Tesla Earnings

2023 - 1 - 25

tesla earnings date 2023

Tesla reports record revenue and beats on earnings (CNBC)

Tesla just reported fourth-quarter earnings for 2022 including revenue of $24.32 billion, and earnings per share of $1.19. Automotive revenue amounted to ...

The cost of revenue for its energy division was high, though, at $1.15 billion in the fourth quarter. Tesla also said that approximately 400,000 customers in North America now have the ability to test out its experimental, "FSD Beta" driver assistance system. Factories in Austin, Texas and near Berlin, Germany, each have capacity to make 250,000 Model Y vehicles annually, the company says. [I have one of] the most interactive accounts, social media accounts, maybe in the world, certainly on Twitter, and that actually predated the acquisition. Automotive gross margins came in at 25.9%, the lowest figure in the last five quarters. [cut prices](https://www.cnbc.com/2023/01/13/tesla-cuts-prices-in-us-and-europe-to-stoke-sales.html) on its cars around the world, upsetting customers in the U.S. Tesla reported automotive revenue of $21.3 billion in the fourth quarter, representing 33% growth year-over-year. and China who recently bought new Teslas at higher prices, and triggering an instant decline in used Tesla prices in the U.S. We're currently seeing orders of almost twice the rate of production." And I really encourage companies out there of all kinds automotive or otherwise to make more use of Twitter and to to use their Twitter accounts in ways that are interesting and informative, entertaining, and it will help drive sales just as it has with Tesla." Shares rose more than 5% after hours after CEO Elon Musk said the company might be able to produce 2 million cars this year. Here are the results.

Tesla Stock Rises On Earnings, Upcoming Vehicles; EV Giant ... (Investor's Business Daily)

Tesla stock rose late as earnings topped Q4 views and the EV giant teased upcoming vehicles. TSLA has soared from its Jan. 6 bear market low.

[bouncing in the week](https://www.investors.com/news/tesla-stock-extends-rally-china-ev-registrations-jump-following-price-cuts/) of Jan. Tesla stock has an 46 [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/stocks-to-buy-and-watch-ibd-composite-rating-top-growth-stocks/) out of 99. and Europe](https://www.investors.com/news/tesla-stock-tumbles-as-ev-giant-slash-u-s-european-prices/). The stock has an 5 Relative Strength Rating, an exclusive [IBD Stock Checkup](https://research.investors.com/stock-checkup/nasdaq-tesla-tsla.aspx) gauge for share-price movement. [Auto Manufacturers industry group](https://research.investors.com/stock-checkup/nasdaq-tesla-tsla.aspx). [hit a record 405,278 in the fourth quarter](https://www.investors.com/news/tesla-deliveries-hit-record-405278-in-q4-miss-views-despite-big-incentives/). Musk told investors Wednesday that so far in January, Tesla has "seen the strongest orders year-to-date than ever in our history." Tesla is planning to build a $3.5 billion manufacturing facility in Northern Nevada for Semi trucks, according to the Nevada Independent. And so these price changes really make a difference for the average consumer," Musk said. The deliveries also swelled 40% to 1,313,851 in 2022. The Model 3 sedan and Model Y crossover accounted for the vast majority of sales. Other reports say the Cybertruck will begin mass production in late 2023.

Tesla reports record earnings but tighter profit margins (CNN)

Tesla reported record profits for the fourth quarter and the full year, but said its profit margins were tighter due to higher costs, recent price cuts, ...

The company’s previous aggressive growth rates and strong profit margins were factors that made Tesla the most valuable automaker in the world by far, despite having a fraction of the sales volume of other global automakers. [debut long-promised new vehicles](http://www.cnn.com/2022/01/26/business/tesla-earnings/index.html), such as the Cybertruck pickup, due to supply chain issues that forced it to concentrate on its existing product line. “We are prepared for short-term uncertainty, while being focused on the long-term potential of autonomy, electrification and energy solutions.” The company’s statement and Musk acknowledged that there are economic and other uncertainties ahead that could affect 2023 results. We’re not committing to that but I’m just saying that’s the potential. Musk said Tesla would have capacity to make about 2 million cars this year, if everything goes smoothly. “It just always seems to be some force majeure thing that happened somewhere on Earth. “The most common question we’ve been getting from investors is about demand,” he said. Many auto analysts strip out those credits when calculating the profit margins Tesla achieves on its automotive operations. And so these price changes really make a difference for the average consumer.” Tesla gets hundreds of million dollars each year selling the governmental credits it receives for selling only zero-emission cars. Analysts surveyed by Refinitiv had forecast EPS of $1.13.

Stock Market Today: Dow Gains Slightly; Tesla Reports Record ... (The Wall Street Journal)

Electric automaker Tesla reported fourth-quarter financial results after Wednesday's closing bell. The company's shares fell in early after-hours trading, ...

estimated $3.8 billion\nFree cash flow of $1.42 billion vs. estimated $24.7 billion\nGAAP net profit of $3.69 billion vs. Here's what the company said, along with a summary of the main Wall Street estimates from FactSet:\n\nQuarterly revenue of $24.3 billion vs.

Five Key Things to Watch in Tesla's Earnings Report (Bloomberg)

Tesla Inc. investors badly bruised by last year's 65% rout are looking for clarity from Wednesday's earnings report on demand for its electric vehicles, ...

Early this year, Tesla reported fourth-quarter deliveries that [fell well short](https://www.bloomberg.com/news/articles/2023-01-02/tesla-notches-record-delivering-405-278-cars-in-fourth-quarter) of expectations, then [slashed prices](https://www.bloomberg.com/news/articles/2023-01-13/tesla-slashes-prices-in-us-to-qualify-models-for-tax-credit) in the US and Europe. [Twitter Inc.](/quote/TWTR:US) in late October, then offloaded billions of dollars worth of Tesla stock in [November](https://www.bloomberg.com/news/articles/2022-11-09/musk-sells-3-95-billion-of-tesla-stock-after-twitter-takeover) and [December](https://www.bloomberg.com/news/articles/2022-12-15/elon-musk-sells-at-least-3-6-billion-of-tesla-shares).

Earnings Preview: What To Expect From Tesla Today (Forbes)

Tesla Inc. is scheduled to report earnings after today's close. The stock hit a record split adjusted high of $414.46/share in 2021 and is currently trading ...

Technically, the stock is trading near its declining 50 DMA line which would be a logical place for people to short the stock. The stock is trying to bottom but it is still trading below both its 50 and 200 day moving average lines. The company just lowered prices and that might be a sign that sales are beginning to slow as the broader economy slows down. The company is expected to report a gain of $1.13/share on $26.16 billion in revenue. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down.