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Tesla’s third-quarter net income rose 17.3% compared with a year ago on stronger electric vehicle sales, and an optimistic CEO Elon Musk predicted 20% to 30% sales growth next year. In its ...
After more than a year's worth of effort, Tesla's per-car profitability is finally climbing again. Data source: Tesla Inc. Chart by author. There's one detail worth mentioning about the image above.
Tesla reported third-quarter earnings Wednesday that topped analysts ... Revenue increased 8% in the quarter from $23.35 billion a year earlier. Net income rose to about $2.17 billion, or 62 cents ...
Tesla said it sold about 1.79 million cars in 2024, down slightly from a record 1.8 million sales in 2023 and its first year-over-year decrease since becoming a major player.
Tesla posted a $5.5 billion annual profit on $53.8 billion of sales in 2021, up from $721 million in profit and $31.5 billion in sales in 2020. ... The company topped its previous record in the ...
Tesla has since regained its spot and is now worth $1.36 trillion, a mere $200 billion or so behind Facebook parent Meta. The company has added over $550 billion in market cap since the election.
Tesla beat profit estimates for the third quarter, sending the stock up over 12% after hours. Elon Musk discussed FSD, Cybercab, and more on a call.
The following six graphs offer an illustration of Tesla's progress in key areas. JP Morgan analysts said they were not certain about the quality of the gross margin beat in the third quarter, though.