Tesla Is Making Record Profits, but It's Not Nearly Enough to Match Musk's Growth Goals

1 day ago Gizmodo

Analysts expected Tesla to share record-setting profits for its fourth quarter of 2022, and the company didn’t disappoint. Tesla delivered over 405,000 cars this past quarter, which while missed analysts estimates amid fears of waning demand, it was still up from last quarter. AdvertisementMusk has also sold billions of dollars worth of Tesla stock all throughout 2022 to help finance his $44 billion Twitter buyout. Another ongoing lawsuit takes aim at Musk’s $56 billion pay package the company granted him to stay as CEO. The company had no word about the controversy surrounding FSD or reports of federal investigations surrounding the autopilot feature.
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