Tesla Exceeds Q4 Delivery Expectations, Reaches 1.81 Million Vehicle Milestone

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With this success, Tesla ($NASDAQ:TSLA) has solidified its place as a leading producer of electric cars and energy products. It’s stock price has soared over the past year, making it one of the most watched stocks on Wall Street. The company’s success has been driven by its innovative technology and its focus on environmental sustainability.

Its vehicles boast cutting-edge features such as Autopilot and Supercharging, while its energy products have helped reduce our dependency on fossil fuels. With a bright future ahead, Tesla is continuing to push the boundaries of innovation and sustainability.

Market Price

On Tuesday, after Tesla released its Q4 results, the company’s stock opened at $250.1 and closed at $248.4. With the fourth quarter delivery numbers, Tesla continues to lead the way in electric vehicle production and adoption. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Tesla. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Tesla. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Tesla. More…

Key Ratios Snapshot

Some of the financial key ratios for Tesla are shown below. More…

Analysis

GoodWhale conducted an analysis of TESLA‘s fundamentals and found that, according to Star Chart, it is strong in asset and growth, medium in profitability and weak in dividend. Based on this, we classified TESLA as a ‘gorilla’, a type of company which has achieved stable and high revenue or earning growth due to its strong competitive advantage. Given the strong asset and growth performance, investors who are looking for more than just short-term gains may be interested in TESLA’s fundamentals. Furthermore, TESLA has a high health score of 8/10 with regard to its cashflows and debt, suggesting that it is capable of paying off debt and funding future operations. Therefore, it could be an attractive investment for those with a long-term outlook. More…

Peers

Tesla Inc is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla’s current products include electric cars, battery energy storage from home to grid scale, solar panels and solar roof tiles, and related products and services. Some of Tesla’s notable competitors in the electric vehicle space include NIO Inc, XPeng Inc, and Li Auto Inc.

– NIO Inc ($SEHK:09866)

NIO Inc. is a Chinese electric vehicle manufacturer headquartered in Shanghai. The company was founded in 2014 and has since become one of the leading EV manufacturers in China. NIO produces a range of electric vehicles, including the ES8 SUV, the ES6 SUV, and the EC6 sedan. The company also offers a range of services, including the NIO Power battery-swapping service and the NIO Pilot autonomous driving system. NIO Inc. has a market cap of 154.77B as of 2022 and a Return on Equity of -13.53%. The company is one of the leading EV manufacturers in China and offers a range of electric vehicles and services.

– XPeng Inc ($SEHK:09868)

As of 2022, YPeng Inc has a market capitalization of 54.52 billion dollars and a return on equity of -11.13%. YPeng Inc is a Chinese multinational conglomerate holding company headquartered in Beijing. The company was founded in 1988 and has since grown to become one of the largest companies in China. YPeng Inc is involved in a wide variety of businesses, including but not limited to: e-commerce, retail, transportation, logistics, and financial services.

– Li Auto Inc ($SEHK:02015)

NIO Inc is a Chinese electric vehicle company headquartered in Shanghai. The company was founded in 2014 and is listed on the New York Stock Exchange. NIO Inc designs, manufactures, and sells electric vehicles in China, the United States, and Europe. The company has a market cap of 140.12B as of 2022 and a return on equity of -0.27%.

Summary

Tesla Inc. has reported strong fourth quarter deliveries, exceeding expectations, and ending the year with 1.81 million vehicles delivered. The success of Tesla’s cars and services have allowed it to continue to dominate the electric vehicle market, making it a top choice for investors. Tesla’s strong performance and delivery numbers make it an attractive investment opportunity, as the company continues to be a leader in sustainable transportation. With a focus on battery technology, autonomous driving capabilities, electric vehicle charging innovation, production efficiency, and other sustainable initiatives, Tesla is positioned to continue seeing strong returns for investors.