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After market 07:59:37 pm | |||
| 176.8 USD | -1.39% |
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176.5 | -0.13% |
| 03:53am | South Korean shares fall as battery, auto sectors drag | RE |
| 12:46am | Judge assured that Tesla won't contest Musk pay ruling outside Delaware | RE |
(Reuters) - Tesla said on Wednesday its fourth-quarter gross margin shrank from a year earlier as it cut prices and offered incentives to boost demand for its electric vehicles.
The company reported a gross margin of 17.6% for the three months ended December, compared with 23.8% a year earlier, and analysts' average estimate of 18.3% according to LSEG data.
In the third quarter, Tesla posted gross margin of 17.9%.
(Reporting by Akash Sriram in Bengaluru; Editing by Sriraj Kalluvila)
| 1st Jan change | Capi. | |
|---|---|---|
| -28.87% | 572B | |
| -45.55% | 21.55B | |
| -41.22% | 11.46B | |
| -55.58% | 10.39B | |
| -45.98% | 9.99B | |
| -42.15% | 7.74B | |
| 0.00% | 6.95B | |
| -35.04% | 6.41B | |
| 0.00% | 5.79B | |
| -20.73% | 4.97B |
TESLA, INC. 
