Tesla's Q4 and Full-Year 2022 Financial Results

Key Performance Indicators

Tesla reported a 45 percent drop in profit in the three-month period between April and June, according to its financial results released on Tuesday. The company's first-quarter profit, revenue, and automotive gross margin all fell short of estimates. Furthermore, the global vehicle inventory increased to 28 days.

Future Plans

Despite these setbacks, Tesla remains committed to its mission of accelerating the world's transition to renewable energy. The company plans to launch more affordable models in the near future.

Other Key Points

• Tesla's annual and quarterly earnings data is available on its Investor Relations website.
• The company's financial results were released on January 25, 2023.
• Tesla is headquartered in Austin, Texas.