According to last year’s results, the automaker’s net income more than doubled to $12.6 billion.
The electric car manufacturer Tesla posted a record profit in the fourth quarter of 2022. This was announced on January 25 by the company’s press service.
It was noted that the corporation’s quarterly revenue increased by 37% to $24.3 billion. This is the highest number in Tesla’s history.
Net income in October-December rose to $3.69 billion compared to $2.3 billion in the same period last year.
By the end of 2022, the company’s net income doubled and reached $12.6 billion, revenue grew by 51% to $81.5 billion.
This is the third year the company has finished in the black. Car production increased by 47% – up to 1.37 million cars.
“We have the potential to produce two million cars this year. I think there will be enough demand for that amount,” Tesla CEO Elon Musk said, as quoted by CNBC.
It will be remembered that in December last year, Musk lost the first place in the list of billionaires by Forbes.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.