tesla

Tesla, Inc. designs, Develops, manufactures and sells electric vehicles, and also designs, Produces, installs and sells products for the production and storage of solar energy. Company segments include automotive, energy production and storage. Automotive segment includes design, elaboration, production, sale and leasing of electric vehicles, as well as the sale of statutory loans for the automotive industry. The energy generation and storage segment includes design, production, Installation, sale and rental of products for the production and storage of energy using solar energy, services, related to her products. The company's automotive products include Model 3, Model Y, Model S и Model X. Model 3 – four-door sedan. Model Y – SUV (SUV), built on the Model platform 3. Model S – four-door sedan. Model X – SUV. Energy storage products also include Powerwall and Powerpack.

Tesla's quarterly profit exceeded for the first time 3 billion dollars

Tesla MotorsTSLA1026,32 $ Tesla releases first quarter 2022 financial report. The company once again reported record revenue and profit. 20 In April, her shares in the postmarket grew on 5%, to 1026 $. Financial results Here's how Tesla's key performance has changed compared to the first quarter of 2021. Total sales of $18.8 billion (+81%). In the first quarter, Tesla sold 310 thousand electric vehicles (+69%). The company raised the prices of its cars, therefore, revenue from car sales grew even more and amounted to 16.9 billion dollars (+87%). Sales in the segment "Production and storage of energy" brought 0.6 billion dollars (+25%), in the Services segment — $1.3 billion (+43%). Total Gross Margin — 29,1% (+7,8 P. P.). Despite global inflation, shortage of components and failures in the operation of plants, Tesla still manages to increase profitability. So, gross margin of auto production for the year increased from 26,5, to 32,9%. Operating profit - $ 3.6 billion (+507%). Operating profit increased six-fold due to high gross margin. At the same time, operating expenses, e.g. research and personnel, grew slightly - only by 15%. Net profit after taxes and interest on loans amounted to 3.3 billion dollars (+658%), adjusted — $3.7 billion (+255%). Operating cash flow - $4 billion (+143%). This is a more important indicator., than "paper" net profit. It does not take into account non-cash items like depreciation and shows, how much money the main business brought in fact. And Tesla is doing well with this too.. Free cash flow - operating flow net of capital expenditures - was $2.2 billion (+660%). Tesla does not pay dividends, and most of the free money she spent on paying off the debt. Production failures and plans …

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