Tesla Q1 earnings overview: all missed
@Tiger_Earnings:
$Tesla Motors(TSLA)$ revenue, net income, and EPS missed consensus, and free cash flow became negative for the first time since the epidemic. Revenue fell 9% year-on-year, the largest decline since 2012.EPS: Adjusted $0.45, expected of $0.52Revenue: $21.30 billion, expected of $22.15 billion Q1revenue declined from $23.33 billion a year earlier and from $25.17 billion in the fourth quarter of 2023.Among them, automotive business revenue fell 13% year-on-year to $17.38 billion.Energy generation and storage revenue rose 7% year over year to $1.64 billionServices and other revenue increased 25% year over year to $2.29 billion.Gross profit margin fell to 17% from 19.3% in the same period last year, and operating profit margin fell to 5.5% from 11.4% o