Tesla Sees Provide Chain Issues Carry on By This 12 months Right after Record Earnings
SAN FRANCISCO:Tesla Inc on Wednesday envisioned offer chain difficulties to go on by this year, right after posting file quarterly profits that defeat Wall Street estimates.
The stock fell 2.3% in immediately after-several hours investing.
Income rose to $17.72 billion in the fourth quarter, from $10.74 billion a 12 months earlier. Analysts experienced anticipated the electric-automobile maker to report earnings of $16.57 billion, according to IBES facts from Refinitiv.
The world’s most useful automaker past quarter handed over a report selection of cars to consumers regardless of offer chain headwinds.
“Our personal factories have been managing under capacity for quite a few quarters as offer chain grew to become the main restricting aspect, which is very likely to continue on as a result of 2022,” Tesla reported in a assertion.
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SAN FRANCISCO:Tesla Inc on Wednesday envisioned offer chain difficulties to go on by this year, right after posting file quarterly profits that defeat Wall Street estimates.
The stock fell 2.3% in immediately after-several hours investing.
Income rose to $17.72 billion in the fourth quarter, from $10.74 billion a 12 months earlier. Analysts experienced anticipated the electric-automobile maker to report earnings of $16.57 billion, according to IBES facts from Refinitiv.
The world’s most useful automaker past quarter handed over a report selection of cars to consumers regardless of offer chain headwinds.
“Our personal factories have been managing under capacity for quite a few quarters as offer chain grew to become the main restricting aspect, which is very likely to continue on as a result of 2022,” Tesla reported in a assertion.
Study all the Most recent News, Breaking News and Coronavirus News listed here.