2023-01-25 21:28:17

Tesla Q4 Earnings Highlights: Revenue And EPS Beat, Cybertruck And Crypto Holdings Updates And More

Logo Benzinga
By Chris Katje

Electric vehicle leader Tesla Inc TSLA reported fourth-quarter earnings after themarket close Wednesday. Here are the key highlights.

What Happened: Tesla reported fourth-quarter revenue of $24.32 billion, which was up 37% year-over-year. The revenue total beat a Street estimate of $24.03 billion, according to data from Benzinga Pro.

Tesla reported fourth-quarter adjusted earnings per share of $1.19, which beat a Street estimate of $1.13.

The company said the fourth quarter marked the highest revenue, operating income and net income in company history.

Automotive revenue was $21.3 billion, up 33% year-over-year.

The company reported solar deployment of 100 MW in the fourth quarter, up 18% year-over-year. Energy storage totaled 2,462 MWh in the fourth quarter, up 152% year-over-year.

Vehicle productiontotaled439,701 units in the fourth quarter and deliveries amounted to 405,278 electric vehicles. These figures were up 44% and 31% year-over-year, respectively.

Continue read on benzinga.com

Logo PR Newswire
NEW YORK, March 31, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Tesla, Inc. (NASDAQ:...

Logo Nasdaq
Business / Finance2023-03-31 18:00:01
The following companies are expected to report earnings after hours on 03/31/2023. Visit our Earnings Calendar for a full list of expected earnings releases....

Logo Benzinga
Business / FinanceBy Business Wire2023-03-31 13:15:00
Tivic Health Systems, Inc. (("Tivic Health", NASDAQ: TIVC ), a commercial-phase health technology company that develops and commercializes bioelectronic...

TechnologyBy Lora Kolodny2023-03-30 10:00:01
Key Points Tesla has only installed 3,000 of its Solar Roof systems in the U.S., according to research by Wood Mackenzie. In 2019, Tesla said it was aiming...

Logo Nasdaq
TechnologyBy Zacks2023-03-31 15:30:32
It has been about a month since the last earnings report for Intra-Cellular Therapies (ITCI). Shares have added about 20.5% in that time frame, outperforming...

Logo Benzinga
Business / FinanceBy Chris Katje2023-03-28 20:45:23
Athletic apparel company Lululemon Athletica Inc LULU reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights....

Logo Daily Mail
Business / FinanceBy Daily2023-03-31 20:50:42
Investors will be looking for reassurance from Saga next week as it announces full-year results and seeks to dump its flailing underwriting business. In the...

Logo GlobeNewswire
SciencePress Release2023-03-31 11:30:00
DURHAM, N.C., March 31, 2023 (GLOBE NEWSWIRE) -- Bioventus Inc. (Nasdaq: BVS) ("Bioventus" or "the Company"), a global leader in innovations for active...

Logo Benzinga
Business / FinanceBy Pr Newswire2023-03-31 12:30:00
-- Servotronics highlights sales growth and improved operating results for the full year -- ELMA, N.Y., March 31, 2023 /PRNewswire/ -- Servotronics, Inc....

Logo PR Newswire
HealthPress Release2023-03-31 10:59:00
BURLINGTON, N.C., March 31, 2023 /PRNewswire/ -- Labcorp (NYSE: LH), a leading global life sciences company, will release its financial results for the first...

Logo U.S. News & World Report
PoliticsBy Associated Press2023-03-31 20:26:24
NEW ORLEANS (AP) A 2018 Twitter post by Tesla CEO Elon Musk unlawfully threatened Tesla employees with the loss of stock options if they decided to be...

Logo PR Newswire
-- Servotronics highlights sales growth and improved operating results for the full year -- ELMA, N.Y., March 31, 2023 /PRNewswire/ -- Servotronics, Inc....

Logo Nasdaq
TechnologyBy Zacks2023-03-28 06:46:00
For the quarter ended January 2023, PVH (PVH) reported revenue of $2.49 billion, up 2.4% over the same period last year. EPS came in at $2.38, compared to...

Logo PR Newswire
TEL-AVIV, Israel, March 31, 2023 /PRNewswire/ -- Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) ("Ellomay" or the "Company"), a renewable energy and...

Logo PR Newswire
TechnologyPress Release2023-03-30 21:05:00
Beats quarterly non-GAAP EPS expectations and sets new record for QNX royalty backlog Fourth Quarter Fiscal 2023: Total company revenue of $151 million. IoT...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-03-31 14:48:22
Biora Therapeutics BIOR brought in sales totaling $14 thousand during Q4 according to data provided by Benzinga Pro. However, earnings decreased 168.32%,...

Logo Nasdaq
Business / FinanceBy The Motley Fool2023-04-01 18:47:00
I have carefully evaluated the dividend stocks in my coverage universe to select the 10 best dividend stocks to buy in April 2023. This video is the result...

TechnologyBy Lora Kolodny2023-03-31 16:55:35
Key Points Tesla has issued a voluntary recall on the Semi, a first since the company began deliveries of the heavy-duty electric trucks to customers in...

Logo PR Newswire
FY 2022 Total Net Revenue of $20 Million, up 11% — Q4 2022, down 19% FY 2022 E-commerce Net Revenue up 15% — Q4 2022, down 24% E-commerce Penetration 60% FY...

Logo Benzinga
Business / FinanceBy Business Wire2023-03-31 21:52:00
Conference Call Scheduled for April 3, 2023, at 9:00 a.m. Eastern Time bioAffinity Technologies, Inc. BIAF BIAFW))), a biotechnology company addressing the...