Tesla (NASDAQ:TSLA) posted its Q1 2023 earnings report after markets closed today. The results, which were discussed in the Q1 2023 Update Letter, were released after the closing bell on Wednesday, April 19, 2023.
Tesla’s earnings come on the heels of the company’s aggressive pricing strategy and record delivery numbers. In the first quarter, Tesla produced 440,808 vehicles and delivered 422,875. That’s a new record for the EV maker, which is quite impressive considering that Q1 is relatively short and it gets hit by holidays like the Chinese New Year.
The following is a quick overview of Tesla’s Q1 2023 results.
REVENUE
Tesla posted total revenues of $23.329 billion.
EARNINGS PER SHARE
Tesla posted non-GAAP earnings per share of $0.85.
Article is being updated.
Tesla’s Q1 2023 Update Letter could be found below.
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Keyword: Tesla (TSLA) Q1 2023 earnings results: $23.3B in revenue, 19.3% non-GAAP gross margins