Tesla (TSLA) earnings Q4 2020


Tesla reported earnings after the bell and it’s a miss on earnings, but another profitable quarter for Elon Musk’s electric vehicle and solar business.

Shares were down about 3% after hours.

Here are the results, versus what analysts were expecting according to estimates compiled by Refinitiv:

  • Earnings: 80 cents adj. vs $1.03 per share expected
  • Revenue: $10.74 billion vs $10.4 billion expected

The company also gave some production guidance going forward, writing “Over a multi-year horizon, we expect to achieve 50% average annual growth in vehicle deliveries.” Tesla expects faster delivery growth than that for 2021, with two new factories expected to come online this year and updated…


GameStop speculation is danger to whole market: Massachusetts regulator

Previous article

Stock futures dip after a steep sell-off on Wall Street, Apple and Tesla fall after earnings

Next article

You may also like

Leave a Reply

Notify of

More in Autos