| Particular | Q120 | Q121 | Percentage Change |
|---|---|---|---|
| Revenue | 5,985 | 10,389 | 73.58& |
| Net Income | 283 | 594 | 109 |
| Adj. EBITDA | 951 | 1841 | 95 |
This is pretty much expected after the good delivery numbers they released.
- Automotive revenue stood at 9 Billion
- Regulatory credits were 518 Million
- Gross margins expanded by 95 Basis points YoY to 26.5%
Some interesting things I noticed
- Tesla sold some Bitcoin and made a 101 Million gain. Elon Tweeted this about the sale
No, you do not. I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.
This seems like a bunch of BS and I think They just wanted to Massage earnings a little bit or take some profits.
- Elon can now vest his last two tranches.
- Elon stated that they faced problems due to chip shortages.
Submitted April 27, 2021 at 01:07AM by EfficientInflation67 https://ift.tt/3tVnaun
