Summary
Tesla Beats
Tesla (TSLA) reported 1st Quarter March 2020 earnings of $1.12 per share on revenue of $6.0 billion. The consensus estimate was a loss of $0.53 per share on revenue of $5.7 billion. The Earnings Whisper number was for a loss of $0.27 per share. Revenue grew 31.8% on a year-over-year basis.
Tesla Motors Inc designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.
Results
Reported Earnings
$1.12
Earnings Whisper
($0.27)
Consensus Estimate
($0.53)
Reported Revenue
$5.99 Bil
Revenue Estimate
$5.71 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Tesla Releases First Quarter 2020 Financial Results
PALO ALTO, Calif., April 29, 2020 (GLOBE NEWSWIRE) -- Tesla has released its financial results for the first quarter of 2020 by posting an update on its Investor Relations website. Please visit http://ir.tesla.com to view the update.
As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) to discuss the results and outlook.
What: Tesla First Quarter 2020 Financial Results Q&A Webcast
When: Wednesday, April 29, 2020
Time: 3:30 p.m. Pacific Time / 6:30 p.m. Eastern Time
Q1 2020 Update: http://ir.tesla.com
Webcast: http://ir.tesla.com (live and replay)
The webcast will be archived on the company’s website following the call.
Investors Relations Contact:ir@tesla.comPress Contact:press@tesla.com
Source: Tesla, Inc.
