• Tesla Reports Record Revenue for 2022, 1.31 Million EVs Sold - CNET

    12 days ago - By CNET

    Tesla sold more cars and made more money than ever in 2022, despite a reduction in its average transaction price. The automaker now turns its attention to software to drive profit.
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  • Tesla Cybertruck mass production won't start until 2024

    Tesla Cybertruck mass production won't start until 2024

    12 days ago - By The Verge

    Photo by Sean O'Kane / The Verge
    Tesla's long-anticipated Cybertruck won't be seeing full volume production until 2024, Elon Musk said during the company's fourth quarter earnings call today.
    During the call, Musk was asked whether the forthcoming vehicle would meet a mid-2023 production target that was set in Q2 last year. Musk cagily confirmed that Cybertruck manufacturing would start “sometime this summer,” but concluded that mass production of the polarizing pickup won't start until next year. “I always try to downplay the start of production,” Musk said. “It increases exponentially...
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  • Smartphone Shipments Saw Biggest-Ever Drop at the End of 2022 - CNET

    12 days ago - By CNET

    Shipments declined almost 20% in the fourth quarter last year.
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  • Tesla Reveals Record Fourth Quarter 2022 Revenue Despite Elon Musk Drama

    Tesla Reveals Record Fourth Quarter 2022 Revenue Despite Elon Musk Drama

    12 days ago - By SlashGear

    Despite falling stock prices, Tesla announced record earnings for Q4 2022, raking in over $3 billion in net income at the end of 2022. We have all the details.
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  • Tesla's Profit Jumped 12% in Fourth Quarter

    12 days ago - By NY Times

    The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.
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  • Tesla says its 4Q profit up 59%, expects strong margins

    12 days ago - By Phys.org

    Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.
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  • Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates

    12 days ago - By TechCrunch

    Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase from the same quarter last year and a 13% bump quarter-over-quarter. Analysts had expected the company to earn around $24.2 billion, according to Yahoo Finance data .
    The electric vehicle maker had $1.4 billion in free cash flow at the end of Q4, which is down from the $3.3 billion the company had in the bank at the end of the third quarter.
    Investors today will be watching out for gross margins after Tesla slashed prices and offered multiple...
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