Tesla’s Q1 2024 Earnings Report: Mixed Results with Revenue Beat but Missed EPS and Free Cash Flow Concerns

Tesla’s earnings for Q1 2024 show an EPS of $0.45, slightly below the estimated $0.51. Revenue stood at $21.30 billion, Vs estimated $20.94 billion. GAAP gross margin was 17.4%. Operating margin was at 5%, down 6 percentage points from the previous year. Free cash flow was at -$2.531 billion, significantly lower than the estimated $654 … Continue reading Tesla’s Q1 2024 Earnings Report: Mixed Results with Revenue Beat but Missed EPS and Free Cash Flow Concerns