Last updated on December 8th, 2022 at 02:47 pm
Tesla has reported for the fourth quarter of 2020 and for the year as a whole
Tesla’s 2020 revenues exceed $ 31.5 billion.
First, here are the data for the quarter.
Tesla’s quarterly revenue was $ 10.744 billion. This is 46% more than in the fourth quarter of 2019 when this figure was $ 7.384 billion. Compared to the same quarter last year, operating income was $ 575 million, up 60% on an annualized basis. The fourth quarter of 2020 resulted in a net profit of $ 270 million. The report gave a value of $ 105 million, that is, an increase of 157%. This is how the main indicators of the fourth quarter of 2020 look compared to the fourth quarter of 2019.
In terms of the full year 2020, Tesla’s revenue reached $ 31.536 billion, operating income $ 1.994 billion, and net income $ 721 million. For comparison: in 2019, having received $ 7,000 billion in revenue, the company suffered operating losses of $ 667 million, and the year ended with a net loss of $ 674 million.
