Categories AlphaGraphs, Earnings, Industrials
Tesla reports higher Q2 profit and sales amid strong deliveries
EV giant Tesla Inc. (NASDAQ: TSLA) on Wednesday said its second-quarter 2023 earnings increased from last year, aided by strong revenue growth.
Revenues of the Austin-based company advanced 47% year-over-year to $24.9 billion in the second quarter. The company produced a total of 479,700 vehicles during the three-month period and delivered 466,140 units, mainly comprising the Model-3 and Model-Y variants.
Earnings, excluding one-off items, rose to $0.91 per share in the second quarter from $0.76 per share a year earlier. Unadjusted net income came in at $2.70 billion or $0.78 per share, compared to $2.26 billion or $0.65 per share in the corresponding period of 2022.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Trxade Health Inc. (NASDAQ: MEDS) Q1 2024 Research Summary
Trxade Health, Inc. (NASDAQ: MEDS) is a drug procurement and delivery platform that digitalizes the retail pharmacy experience. The company has a growing network of suppliers and partnerships with independent
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
What to look for when Take-Two Interactive Software (TTWO) reports Q4 2024 earnings results
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Thursday. The stock has dropped 14% over the past three months. The gaming company is scheduled to report its
