• Tesla says its 4Q profit up 59%, expects strong margins

    13 days ago - By Chron

    DETROIT - 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.
    The Austin, Texas, maker of electric vehicles and solar panels said it made $3.69 billion from October through December, or an adjusted $1.19 per share. That beat estimates of $1.13 that had been reduced by analysts, according to FactSet. The company's profit was 59% more than the same period a year ago.
    Revenue for the quarter was $24.32 billion, which fell short of the $24.67...
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  • Tesla's Profit Jumped 12% in Fourth Quarter

    13 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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