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Tesla's stock price has skyrocketed again. Did you expect it?
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Tesla's earnings report showed that the first-quarter sales and revenues exceeded market expectations. Tesla's first-quarter revenue was $ 18.756 billion, an increase of 81% year-on-year. In addition, Tesla's net income attributable to common shareholders increased 658% year on year to $ 3,318 million. Despite the supply chain impact, Tesla's CEO Elon Musk still says that Tesla will be able to produce 1.5 million cars in 2022.
Tesla's share price peaked at 1090.5 today.
Tesla's share price peaked at 1090.5 today.
Tesla's earnings report showed that the first-quarter sales and revenues exceeded market expectations. Tesla's first-quarter revenue was $ 18.756 billion, an increase of 81% year-on-year. In addition, Tesla's net income attributable to common shareholders increased 658% year on year to $ 3,318 million. Despite the supply chain impact, Tesla's CEO Elon Musk still says that Tesla will be able to produce 1.5 million cars in 2022.
Tesla's share price peaked at 1090.5 today.
Tesla's share price peaked at 1090.5 today.
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Lucid Q1 2022 Earnings Highlights
Strong consumer demand and $5.4 billion of cash on hand
KEY Figures:
● Revenue of $57.7M driven by customer deliveries of 360 vehicles in Q1 2022
● Net loss was $81.3 million and decreased 92.3% Q/Q
● Cash and Cash Equivalents was $5.39B and decreased 13.9% Q/Q
● R&D expense was $186.1 million in line with the consensus estimate.
More statistics:
KEY Points:
● Strong consumer demand for Lucid Air with reservations exceeding 30,000 as of May 2022, reflecting pote...
KEY Figures:
● Revenue of $57.7M driven by customer deliveries of 360 vehicles in Q1 2022
● Net loss was $81.3 million and decreased 92.3% Q/Q
● Cash and Cash Equivalents was $5.39B and decreased 13.9% Q/Q
● R&D expense was $186.1 million in line with the consensus estimate.
More statistics:
KEY Points:
● Strong consumer demand for Lucid Air with reservations exceeding 30,000 as of May 2022, reflecting pote...
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Tesla achieved a delivery record in Q1 2022, once again beat expectations.
All you need to know about this earnings season
Touch the wealth collection NOW! >>
Key Takeaways:
Attitude: The Q1 of 2022 was another record quarter for Tesla by several measures such as revenues, vehicle deliveries, operating profit and operating margin. The management is excited to see people passionate about mass manufacturing and a sustainable future.
Guidance: Tesla remains confident of a 50% growth in vehicle pr...
Touch the wealth collection NOW! >>
Key Takeaways:
Attitude: The Q1 of 2022 was another record quarter for Tesla by several measures such as revenues, vehicle deliveries, operating profit and operating margin. The management is excited to see people passionate about mass manufacturing and a sustainable future.
Guidance: Tesla remains confident of a 50% growth in vehicle pr...
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