Operating expenses increase or decrease

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Reference no: EM133090238

The company that we focusing in this is Tesla, Inc. 

And here are some question about the financial of the company that we need to answer base on source, calculation and evidence link to the article.  Please include source with the link to check out. Here are there main question

1. Analysis of Revenue

Did sales (Revenue) increase or decrease, and what was the change on a year-over-year (YOY) basis? What is cited as the reason for the change in revenue?

2. Analysis of Operating Expenses

Did Operating Expenses increase or decrease YOY and by what percent? What reasons were cited for the change in Operating Expenses?

3. Analysis of Profits

Did the company make a profit this quarter and what was the Year-Over-Year (YOY) change? What reasons were cited for the change in Profits?

Here are a few pointers that can help guide you

Do a Google search for the company's most recent quarterly earnings press release. After you read it, answer the following:

  1. Did sales (Revenue) increase or decrease, and what was the change on a year-over-year (YOY) basis? (e.g., up 3% or down 5%) ____% YOY compares the same quarter in two different years and is a standard metric used in business.  It's the same way you might compare how much you could deadlift, or how fast you can run a mile, this summer compared to last summer.
  2. What is cited as the reason for the change in revenue?
  3. Did Operating Expenses increase or decrease YOY and by what percent?
  4. What reasons were cited for the change in Operating Expenses?
  5. Lastly, the bottom line, profits. Remember, Revenue - Expenses = Profit or Loss. If it is a positive number, they made a profit.  If Net Income is a negative number, they had a loss.  Did the company make a profit this quarter and what was the YOY change?

Reference no: EM133090238

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