Tesla (TSLA) CEO Elon Musk and the company’s top executives conducted the year 2023 and Q4 2023 earnings call last week (listen below). The auto manufacturing and energy company also released its year 2023 and Q4 financial results on its investor relations website just before the earnings call commenced. 2023 … [continued]
Update: Tesla has released its Q3 sales (deliveries) and production numbers. They are as follows: This is the statement Tesla included with the production and sales update: “In the third quarter, we produced over 430,000 vehicles and delivered over 435,000 vehicles. A sequential decline in volumes was caused by planned … [continued]
Tesla continued to rake in the cash in the second quarter of 2023, on the back of record global deliveries. The company brought in nearly $25 billion in revenue in the second quarter (Q2), which was 47% more than in Q2 2022. But let’s look a little more closely at … [continued]
Every quarter, Tesla releases delivery numbers. There was great anticipation for the Q1 2023 numbers after Tesla launched massive price cuts. The numbers show growth quarter over quarter and year over year. Digging deeper, there is some disturbing news. CNBC, in the article “Tesla reports 422,875 deliveries for first quarter … [continued]
The first three months of the year were eventful for Tesla, to say the least, with sweeping price drops and the announcement of a new gigafactory in Mexico. Through all of it, Tesla has continued to increase its sales and production, clinching two significant quarterly records in Q1. Tesla shared … [continued]
There are a number of optimistic indications that Tesla will experience continued growth through 2023 as well.
Tesla has just published its 3rd quarter production and delivery totals. The company produced a record 365, 923 vehicles and delivered a record 343,830 vehicles to customers. Tesla added a special note this quarter to explain some delivery delays. “Historically, our delivery volumes have skewed towards the end of each … [continued]
Tesla’s overall deliveries in Q2 were plagued by the COVID-19 lockdowns, which caused a 22-day production pause at its Shanghai Gigafactory. In spite of this fact, Tesla’s establishment of new Gigafactories in Berlin and Texas are already showing their upsides, beginning with impressive production in the last month of the quarter. … [continued]
Tesla reported second quarter vehicle production and delivery numbers on Saturday. The trend of quarter-over-quarter growth finally got broken and year-over-year growth was minimal due to certain supply chain and factory uptime challenges. However, one big positive from the quarter was production in the month of June. Tesla reports that … [continued]
Tesla’s Q2 production and delivery results are strong. The pundits were in a fury to predict the all-electric car company’s capacity to meet projections. Last week, Reuters outlined why he thought Tesla was expected to end its nearly 2-year-long run of record quarterly deliveries. Reuters was correct about Tesla not … [continued]
