EV giant reports Q4 revenue and profit beat; Cybertruck to begin production later this year

EV giant reports Q4 revenue and profit beat; Cybertruck to begin production later this year

Tesla stock is trading slightly higher in after hours following the EV maker reporting a Q4 earnings revenue and profit beat. In addition, the most significant news for Tesla’s 2023 roadmap is the upcoming Cybertruck is on track for production later this year.

For the quarter, Tesla (TSLA) reported:

That revenue represents another record high for Tesla, up over $2 billion sequentially from Q3 and nearly $7 billion from a year ago.

On the profitability end, Tesla is reporting adjusted net income…


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