Saturday, February 4, 2023

Tesla Experienced Massive Revenues, Gross Profit And Operating Income Growth Deceleration From the Prior Year Quarters All Through the Annual Year 2022.

Tesla's Revenues  Increased By 37% in the December 2022 Quarter vs Increasing By 56% in the September 2022 Quarter and vs Increasing By 81% in the March 2022 Quarter.

Tesla's Gross Profit Increased By Only 19% in the December 2022 Quarter vs Increasing By 47% in the September 2022 Quarter and vs Increasing By a Huge 147% in the March 2022 Quarter.

Tesla's Operating Income Increased By 49% in the December 2022 Quarter, But That Was Because Tesla Slashed Selling, General & Admin Expenses, Which Declined By 31% in the December 2022 Quarter.  On the Other Hand, Tesla's Operating Income Increased By 84% in the September 2022 Quarter and Increased by a Massive 507% in the March 2022 Quarter.

Tesla December 2022 Earnings Release