Tesla Q1 Earnings: A Closer Look at Financial Results and Market Expectations
Tuesday, 23 April 2024, 15:31
Tesla Q1 2024 Earnings Overview
Tesla Inc. (NASDAQ: TSLA) will release its first-quarter 2024 earnings today after the market close. Anticipated figures point towards a potential decrease in earnings compared to the previous year.
Financial Performance Recap
- Q4 2023 revenues grew by 3% year-over-year to $25.17 billion.
- Total vehicle production for the quarter reached 494,989 units, with 484,507 deliveries made.
- Earnings per share dropped to $0.71 from $1.19 the year before.
The latest financials show a notable increase in net income compared to the corresponding period in 2022.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.