teslaThe company of Elon Muskregistered quarterly profits again this Wednesday and in this way confirmed its growth prospects in the long term despite the uncertainty due to the increasingly fierce competition and macroeconomic difficulties.
The automaker reported youn net profit of US$ 12,556 million in 2022167.7% more than the profits they obtained in 2021. In the last quarter of last year, the company’s net profits amounted to US$ 3,687 million, 58.8% more than in the same period of 2021.
What to do if I have Tesla stock: do I sell it or keep it?
The results were driven due to a 31% increase in vehicle deliveries compared to the previous annual period.
The auto giant appeared to investors earlier in the month by announcing vehicle price cuts in United States and Europebut recognized challenges such as rising interest rates and an “uncertain macroeconomic environment.”
In that sense, tesla he said he speeded up his “cost reduction roadmap”, while they worked to increase production, according to the slogan AFP.
“In any scenario, we are prepared for uncertainty in the short term”, affirmed the company, adding that its relentless cost control and cost innovation “will allow it to surf 2023 much better than its competitors.
Video: a Tesla car was going to park, suddenly accelerated to 200 km / h and killed two people
About his long-term plan, Tesla described it as the search for production growth of 50% per year on averageso the presentation of results this Wednesday reaffirmed that long-term projection.
This Thursday and after the results report, Shares of the electric vehicle maker were up 10.75% in the early hours of the opening of the trading day in Financial world, in reaction to yesterday’s announcement.
SE/LR
You may also like
