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Tesla reports record revenue and beats on earnings

Summary by Ground News
Tesla today (Jan. 25) reported a net profit of $4.1 billion, or $1.19 per share, on $24.3 billion in revenue for the three months that ended Dec. 31. Both numbers beat analysts estimates, but the profit margin for its electric car sales fell short of expectations at 25.9 percent. Tesla shares wobbled in today's after-hour trading, jumping more than 3 percent before losing its gains.

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CNBC broke the news in United States on Wednesday, January 25, 2023.
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