Tesla's risky This autumn couldn't dampen its report setting 12 months

Tesla's risky This autumn couldn't dampen its report setting 12 months


Between its ongoing provide chain constraints, brutal rounds of layoffs and a plummeting inventory worth, the previous 12 months has been a glass case of emotion for Tesla and its embattled CEO, Elon Musk. Still, the corporate managed to supply almost 440,000 autos and delivered over 405,000 of them — 12 months over 12 months will increase of 47 and 40 %, respectively — Tesla introduced on Wednesday throughout the This autumn 2022 earnings name. Those are each information for Tesla, as was the full-year deliveries of 1.31 million. Profits for the 12 months totaled $12.6 billion.

“Despite the truth that 2022 was an extremely difficult 12 months as a result of compelled shutdowns, very excessive rates of interest, and plenty of supply challenges,” Tesla CEO, Elon Musk, mentioned throughout the name. “It’s value noting that each one these information had been within the face of large difficulties. a credit score to the group for attaining that.”

The closing quarter of 2022 was particularly risky for the electrical automaker following the finalization of Musk’s Twitter acquisition in…

2023-01-25 17:44:03
Source from www.engadget.com

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