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Tesla (TSLA earnings Q4 2022


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Hong Kong, China, 13 Sept 2022. A red Tesla Car passes in front of an Tesla dealership in Wanchai. (Photo By Marc Fernandes/NurPhoto via Getty Images)

Nurphoto | Nurphoto | Getty Images

Electric Vehicle maker Tesla Plans to release fourth-quarter results following market close Wednesday.

Here’s What analysts expected to see as of Wednesday Morning, according to Refinitiv:

  • Earnings (adjusted): $1.13 per share
  • Revenue: $24.16 billion

In The quarter ended in the previous year Tesla Revenue reported at $17.72 Billion, adjusted earnings of $2.52 a share

Earlier This month Tesla reported Vehicle delivery and production The fourth quarter of 2022 saw new records for the company. However, they fell short of analyst expectations and the company’s goals despite having cut its prices on cars. December To encourage customers to order before the year ends.

Tesla Reports on 405,278 vehicle deliveries as well as production of 439.701 vehicles during the period ended December 31, 2022. Full Year deliveries were around 1.31million, a record. TeslaAfter production began at the new factories, in Austin, TexasAnd Brandenburg, Germany.

Last year, Musk The factories were similar to “money-burning furnaces“An interview with an owner’s club was posted to YouTube in June.

So It will be far more than 2023. Tesla Customers in the US were upset that the company continued to lower the prices of its cars throughout the world. China Who recently purchased new? Teslas Higher prices and an immediate decline in use Tesla The prices are the same in the US.

Tesla Ask questions before earnings calls via a website So called Both retail and institutional investors.

Among Investors on this site also want to know the impact of recent price reductions Tesla’s automotive gross margins: How much the company plans to increase sales of its cars in 2023 and when. Tesla It plans to begin mass production of the long-delayed, sci fi inspired pickup truck and deliver it to customers Cybertruck.

Throughout In the fourth quarter 2022, shareholders sought answers from Tesla Elon Musk About his intentions at the automaker and the price Tesla shares declined. Tesla’s Over the past six-months, shares have dropped by more than 40% 

Musk He currently splits his attention, time and resources between the following: TeslaSpaceX, the defense contractor for which he is CEO. TwitterThe social media business that he just acquired was titled.

The A celebrity CEO sold billions in his own money Tesla Holdings in the last year include The fourth quarter was worth $3.6 billionPartly to finance the Twitter The deal was closed in late October 2022. He He was immediately appointed “Chief Twit,” The CEO and the founder.

Since Take over TwitterHe made several changes to the service and business, including allowing people who were temporarily suspended from it to go back online.

Musk’s At TwitterThe sharp decline in, as well as his social media posts about politics, has been correlated with Musk’s Tesla’s According to YouGov research shared with CNBC, reputation is a big issue, particularly among liberal- or very liberal-leaning Americans.

This This is breaking news. Please Keep checking back for more updates.

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