Tesla spikes on earnings beat, says Model Y production underway

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

The company has already reported deliveries of 112,000 vehicles globally during the fourth quarter, a quarterly best for Tesla.

Here's how the company did versus expectations:$7.38 billion versus $7.02 billion, expected according to Refinitiv.

Tesla said it expects positive cash flow and net income on a continuing basis going forward, with possible exceptions as it launches and ramps up production for new products. The company's automotive gross margins were down slightly year-over-year and sequentially at 22.5% for the quarter. The company said it had already begun a production ramp for Model Y, its newest crossover SUV, at its Fremont, California car plant. The company also has plans to build the Model Y eventually at a factory it plans to build in Brandernburg, Germany in 2021.This photo of a production version of Tesla's Model Y was included in the company's Q4 2019 earnings report.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Like GM.

Lol...these fools keep asking those question since 2010...maybe its an oil company, value Tesla like Chevron

GM is a real company. Facebook is analogous to trading options.

for bitcoin updates give me a follow.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie