Tesla umsatz5/21/2023 ![]() The distraction of Musk’s takeover of social network Twitter is also thought to have contributed to the decline in the carmaker’s value. The fall in value has meant that Elon Musk, its chief executive and major shareholder, is no longer the world’s richest person and has broken the world record for the largest loss of personal fortune in history, according to a Guinness World Records report. Tesla’s market value has fallen by more than two-thirds from more than $1.2tn in November 2021 to less than $400bn. ![]() ![]() The concerns have contributed to the plunge in Tesla’s stock market valuation since the height of investor enthusiasm in 2021. Tesla faces competition from new electric-only rivals such as Lucid, Fisker and Polestar as well as electric cars from long-established brands such as Volkswagen, General Motors and Hyundai.Īfter a period when the supply of new cars outstripped demand because of coronavirus pandemic-related supply chain disruption, carmakers’ attentions are turning to the possibility of falling demand. Closing out the quarterly view, Tesla’s automotive incomes were just over 90% of its total top line.Carmakers around the world are ramping up production of electric vehicles to comply with bans on internal combustion engines that will start to come into force in the UK and Europe at the end of the decade. Other numbers of note include that Tesla’s free cash flow was $2.78 billion in the quarter, another record in the periods of data shared, and the company’s total cash and equivalents crested the $17 billion mark. Instead, it ticked up to what is at least a five-quarter high at 30.6%, up from 24.1% in the year-ago period. In the fourth quarter of 2021, Tesla reported its second-smallest regulatory credit haul in the last five quarters.Įven better for the car company, Tesla’s automotive gross margin did not fall as its revenues from the category grew. The company’s nearly $16.0 billion in total car revenue bested both the preceding quarter’s tally of $12.06 billion and its year-ago comp of $9.31 billion.įor those of you versed in Tesla results, you’ll be curious what portion of the quarter’s revenues came from regulatory credits, which critics of the company have cited here and there as indication that its numbers were slightly puffed-up. Inside the quarterįourth-quarter automotive results at Tesla appear strong. Shares of the company are mixed in after-hours trading, initially falling a few points but rising by the time this story was written. In basic terms, Tesla outperformed on revenue and profit estimates. On an adjusted basis, the company earned $2.54 per share.Īnalysts had expected the company to report $16.35 billion in total revenue and $2.26 in adjusted per-share profit in the fourth quarter of 2021. From that total, Tesla’s Q4 saw net income of $2.32 billion and earnings per share of $2.05. In the final three months of 2021, Tesla generated $17.72 billion in revenue, $16.0 billion of which came from its vehicle business. electric vehicle company Tesla reported its fourth-quarter and calendar-year 2021 results this afternoon.
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