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Tesla Jan-Mar 2021 Financial Results

English

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.

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