Tesla Probably Had Weakest Profit and Revenue Gains in Years
Key Takeaways
- Tesla is expected to report adjusted EPS of $1.19 for the fourth quarter of 2022, compared with $0.85 for the prior-year quarter.
- Revenue likely climbed about 38% to $24.4 billion.
- Tesla said it delivered over 405,000 vehicles in the last quarter, missing analyst estimates.
- Tesla was the worst-performing stock in the S&P 500 Index last year due to weakening demand, supply chain issues, and potential legal issues.
Elon Musk’s Tesla Inc. (TSLA), last year’s worst-performing…