Read the story here. Advertise at Before It's News here.
Profile image
Story Views
Last hour:
Last 24 hours:

Tesla (TSLA) Q1 2021 earnings results: $10.39B in revenue, beats with $0.93 EPS

% of readers think this story is Fact. Add your two cents.

Tesla’s (NASDAQ:TSLA) first-quarter for 2021 saw the electric car maker post $10.389 billion in revenue. The results, which were discussed in an Update Letter, were released after the closing bell on Monday, April 26, 2021.

Tesla’s first quarter was impressive, with the electric car maker producing a total of 180,338 vehicles, an astounding number considering that Q1 is typically a soft quarter for car sales. The company also delivered 184,800 vehicles comprised of 182,780 Model 3 and Model Y, as well as 2,020 Model S and Model X.

Tesla’s strong Q1 results were due in part to the accelerating Model Y ramp in the United States and the production push for the Model 3 and Model Y in Gigafactory Shanghai. This allowed the company to achieve impressive figures despite the halt in the production of the refresh Model S and Model X.

The following are the key points in Tesla’s Q1 2021 Update Letter.


Tesla reported a revenue of $10.389 billion for the first quarter. In comparison, Wall Street expected Tesla’s Q1 2021 revenue to be at $10.29 billion. 


Tesla shareholders saw non-GAAP earnings per share of $0.93 in the first quarter. Wall Street, on the other hand, expected Tesla to report a gain of $0.79 per share. 


Tesla has posted a $594 million GAAP operating income, and $438 million GAAP net income.

Tesla’s Q1 2021 Update Letter could be accessed below.

TSLA-Q1-2021-Update by Simon Alvarez on Scribd

Don’t hesitate to contact us for news tips. Just send a message to [email protected] to give us a heads up.

The post Tesla (TSLA) Q1 2021 earnings results: $10.39B in revenue, beats with $0.93 EPS appeared first on TESLARATI.


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Load more ...




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.