[TechWeb] April 22, according to foreign media reports, after entering April, Tesla’s situation is not optimistic, first announced a year-on-year decline in electric vehicle production and delivery in the first quarter, followed by the news of 10% layoffs, last Friday cut the prices of three electric vehicles in the US market, and the domestic market also cut prices on Sunday.
And this week, Tesla will also release their first-quarter results, which are not expected to be optimistic at a time when the delivery of electric vehicles, the main source of revenue, is declining compared with the same period last year.
According to the news released by Tesla, their first-quarter results will be released after the close of the US stock market on April 23, that is, after 4: 00 a.m. on Wednesday, Beijing time, and the conference call for financial analysts will be at 5:30 Eastern time on the 23rd.
That is, it began at 5:30 Beijing time on Wednesday.
For Tesla’s this quarter, foreign media reports show that some analysts expect revenue of 22.
73 billion US dollars, which will decline from a year earlier, less than the 23.
329 billion US dollars in the first quarter of last year and 25.
167 billion US dollars in the fourth quarter of last year.
In Tesla’s quarterly revenue, new car sales accounted for nearly 80%, the delivery volume of electric vehicles declined compared with the same period last year, and it is not surprising that revenue in the first quarter is expected to decline compared with the same period last year.
According to data released by Tesla, they produced 433371 electric vehicles and delivered 386810 to consumers in the first quarter.
For the first time last year, they produced 440808 vehicles and delivered 422875 vehicles.
in the fourth quarter of last year, they produced 494989 vehicles and delivered 484507 vehicles.
As revenue declines, there is a good chance that their profits will decline this quarter.
Tesla’s net profit attributable to common shareholders was $2.
513 billion in the first quarter of last year and $7.
928 billion in the fourth quarter.
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