It reported revenue of $12 billion, up from $6 billion. Tesla sold more than 200,000 electric cars in the quarter, up from about 91,000 a year earlier, when the coronavirus pandemic slowed sales and production for all automakers. Tesla sold 185,000 cars in the first quarter of 2021.Oct 8, 2021
Does Tesla make a profit 2021?
Tesla's earning report last week showed record growth in profitability and vehicle production and output, despite the volatility of 2021. On top of that, Tesla managed to nearly double profits from its automotive business, from approximately $7 billion to nearly $14 billion in 2021.15 hours ago
Is Tesla operating at a profit?
The company, led by billionaire entrepreneur Elon Musk, posted a net profit of $1.6bn and sold 241,391 cars. "We achieved our best-ever net income, operating profit and gross profit," Tesla said.
Is Tesla stock expected to rise?
Stock Price Forecast The 37 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,049.00, with a high estimate of 1,580.00 and a low estimate of 67.00. The median estimate represents a +12.68% increase from the last price of 930.95.
What is the price prediction for Tesla?
The 37 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,049.00, with a high estimate of 1,580.00 and a low estimate of 67.00. The median estimate represents a +12.68% increase from the last price of 930.95.
What is Tesla's expected growth rate?
Revenue Estimate Current Qtr. (Mar 2022) Next Year (2023)
----------------------- ----------------------- ----------------
Low Estimate 13.85B 62.29B
High Estimate 19.75B 126.7B
Year Ago Sales 10.39B 80.57B
Sales Growth (year/est) 67.80% 26.00%
What will Tesla be worth in 2030?
His conclusion: To justify its current market cap, Tesla's revenues would need to mushroom from $47 billion over the past four quarters, to $783 billion in 2030.
Is Tesla profitable right now?
The company made $5.5bn last year compared with the previous record of $3.47bn in net income posted in 2020. It was the electric vehicle and solar panel maker's third straight profitable year.7 days ago