Tesla
Tesla (NASDAQ:TSLA) posted a stronger than anticipated set of This autumn 2019 outcomes final week, pushed by its increasing automotive gross sales and an uptick within the vitality enterprise. Revenues grew to $7.four billion, marking a rise of two% year-over-year and 17% sequentially. Whereas Web Revenue trended decrease each on a year-over-year and on a sequential foundation, coming in at $132 million, pushed by non-cash bills, the corporate’s Free Money Flows expanded to over $1 billion. On this evaluation, we break down the important thing drivers of Tesla’s Revenues, Web Revenue, and Free Money Flows.
View our full dashboard evaluation Deep-Dive X-Ray: What Drove Tesla’s Q4 2019 Results?
#1. Tesla’s Revenues
- Tesla’s Revenues improved by about 1% year-over-year and 20% sequentially to $7.four billion, pushed by increased Automotive Revenues and Vitality Revenues.
- Automotive Revenues grew by about 20% sequentially and three% year-over-year, as deliveries soared pushed by increased manufacturing…