Tesla Inc
TSLA
$456.56 3.74%
Exchange: NASDAQ | Sector: Consumer Cyclical | Industry: Auto Manufacturers
Q4 2022
Published: Jan 31, 2023

Earnings Highlights

  • Revenue of $24.32B up 37.2% year-over-year
  • EPS of $1.07 increased by 54.6% from previous year
  • Gross margin of 23.8%
  • Net income of 3.71B
  • "Elon Musk: "As we mentioned many times before, we want to be the best manufacturer. But really, manufacturing technology will be our most important long-term strength."" - Elon Musk

Tesla Inc (TSLA) Q4 2022 Financial Results: Record Deliveries Amid Challenges

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**

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2025 19,335.00 0.12 -9.2% View
Q4 2024 25,707.00 0.66 +2.2% View
Q3 2024 25,182.00 0.62 +7.9% View
Q2 2024 25,500.00 0.42 +2.3% View
Q1 2024 21,301.00 0.34 -8.7% View
Q4 2022 24,318.00 1.07 +37.2% View