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Tesla logs record profit in fourth quarter, warns of uncertainties

Tesla, maker of electric vehicles and solar panels said it made $3.69 billion from October through December, or an adjusted $1.19 per share

Agencies
Tesla has been lobbying with the Indian government to reduce the duty on imported cars.
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Tesla has been lobbying with the Indian government to reduce the duty on imported cars.

Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.
Tesla, maker of electric vehicles and solar panels said it made $3.69 billion from October through December, or an adjusted $1.19 per share.
That beat estimates of $1.13 that had been reduced by analysts, according to FactSet.
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First Published: Jan 26 2023 | 11:53 PM IST

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