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Tesla Reports Record Revenue for 2022, 1.31 Million EVs Sold - CNET
1 day ago - By CNET
Tesla sold more cars and made more money than ever in 2022, despite a reduction in its average transaction price. The automaker now turns its attention to software to drive profit.
Read more ...Tesla Cybertruck mass production won't start until 2024
1 day ago - By The Verge
Photo by Sean O'Kane / The Verge
Tesla's long-anticipated Cybertruck won't be seeing full volume production until 2024, Elon Musk said during the company's fourth quarter earnings call today.
During the call, Musk was asked whether the forthcoming vehicle would meet a mid-2023 production target that was set in Q2 last year. Musk cagily confirmed that Cybertruck manufacturing would start “sometime this summer,” but concluded that mass production of the polarizing pickup won't start until next year. “I always try to downplay the start of production,” Musk said. “It increases exponentially...
Read more ...Smartphone Shipments Saw Biggest-Ever Drop at the End of 2022 - CNET
1 day ago - By CNET
Shipments declined almost 20% in the fourth quarter last year.
Read more ...Tesla Reveals Record Fourth Quarter 2022 Revenue Despite Elon Musk Drama
1 day ago - By SlashGear
Despite falling stock prices, Tesla announced record earnings for Q4 2022, raking in over $3 billion in net income at the end of 2022. We have all the details.
Read more ...Tesla's Profit Jumped 12% in Fourth Quarter
1 day ago - By NY Times
The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.
Read more ...Tesla says its 4Q profit up 59%, expects strong margins
1 day ago - By Phys.org
Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.
Read more ...Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates
1 day ago - By TechCrunch
Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase from the same quarter last year and a 13% bump quarter-over-quarter. Analysts had expected the company to earn around $24.2 billion, according to Yahoo Finance data .
The electric vehicle maker had $1.4 billion in free cash flow at the end of Q4, which is down from the $3.3 billion the company had in the bank at the end of the third quarter.
Investors today will be watching out for gross margins after Tesla slashed prices and offered multiple...
Read more ...
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World Surf League adopts Apple Watch as its ‘official wearable' for competitions
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MoviePass 2.0 is opening up the invite waitlist again before its public...
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Atomos tows a $16M load of funding to create tugboats in space
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