Tesla (TSLA) Reports Strong Q4 Beat, Achieves Record Vehicle Deliveries in 2021
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Tesla (TSLA) Hits Low, Down 7.3%
January 27, 2022 10:31 AM ESTTesla (NASDAQ: TSLA) Hits Low, Down 7.3%
'An EV Cash Machine': Tesla (TSLA) Beats on Revenue and Profit But Supply Chain Warning Sends Shares Lower, Analysts Positive and Raise Numbers
January 27, 2022 5:44 AM ESTShares of Tesla (NASDAQ: TSLA) are down 1% in pre-market after a wild ride in the after-market trading, in response to Q4 results.
Tesla reported adjusted earnings per share of $2.52 in the fourth quarter, beating the analysts expectations of $2.36 per share, according to Refinitiv. The carmaker generated $17.72 billion in revenue during the period, compared to the $16.57 consensus, marking revenue growth of 65% year-over-year.
Auto gross margin was 30.6% to top the analyst consensus of 29.9%. Net income stood at $2.32 billion, up roughly 760%, while gross margin was 27.4%, more than 26.6% from the previous quarter. Automotive revenue was up 71% at... More
Tesla (TSLA) PT Raised to $1,300 at CFRA
January 26, 2022 5:00 PM ESTCFRA analyst Garrett Nelson raised the price target on Tesla (NASDAQ: TSLA) to $1,300.00 (from $1,250.00) while maintaining a Buy rating.
The analyst said '24 P/E of 90x, justified by TSLA's long-term earnings potential.
They raise EPS estimates by $1.35 to $10.40 for '22, by $1.20 to $12.45 for '23, and by $1.35 to $14.45 '24.
... MoreTesla forecasts 2022 growth above 50%, despite supply chain challenges
January 26, 2022 4:10 PM ESTBy Hyunjoo Jin and Nivedita Balu
SAN FRANCISCO (Reuters) - Tesla Inc on Wednesday forecast vehicle deliveries would comfortably grow by more than 50% year-over-year in 2022 despite persistent supply chain issues that it expects to be alleviated only next year.
The upbeat outlook from CEO Elon Musk came after the world's most valuable automaker posted record quarterly revenue that beat Wall Street expectations.
But the cautious note about supply chain woes showed that even Tesla cannot avoid the shortages that were pitfalls for many larger automakers last year. Shares fell 0.8% after hours.
Tesla, which... More
Tesla (TSLA) Tops Q4 EPS by 28c
January 26, 2022 4:05 PM ESTTesla (NASDAQ: TSLA) reported Q4 EPS of $2.54, $0.28 better than the analyst estimate of $2.26. Revenue for the quarter came in at $17.72 billion versus the consensus estimate of $16.35 billion.
For earnings history and earnings-related data on Tesla (TSLA) click here.
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