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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

Source text: () Further company coverage:

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

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Comment3

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