Tesla Expected To Post 16.44B Sales For Q1

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Tesla Expected To Post 16.44B Sales For Q1
Posted On: March 21, 2022

Equities research analysts expect Tesla to report sales of $16.44 billion for the current fiscal quarter. In the same quarter last year, Tesla reported sales of $10.39 billion, indicating a year-over-year growth rate of 58.2%.


As per Zacks, an investment research company, analysts expect Tesla to report full-year sales of $81.48 billion for the current year, with estimates ranging from $64.37 billion to $93.30 billion. Zacks’ sales averages are mean averages based on a survey of sell-side Tesla analysts. For the following fiscal year, analysts expect Tesla to report sales of $107.43 billion with estimates ranging from $81.28 billion to $134.93 billion.


As March comes to a close, Tesla is preparing for a few notable milestones right at the end of Q1 2022. The Austin-based E.V. manufacturer is expected to release its next earnings report on Monday, April 25.


Tesla Giga Shanghai isn’t slowing down either. Tesla China posted wholesale figures of 59845 vehicles for January and 56515 cars for February 22. Tesla China has increased its income by over 100% for two consecutive years since starting operations in 2019. Tesla is also in the midst of expanding the Fremont Factory in California.


Source: Re-posted and Summarized from Maria Merano at teslarati.


My Take: Tesla's hard work and planning is paying off.


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Tesla Expected To Post 16.44B Sales For Q1
Posted On: March 21, 2022

Equities research analysts expect Tesla to report sales of $16.44 billion for the current fiscal quarter. In the same quarter last year, Tesla reported sales of $10.39 billion, indicating a year-over-year growth rate of 58.2%.


As per Zacks, an investment research company, analysts expect Tesla to report full-year sales of $81.48 billion for the current year, with estimates ranging from $64.37 billion to $93.30 billion. Zacks’ sales averages are mean averages based on a survey of sell-side Tesla analysts. For the following fiscal year, analysts expect Tesla to report sales of $107.43 billion with estimates ranging from $81.28 billion to $134.93 billion.


As March comes to a close, Tesla is preparing for a few notable milestones right at the end of Q1 2022. The Austin-based E.V. manufacturer is expected to release its next earnings report on Monday, April 25.


Tesla Giga Shanghai isn’t slowing down either. Tesla China posted wholesale figures of 59845 vehicles for January and 56515 cars for February 22. Tesla China has increased its income by over 100% for two consecutive years since starting operations in 2019. Tesla is also in the midst of expanding the Fremont Factory in California.


Source: Re-posted and Summarized from Maria Merano at teslarati.


My Take: Tesla's hard work and planning is paying off.


Re Posted From: Tesla Expected To Post 16.44B Sales For Q1

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