Tesla (TSLA) Q1 earnings report 2023


Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. The Tesla plant was opened and put into operation on March 22, 2022.

Patrick Pleuil | Picture Alliance | Getty Images

Shares in electric vehicle maker Tesla dropped more than 4% after the company reported first-quarter earnings after the bell. Here are the results.

  • Earnings per share: 85 cents adj. vs 85 cents expected, according to the average analyst estimate compiled by Refinitiv
  • Revenue: $23.33 billion vs $23.21 billion expected, according to Refinitiv estimates

Net income came in at $2.51 billion, down 24% from last year, while GAAP earnings came in at 73 cents,…

Source cnbc.com

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