Tesla Posts Record Earnings at Start of Turbulent Year

  • 📰 WSJ
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Tesla posted a record quarterly profit of $438 million despite supply disruptions and mounting concerns about the safety of its battery-powered vehicles

, has said it expects that figure to rise more than 50% this year.

Tesla on Monday said first-quarter sales jumped around 74% from the same period a year earlier to $10.4 billion, generating a $438 million in net profit. Wall Street on average expected the company to report sales of about $10.5 billion and net income of around $509 million for the January through March period, according to analysts surveyed by FactSet.

The company’s strong financial start to the year comes as it faces challenges on other fronts. Federal auto-safety officials

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Im betting all my Money and My Sons Money on Tesla

If you add in the Cyber Truck's pre orders I'd believe these numbers. On the other hand, those OverPricedHoverBoards have declined in sells among others in its market. BadNews Reports with logic. Compare👇 elonmusk

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla Is Expected to Post Record Earnings at Start of Turbulent YearTesla is expected to post a record quarterly profit after the bell, fueled by rising deliveries despite supply disruptions and mounting concerns about the safety of its battery-powered vehicles. Tesla cars are safer than many cars on the market, and Tesla cars are not made to play, they are cars and they are made to drive, internal combustion cars may be for play but tesla cars are not for play they are pieces of art they are not for play
Source: WSJ - 🏆 98. / 63 Read more »

S&P 500, Nasdaq Post New Highs As Amazon And Tesla Rise On ‘Monster’ Earnings ExpectationsS&P 500, Nasdaq post new highs as Amazon and Tesla rise on 'monster' earnings expectations
Source: Forbes - 🏆 394. / 53 Read more »

What to watch today: Stock futures mixed as Tesla kicks off tech earningsU.S. stock futures were mixed ahead of an onslaught of tech earnings this week, starting with Tesla after Monday's closing bell. These are the banks/payment gateways/currency exch/other financial service providers who are already using XRP. XLM even more. xrpripple ripple $xrp XRPCommunity SEC cryptocurrency Crypto btc Bitcoin Ethereum trx xmr Zilliqa xlm Stellar $TSLA is the biggest BUBBLE in history! Tesla has a trailing-twelve-months P/E of 98.54X compared to the Automotive - Domestic industry's P/E of 28.7x
Source: CNBC - 🏆 12. / 72 Read more »

Tesla Rises On ‘Monster’ Expectations As Stocks Gear Up For Big Earnings WeekRoughly 40% companies in the S&P 500 are set to report quarterly results this week. Hi TravelGov do you have any idea about Mr. Biden's plan POTUS for legal immigrants, especially Diversity lottery programe? We're thousands of DV2021 and no doubt you are too late to cover all of us, we losses our chances because of you SecBlinken CassSunstein AILANational
Source: Forbes - 🏆 394. / 53 Read more »