Tesla beats revenue estimates on record deliveries

Reuters2022-01-27

Jan 26 (Reuters) - Tesla Inc zipped past Wall Street estimates for quarterly revenue on Wednesday as the world's most valuable automaker handed over a record number of vehicles to customers despite supply chain headwinds.

Revenue rose to $17.72 billion in the fourth quarter, from $10.74 billion a year earlier. Analysts had expected the electric-vehicle maker to report revenue of $16.57 billion, according to IBES data from Refinitiv.

(Reporting by Nivedita Balu and Akash Sriram in Bengaluru; Editing by Sriraj Kalluvila)

((Akash.Sriram@thomsonreuters.com; ))

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Comments

  • Dazz
    2022-01-27
    Dazz
    Fantastic news!
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