BRIEF-Tesla Reports Q1 Non-GAAP Earnings Of $0.93 Per Share

Reuters2021-04-27

April 26 (Reuters) - Tesla Inc :

* QUARTERLY NON-GAAP EARNINGS PER SHARE $0.93

* QUARTERLY GAAP EARNINGS PER SHARE $0.39

* Q1 EARNINGS PER SHARE VIEW $0.79, REVENUE VIEW $10.29 BILLION -- REFINITIV IBES DATA

* SAYS IN FREMONT, MODEL Y PRODUCTION CONTINUED TO RAMP SUCCESSFULLY AND IS APPROACHING FULL CAPACITY

* SAYS IN TEXAS, FACTORY BUILDOUT CONTINUES TO PROGRESS QUICKLY, REMAINING ON TRACK TO START PRODUCTION AND DELIVERIES LATE THIS YEAR

* SAYS EXPECT SHANGHAI FACTORY WILL CONTINUE TO INCREASE QUARTERLY PRODUCTION OUTPUT THROUGH THE YEAR

* SAYS RECENTLY IMPROVED DOMESTIC SUPPLY SOURCING RATIO IN CHINA TO OVER 90%

* SAYS BUILDOUT OF GIGAFACTORY BERLIN CONTINUING TO MOVE FORWARD, WITH PRODUCTION AND DELIVERIES REMAINING ON TRACK FOR LATE 2021

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((Reuters.Briefs@thomsonreuters.com;))

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Comments

  • Al385
    2021-04-27
    Al385
    Go TSLA ?
  • Uday
    2021-04-27
    Uday
    Tesla boom??
  • Sufiknight
    2021-04-27
    Sufiknight
    In line with expectations
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