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Tesla’s Earnings Were Good. Guidance Is OK. Shares Are Higher.

Por: MarketWatch Business January 25, 2023

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Wall Street was looking for earnings per share of about $1.13 and operating profit of $4.2 billion from $24.7 billion in sales. Free cash flow for the quarter came in at $1.4 billion. Analyst were expecting $2.7 billion. Looking ahead, Tesla said it plans to produce 1.8 million units in 2023. The Street is looking for about 1.9 million units. It’s an OK report. Shares are up 3.8% in after hours trading shortly after results were released.... + full article



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