Tesla (TSLA) expected to post $16.44B sales for the current fiscal quarter

Equity research analysts expect Tesla to report sales of $16.44 billion for the current fiscal quarter. In the same quarter last year, Tesla reported sales of $10.39 billion, indicating a year-over-year growth rate of 58.2%.

According to Jacques — an investment research company — Analysts expect Tesla to report full-year sales of $81.48 billion for the current year, with estimates ranging from $64.37 billion to $93.30 billion. Zacks’s sales average is above average, based on a survey of sell-side Tesla analysts. For the next fiscal year, analysts expect Tesla to report sales of $107.43 billion, up from estimates of $81.28 billion to $134.93 billion.

As March draws to a close, Tesla is preparing for some notable milestones at the end of Q1 2022. The Austin-based EV maker is expected to release its next earnings report on Monday, April 25.

The Tesla Giga Berlin tops the list with the first made-in-Germany Model Y vehicles slated for delivery on March 22. Gigafactory Berlin will hold a small event for its first Model Y deliveries, mostly to Tesla employees in Germany. Meanwhile, in Texas, Tesla is preparing to deliver the first Model Y vehicle equipped with a structural battery pack and 4680 cells.

Tesla Giga Shanghai isn’t slowing down either. Tesla China posted wholesale figures of 59,845 vehicles for January and 56,515 cars for February 22. Tesla China has grown its earnings by more than 100% for two consecutive years since it began operations in 2019. Tesla is in the midst of expanding its Fremont factory in California. ,

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Tesla (TSLA) expected to post $16.44B sales for the current fiscal quarter






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