Tesla Stock Soars After Earnings Surprises: Here's A Summary

Let's take a look at seven key takeaways from Tesla's fourth-quarter shareholder letter and earnings call yesterday.explained,"It was a fantastic year for Tesla. It was our best year ever on every level... in 2022, we delivered over 1.3 million cars and achieved a 17% operating margin, the highest among any volume carmaker, I think maybe among any carmaker."

CFO Zach Kirkhorn reflected on the past year's accomplishments:"On a full year basis, revenue increased over 50%, operating income doubled, free cash flows increased over 50%, and our margins remained industry-leading." In addition to the vehicle side of the business, he added that"the energy business had its strongest year yet across all metrics."Musk noted that after Tesla's recent price drops,"Demand far exceeds production...

While it's difficult to predict what's coming, if we look through the rearview mirror, it's clear that Tesla's experienced some impressive growth as evidenced in the charts below (courtesy of

LOL... Stock popped 10% and leveled off. Still SO far from it's peak only months ago 🤣😃🤣

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Tesla stock is top pick at Morgan Stanley ahead of earningsMorgan Stanley predicts a "shake out" for the electric-vehicle maker as companies jockey for market share and run the risk of oversupplying the... Happy Passport Renewal Week! 🇺🇸☎️📖 Tesla is a King of EV world 🌍 Morgan Stanley should not be covering Tesla stock. Conflict of interest given how much TWTR debt it holds linked to Elon Musk. They can’t be objective. There really aren’t Chinese walls at brokerage firms.
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STOCK MARKET NEWS: GDP surprise, Tesla shares jump, Southwest’s mea culpaStocks rise as the U.S. economy unexpectedly grew in the 4Q, Musk delivers for Tesla, Southwest, American Airlines give updates. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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