This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
Since Q1 2020 results will be coming out, I'd like to post a recap of Q1 a year ago so people can compare easily.
In Q1 2019 Tesla highlights were:
- Produced 63,000 Model 3s - Delivered 50,900 Model 3
- Average sale price of a model 3 - ~$50,000
- Produced 14,000 S/X, Delivered 12,100 Model S/X
- Inventory = 30 days of sales
Automotive Revenue: $3,723,861
Automotive gross margin: 20.2%
Energy revenue: $324,661 - gross margin 2.4%
Cash Position: $2.2B
Loss: $702M
Other things to note: Sales in Q1 2019 were off 40% from Q4 of 2018.
If you want the full letter from Tesla, it is here: https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=2ahUKEwiPkbbc6sfoAhVFJ80KHcU7BlgQFjAAegQIBBAB&url=https://ir.tesla.com/static-files/b2218d34-fbee-4f1f-ac95-050eb29dd42f&usg=AOvVaw3wNVhf8nBVRaTqGAdkQNl1
I also referenced this page because it published an investor letter: https://electrek.co/2019/04/03/tesla-q1-2019-production-delivery-numbers/
Subreddit
Post Details
- Posted
- 4 years ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/RealTesla/c...