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




Apple Experienced Huge Deceleration of Both Revenues and Operating Income Growth in Its December 2022 Quarter From Its December 2021 Quarter. Revenues Were Down By 5% in the December 2022 Quarter After Increasing By 8% in the September 2022 Quarter. And Operating Income Declined By 13% in the December 2022 Quarter After Increasing By 5% in the September 2022 Quarter.

And even though it has Total Annual Product Revenues of $316 Bil, Apple refused to disclose Its higher Sales Pricing/Mix % Component of its Total Product Revenues % change.

Apple December 2022 Quarter 10-Q