Earnings Results: Tesla posts record quarterly profit amid challenges, offers sunny outlook


Tesla Inc. late Wednesday reported mixed fourth-quarter results, with revenue slightly below Wall Street expectations, but injected some optimism in its production outlook for 2023.

Tesla TSLA earned $3.69 billion, or $1.07 a share, in the quarter, compared with $2.3 billion, or 68 cents a share, in the year-ago period. Adjusted for one-time items, Tesla earned $1.19 a share.


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