Executive Summary
Tesla Inc (TSLA), the leading electric vehicle manufacturer, delivered a record-breaking performance in Q4 2022, achieving a revenue of $24.3 billion, up 37.24% year-over-year, and generated an impressive net income of $3.71 billion, reflecting a 60.02% increase from the prior year. CEO Elon Musk hailed 2022 as Tesla's best year to date, despite significant operational challenges including high-interest rates and supply chain disruptions. The company delivered over 1.3 million vehicles throughout the year, illustrating robust demand. Furthermore, in January 2023, Tesla saw order rates nearly double its production capabilities, suggesting strong market demand. Moving forward, management emphasized a focus on cost control and efficiency improvements to uphold industry-leading margins amidst ongoing price adjustments.
Key Performance Indicators
Revenue
24.32B
QoQ: 13.35% | YoY:37.24%
Gross Profit
5.78B
23.76% margin
QoQ: 7.34% | YoY:19.19%
Operating Income
3.90B
QoQ: 5.78% | YoY:49.29%
Net Income
3.71B
QoQ: 12.82% | YoY:60.02%
EPS
1.18
QoQ: 12.38% | YoY:54.59%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue**: $24.3 billion, a 13.35% increase quarter-over-quarter and a 37.24% growth year-over-year.
- **Gross Profit**: $5.78 billion, yielding a gross profit margin of 23.76%.
- **Operating Income**: $3.90 billion, with an operating margin of 16.04%.
- **Net Income**: $3.71 billion, corresponding to a net profit margin of 15.27%.
- **EPS (Earnings Per Share)**: $1.18 (Diluted: $1.07). **2. Cash Flow and Capital**