Tesla Posts Record Profits and Margins

Tesla Posts Record Profits and Margins

Tesla reported record Q1 2022 results. Adjusted net income stood at $3.7bn, over 3x YoY and 30% higher than the previous record of $2.9bn it posted in Q4 2021. Tesla also reported record automotive gross margins of 32.9% vs. 26.5% during the same period last year and...
Boeing and Tesla Report Earnings

Boeing and Tesla Report Earnings

Boeing reported its third consecutive annual loss, at ($4.3bn) for 2021 vs. ($11.3bn) in 2020. For the fourth quarter, net losses were at ($4.2bn) vs. ($8.4bn) during the year ago period. Revenues for the quarter were up 3% YoY to $14.8bn while annual revenues climbed...
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