The Limited Times

Now you can see non-English news...

Tesla returns worse than expected in 4Q, stock drops

2021-01-27T22:05:06.297Z


Electric vehicle maker Tesla first posted full-year net profit in 2020 but its fourth-quarter profits disappointed, knocking the share down 5% on Wall Street. Read also: Why Tesla is so expensive on the stock market The group posted a net profit of 270 million dollars from October to December. Adjusted on a per share basis and excluding special items, this comes down to 80 cents where analysts h


Electric vehicle maker Tesla first posted full-year net profit in 2020 but its fourth-quarter profits disappointed, knocking the share down 5% on Wall Street.

Read also: Why Tesla is so expensive on the stock market

The group posted a net profit of 270 million dollars from October to December.

Adjusted on a per share basis and excluding special items, this comes down to 80 cents where analysts had expected $ 1.01.

The group has also announced that it wants to increase its deliveries by 50% on average per year for several years.

Source: lefigaro

All business articles on 2021-01-27

You may like

News/Politics 2024-04-06T08:15:14.907Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.