![]() Other numbers of note include that Tesla’s free cash flow was $2.78 billion in the quarter, another record in the periods of data shared, and the company’s total cash and equivalents crested the $17 billion mark. Instead, it ticked up to what is at least a five-quarter high at 30.6%, up from 24.1% in the year-ago period. In the fourth quarter of 2021, Tesla reported its second-smallest regulatory credit haul in the last five quarters.Įven better for the car company, Tesla’s automotive gross margin did not fall as its revenues from the category grew. The company’s nearly $16.0 billion in total car revenue bested both the preceding quarter’s tally of $12.06 billion and its year-ago comp of $9.31 billion.įor those of you versed in Tesla results, you’ll be curious what portion of the quarter’s revenues came from regulatory credits, which critics of the company have cited here and there as indication that its numbers were slightly puffed-up. Inside the quarterįourth-quarter automotive results at Tesla appear strong. Shares of the company are mixed in after-hours trading, initially falling a few points but rising by the time this story was written. ![]() In basic terms, Tesla outperformed on revenue and profit estimates. On an adjusted basis, the company earned $2.54 per share.Īnalysts had expected the company to report $16.35 billion in total revenue and $2.26 in adjusted per-share profit in the fourth quarter of 2021. From that total, Tesla’s Q4 saw net income of $2.32 billion and earnings per share of $2.05. In the final three months of 2021, Tesla generated $17.72 billion in revenue, $16.0 billion of which came from its vehicle business. electric vehicle company Tesla reported its fourth-quarter and calendar-year 2021 results this afternoon.
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