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

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