
Sign up to save your podcasts
Or
Tesla reports Q1 '19 revenue of $4.5B (+33%), with an operating loss of $521M. The company is still on track to deliver between 360-400K cars in 2019 (guiding for 90-100K deliveries in Q2). Earnings outlook is for a loss in Q2 (although much smaller) and profitability in Q3. Tesla's cash position ended the quarter at $2.2B, and should climb every quarter sequentially from here. This was a tough quarter, but I'm as optimistic as ever about the long-term thesis.
LINK - Tesla financials on HyperCharts: https://www.hypercharts.co/tsla
LINK - Tesla Q1 2019 shareholder letter: https://ir.tesla.com/static-files/b2218d34-fbee-4f1f-ac95-050eb29dd42f
Become a #HyperChanger & support us on Patreon to receive the exclusive weekly HyperChange Newsletter!! https://www.patreon.com/hyperchange
4.8
9898 ratings
Tesla reports Q1 '19 revenue of $4.5B (+33%), with an operating loss of $521M. The company is still on track to deliver between 360-400K cars in 2019 (guiding for 90-100K deliveries in Q2). Earnings outlook is for a loss in Q2 (although much smaller) and profitability in Q3. Tesla's cash position ended the quarter at $2.2B, and should climb every quarter sequentially from here. This was a tough quarter, but I'm as optimistic as ever about the long-term thesis.
LINK - Tesla financials on HyperCharts: https://www.hypercharts.co/tsla
LINK - Tesla Q1 2019 shareholder letter: https://ir.tesla.com/static-files/b2218d34-fbee-4f1f-ac95-050eb29dd42f
Become a #HyperChanger & support us on Patreon to receive the exclusive weekly HyperChange Newsletter!! https://www.patreon.com/hyperchange
1,270 Listeners
1,004 Listeners
3,370 Listeners
512 Listeners
931 Listeners
1,783 Listeners
390 Listeners
511 Listeners
454 Listeners
1,836 Listeners
105 Listeners
8,727 Listeners
397 Listeners
1,005 Listeners
439 Listeners