(Tiper Stock Exchange) – Tesla it closes the fourth quarter with record results and says it is ready to face the challenges arising from economic uncertainties and interest rates that threaten to weaken demand.
“The Tesla team is used to challenges, given the culture it took to get the automaker to where it is today. In the short term, we will accelerate cost reductions and push higher production rates”, reads the account note in which the company Elon Musk indicate revenues up 37% to $24.32 billion and a Net income up 59% to 3.68 billion.
In the wake of the results, Tesla stock gained 5% in after-hours trading on Wall Street.
For 2023, Tesla estimates a production of 1.8 million vehicles, more than 30% more than 2022. Musk has shown optimism looking at the long term and trying to wipe out investors’ fears about the stability of demand. “So far in January we are recording i largest orders in our history, which are almost twice the production rate” – Musk said – adding: “Without significant production problems, Tesla could reach two million cars”.