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Their guidance actually indicates more then $40 Billion. 2021 was a down year for Tesla. Given that Q1 usually the worst Quarter they made $10 Billion I would e
by nickik 6y ago
Their guidance actually indicates more then $40 Billion. 2021 was a down year for Tesla. Given that Q1 usually the worst Quarter they made $10 Billion I would expect significantly over $40 billion this year.
And its hard to see how 2022 will not continue this, 2022 will bring two huge new factories to full scale, Berlin and Austin. It will also see launch of Cybertruck and Semi at least.
The list of companies that can grow at that rate at that size is very small.
Their automotive margin (excluding credits) has improved significantly over this period. Improving unit margins with improving volume is a powerful combination and Tesla, they are only just really establishing true global scale and global production. Their profitability has a good outlook as well.