Have you ever heard of Tesla (ticker symbol: TSLA), a U.S. stock?
It is an American electric transportation equipment and clean energy company.
This time, I would like to introduce the company’s financial results for the period from January to March 2021, which were announced on April 26, 2021.
January to March 2021
EPS is 93¢ vs. 73¢ expected.
Net sales: $10.39 billion vs. forecast of $9.89 billion.
Sales growth was 74% YoY.
Sales in the automotive segment were $9.0 billion, up 75% from the same period last year.
Of this amount, green subsidies were $518 million, up 46% from the same period last year.
Gross profit for the Automotive segment was $2.39 billion, up 82% from the prior year period.
Operating cash flow was $1.64 billion. Cash flow from operations was $1.64 billion, compared to -$0.44 billion in the same period last year.
Free cash flow was $293 million. Free cash flow was $293 million, compared to -$895 million in the same period last year.