Tesla, Inc. (NASDAQ: TSLA), one of the foremost names among EV stocks, has reported better-than-expected results for the quarter ended December 31, 2021. A robust growth witnessed in revenues was primarily responsible for the strong results. Following the news, shares of the company declined marginally to close at $929.90 in Wednesday’s extended trading session. Revenue & Earnings Tesla reported quarterly revenues of $17.72 billion, up 65% from the previous year. Further, the figure surpassed the consensus estimate of $16.35 billion. This growth can be attributed mainly to the 71.4% year-over-year growth witnessed in automotive revenues, which also accounted for over 90% of the total revenues of the company.
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