Categories AlphaGraphs, Earnings, Industrials

Earnings: Tesla (TSLA) Q4 2021 results beat estimates amid record deliveries

Tesla Inc. (NASDAQ: TSLA) on Wednesday said its fourth-quarter earnings rose sharply and topped expectations. Driving the bottom-line growth, revenues rose 65% and came in above analysts’ forecast.

Tesla Q4 2021 earnings infographic

Revenues of the Austin-based electric car maker advanced 65% year-over-year to $17.7 billion during the three-month period, which is well above the estimates. The company produced a total of 305,840 vehicles and delivered a record 308,650 units, mainly comprising the Model-3 and Model-Y variants.

Earnings, excluding one-off items, climbed to $2.54 per share in the fourth quarter from $0.80 per share a year earlier. Experts were looking for slower growth. Unadjusted net income moved up to $2.32 billion or $2.05 per share from $270 million or $0.24 per share in the fourth quarter of 2020.


Read management/analysts’ comments on Tesla’s Q4 report


TSLA’s market value more than doubled in the past twelve months. The stock closed Wednesday’s regular trading higher but declined in the extended session soon after the announcement.

Prior Performance

  • Tesla Q3 2021 earnings infographic
  • Tesla Q2 2021 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Dropbox Q4 adj. earnings surge; revenue rises modestly

Dropbox, Inc. (NASDAQ: DBX) has reported a sharp increase in adjusted earnings for the fourth quarter of 2024. Revenues increased modestly. The tech firm, a leading cloud-based document management platform,

Autodesk set to report Q4 earnings on Feb. 27. Here’s what to expect

Autodesk, Inc. (NASDAQ: ADSK) has reported higher quarterly revenue and earnings so far in FY25, leveraging the ongoing digitalization across industries, and is expected to maintain that trend when it

ADI Q1 Call Highlights: China’s Growth, AI Opportunities & Bullish Outlook!

Analog Devices Inc, a global leader in the design and manufacturing of analog, mixed signal, and DSP integrated circuits, in its Q1 earnings call discussed strong performance in China's automotive

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close