Tesla has just released its fourth quarter 2020 earnings report and the numbers are impressive. Tesla again made a profit, representing six consecutive quarters in which Tesla posted a profit.
The main financial details of the fourth quarter 2020 report are as follows:
- $ 10.74 billion in revenue
- Earnings per share of $ 0.80 (non-GAAP)
And here’s what Tesla should report, according to analysts.
- Earnings per share: ~ $ 1.05 per share
- Recipe: ~ $ 10.5 billion
In addition, Tesla reports a free cash flow of 1.9 billion in the fourth quarter.
Tesla previously released its fourth quarter 2020 delivery and production numbers. In the fourth quarter of 2020, Tesla delivered 180,570 cars and produced 179,757 vehicles. The fourth quarter of 2020 was a record quarter for Tesla in terms of deliveries, beating the third quarter of 2020 by around 40,000 or more.
Tesla previously stated:
In 2020, we produced and delivered half a million vehicles, in line with our most recent guidance. In addition, production of the Model Y in Shanghai has started, with deliveries scheduled to begin soon.
Here are some of Tesla’s financial information:
And here are some details about specific vehicles and other relevant information, as stated by Tesla:
Tesla Model S Refresh
You will find the Tesla launch in its entirety with the link below.
Tesla Q4 2020 Earnings Report
More information will be provided from the details released in the conference call today.