Tesla beats quarterly revenue estimates

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(Reuters) – Tesla (NASDAQ:TSLA) Inc beat analysts’ estimate for fourth-quarter revenue on Wednesday, powered by record delivery of electric vehicles during the last three months of 2022.

The company said revenue was $24.32 billion for the three months ended Dec. 31, compared with analysts’ average estimate of $24.16 billion, according to IBES data from Refinitiv.

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