Tesla (NASDAQ: TSLA) announced its 2023 Q2 financial results on July 19, 2023. According to the announcement, total revenues were up 47% (YoY, 3 months). Total gross profit was up 7% and income from operations was down 3% (YoY, 3 months). On the other hand, net income attributable to common shareholders (GAAP) was up 20%Continue reading “Operating Cash Flow was Up 30% on Year-over-Year Basis in Tesla’s 2023 Q2 Results”
Category Archives: TSLA
Reduction of ASP of Tesla’s EVs resulted in Decline in its Profit in 2023 Q1
Tesla (NASDAQ: TSLA) announced its 2023 Q1 financial results on April 19, 2023. According to the announcement, total revenues were up 24% (YoY, 3 months). On the other hand, income from operations and net income attributable to common shareholders (GAAP) were down 26% and 24%, respectively (YoY, 3 months). One of the main reasons forContinue reading “Reduction of ASP of Tesla’s EVs resulted in Decline in its Profit in 2023 Q1”
Tesla showed Strong Business Performance in 2022 Q4
Tesla (NASDAQ: TSLA) announced its 2022 Q4 financial results on January 25, 2023. According to the announcement, total revenues, income from operations and net income were up 37%, 49% and 59%, respectively (3 months, YoY). Adjusted EBITDA was up 32%. Also, in 12 months, total revenues, income from operations and net income each were upContinue reading “Tesla showed Strong Business Performance in 2022 Q4”
Tesla’s Operating Margin was Up 262 bp in 2022 Q3
Tesla (NASDAQ: TSLA) announced its 2022 Q3 financial results on October 19, 2022. According to the announcement, total revenues, income from operations and net income were up 56%, 84% and 103%, respectively (YoY, 3 months, GAAP). In addition, diluted EPS attributable to common shareholders was up 98% (YoY, 3 months, GAAP). Due to the higherContinue reading “Tesla’s Operating Margin was Up 262 bp in 2022 Q3”
Tesla is improving Full Self-Driving System
Tesla (NASDAQ: TSLA) announced its 2022 Q2 financial results on July 20, 2022. According to the announcement, total revenues, income from operations, and net income were up 42%, 88% and 98%, respectively (YoY, 3 months). In addition, adjusted EBITDA was up 52% (YoY 3 months). According to the announcement, total GAAP gross margin was 25%Continue reading “Tesla is improving Full Self-Driving System”
Tesla continues their Efforts for reducing Production and Delivery Costs
Tesla (NASDAQ: TSLA) announced its 2022 Q1 financial results on April 20, 2022. According to the announcement, total revenues were up 81%. In addition, operating income and net income were up 507% and 658%, respectively. Adjusted EBITDA was up 173%. Under the inflationary environment of 2022 Q1, industrial prices have drastically risen. However, Tesla hasContinue reading “Tesla continues their Efforts for reducing Production and Delivery Costs”
Tesla’s Efforts to reduce Costs contributed to its improved Business Performance
Tesla (NASDAQ: TSLA) announced 2021 Q4 financial results on January 26th, 2022. According to the announcement, total revenues, operating income and net income were up 65%, 354% and 760%, respectively (GAAP, 3 months, YoY). Automotive sales recorded 15,967 million USD (3 months), accounted for 87% of total revenues. It was up 71% on year-over-year basis. EPSContinue reading “Tesla’s Efforts to reduce Costs contributed to its improved Business Performance”
EPS was Up 433% in Tesla’s 2021 Q3 Financial Results
Tesla (NASDAQ: TSLA) announced its 2021 Q3 financial results on October 20, 2021. According to the announcement, total revenues were up 56.8% (3 months, YoY). Among them, total automotive revenue was up 58.4%. Income from operation and net income were up 147.7% and 388.8%, respectively. Adjusted EBITDA was up 77.3%. In addition, GAAP-based EPS wasContinue reading “EPS was Up 433% in Tesla’s 2021 Q3 Financial Results”
Tesla’s Net Income was Up 998% in 2021 Q2
Tesla (NASDAQ: TSLA) announced its 2021 Q2 financial results on July 26th. According to the announcement, total revenue, operating income and net income were up 98%, 301% and 998%, respectively (YoY, 3 months). Adjusted EBITDA was up 160% (YoY, 3 months). In addition, EV production was up 151%. Moreover, EV delivery was up 121% (YoY,Continue reading “Tesla’s Net Income was Up 998% in 2021 Q2”
Tesla’s Net Income was Up 2,638% in 2021 Q1
Tesla (NASDAQ: TSLA) announced 2021 Q1 earning results on April 26th, 2021. According to the announcement, total revenues, operating income and adjusted EBITDA were up 74%, 110% and 94%, respectively (YoY). In addition, GAAP based net income was up 2,638% (YoY), surprisingly. EV production and delivery were up 76% and 109% (YoY), and up 0.3%Continue reading “Tesla’s Net Income was Up 2,638% in 2021 Q1”