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

Mattel (MAT): A look at the toymaker’s expectations for the year

Shares of Mattel, Inc. (NASDAQ: MAT) were up slightly on Thursday. The stock has gained 20% year-to-date and 19% over the past three months. There is a level of optimism

Earnings Preview: Paychex likely to report higher Q1 revenue and profit

Paychex Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is all set to publish operating results for the first three months of fiscal 2024. The company has

DRI Earnings: Key quarterly highlights from Darden Restaurants’ Q1 2024 financial results

Darden Restaurants, Inc. (NYSE: DRI) reported first quarter 2024 earnings results today. Total sales increased 11.6% to $2.73 billion compared to the same period last year. Blended same-restaurant sales were

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