top of page
  • Writer's picturejustinlawrence137

Tesla Earnings (Beat Earnings & Revenue)

Here is the update on the Tesla Earnings from today...

Tesla's earnings reports can have a significant impact on the company's stock price. If the earnings are better than expected, the stock price may increase. Conversely, if the earnings are worse than expected, the stock price may decrease. Additionally, the stock market may react to any future guidance provided by the company, as well as any updates on the company's plans for growth or expansion. Overall, it is important for investors to closely monitor Tesla's earnings reports to gain insight into the company's financial performance and potential future prospects.


Here are todays results from Tesla Earnings:

  • Earnings (adjusted): $1.19 vs $1.13 per share expected

  • Revenue: $24.32 billion vs $24.16 billion expected

Beating both Earnings and Revenue.


Earlier this month, Tesla reported vehicle delivery and production numbers for the fourth quarter of 2022 that set a new record for the company, but fell shy of the company’s goals and analysts’ expectations, despite having cut prices on its cars in December to spur customers to take deliveries before the year’s end.


Tesla reported 405,278 vehicle deliveries and production of 439,701 vehicles in the period ending December 31, 2022. Full year deliveries amounted to around 1.31 million, a record for Tesla, after the company started production at its new factories in Austin, Texas, and Brandenburg, Germany.


So far in 2023, Tesla has continued to cut prices on its cars around the world, upsetting customers in the US and China who recently bought new Teslas at higher prices, and triggering an instant decline in used Tesla prices in the US as well.


Overall, 2023 is looking to be a big year for Tesla and Tesla share holders.


Make sure you connect with us on discord and turn your post notifications on to receive updates about our live streams: https://discord.gg/kwVQtmu


The stock market is dropping and now is the best time to start investing in the stock market! Watch me trade live in the stock market. My learn plan profit group gets to watch me trade live every day, and get a feel of what they experience daily. -Ricky Gutierrez





59 views

Recent Posts

See All
bottom of page