Tesla Earnings Q1 2021

Tesla had $438 Million in GAAP net income and over $1 billion in non-GAAP net income.

Tesla almost reached its Q4 revenue 2020 with the traditionally weak first quarter.

Tesla grew its gross margin despite not having the higher-margin Model S and Model X.

Model 3 was the best-selling premium sedan in the world. The Model 3 outsold long-time industry leaders such as the 3 Series and EClass.

SOURCES – Tesla, Tesla Daily
Written By Brian Wang, Nextbigfuture.com (Brian owns shares of Tesla)

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