net income for the first time in its history, despite […]
