Tesla (TSLA) released its financial results and shareholders letter for the first quarter (Q1) 2024 after market close today.
We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information.
Tesla Q1 2024 earnings expectations
As we reported in our Tesla Q1 2024 earnings preview yesterday, the Wall Street consensus for this quarter was $22.220 billion in revenue and earnings of $0.49 per share.
Now, did Tesla meet, beat, or miss the expectations?
Tesla Q1 2024 financial results
Just after the market close today, Tesla released its financial results and confirmed that it did miss expectations with earnings of $0.45 per share (non-GAAP) and revenue with $21,301 billion during the last quarter.
Despite the miss on expectations for…