Tesla's Q1 Earnings: Revenue Misses Expectations, Margins Remain Strong

Reported 1 day ago

Tesla reported disappointing Q1 earnings, with revenues missing analyst estimates. Despite this, margins showed resilience, with gross margins at 16.2% and adjusted auto margins at 12.5%. Analysts noted that the revenue dip was partly due to lost production of the Model Y, and they highlighted a number of exciting developments within the company that could drive future growth.

Source: YAHOO

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