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Tesla’s Q4 2022 Revenue Beyond Its Automotive Business
Tesla has experienced an eventful several many years, and from a economic standpoint, it is hard to refute what the electric powered auto producer has accomplished. With EVs at the helm, Tesla has also founded a number of key profits streams that may possibly deliver an indicator of the place the business is headed. Tesla attained $12.6 billion in internet profits previous year whilst making $7.6 in no cost income flow, as specific in a modern report from The Motley Fool. The publication also points out that, crucially, Tesla achieved individuals financials following reinvesting more than $7 billion into its operations very last yr. The Motley Fool states that it…
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Tesla’s largest-ever decline has short sellers sitting on $15 billion in profits: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 23, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App.Yahoo Finance App. Tesla stock fell another 8.8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} on Thursday, bringing its year-to-date losses to 64{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. With this decline, more than $800 billion in market capitalization has been erased from the electric carmaker. The current 69.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} drawdown from its most recent high reached in late 2021 is…