Tesla Q2 2023 revenue $24.9B (+47% YoY); GAAP EPS $0.78, non-GAAP $0.91

Tesla, Inc.

2023-Q2 EPS reported $1.50 revenue$48,256,000,000

Record quarterly production of 479,700 vehicles and deliveries of 466,140.
GAAP operating income $2.4B, operating margin 9.6% (down from 14.6% YoY).
Cash and investments $23.1B; free cash flow $1.0B.
Cybertruck tooling on track for initial production later this year; Dojo training computer production started.
Energy storage deployments 3.7 GWh (+222% YoY); multiple automakers adopted NACS.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Tesla, Inc. reported the quarter ended June 30, 2023 results: revenue $24.9B, net income $2.7B GAAP net income, EPS 0.78.

Period: the quarter ended June 30, 2023
Revenue: $24.9B
Net income: $2.7B GAAP net income
EPS: 0.78
Result: reported results

Exact text from the filing

Profitability 9.6% operating margin $2.4B GAAP operating income $2.7B GAAP net income $3.1B non-GAAP net income1 Q2-2023 was a record quarter on many levels with our best-ever production and deliveries and revenue approaching $25B in a single quarter.

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Source: SEC EDGAR

accession 0000950170-23-033544

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