Tesla, one of the most important names in the electric car world, announced the financial results for the third quarter of 2023. Considering the investments made by the company, the results were quite surprising. Here are Tesla’s results for the third quarter of 2023!
Tesla’s profit decreased by 44 percent compared to the same period last year!
One of the first names that come to mind when it comes to electric cars Tesla is happening. The company has become a pioneer in electric vehicles. to the third quarter of 2023 announced the financial results. Considering the company’s ownership and investments, there were great expectations.
However, when we looked at the results, it became clear that the situation was not as we expected. The revenue analysts think Tesla will achieve It was $24.06 billion. The results presented in the last quarter show that the company’s income $23.4 billion revealed that it is.
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On the other hand, Tesla’s net profit compared to the same period last year to 1.9 billion dollars, a decrease of 44 percent fell. Last year, the company’s net profit was $3.3 billion. In terms of profitability, the company’s adjusted earnings per share (EPS) was 0.74. Adjusted net profit is $2.3 billion happened. In this case, Tesla was again below expectations.
Additionally, at the beginning of this year, the company 435 thousand 59 vehicles He said he delivered it. This figure is the second highest total ever. However, it is possible to say that there is a decrease when compared to the second quarter. The company’s vehicle production increased by 18 percent on an annual basis during this period. The number of vehicles delivered is 27 percent It increased.
So, what do you think about Tesla’s financial results? Don’t forget to share your opinions with us in the comments section!