earnings
confidence high
sentiment negative
materiality 0.80
Tesla Q3 GAAP EPS $0.53, revenue $23.35B, operating margin 7.6% down from 17.2% YoY
Tesla, Inc.
2023-Q3 EPS reported
$2.03
revenue$71,606,000,000
- GAAP net income $1.85B (-44% YoY); diluted EPS $0.53; non-GAAP EPS $0.66.
- Total revenue $23.35B (+9% YoY) despite lower ASP and $0.4B FX headwind.
- Vehicle deliveries 435,059 (+27% YoY); production fell sequentially due to factory upgrades.
- Energy storage deployments record 4.0 GWh (+90% YoY); energy & services gross profit >$0.5B.
- Free cash flow $848M; cash & investments $26.1B. Cybertruck deliveries on track for Nov 2023.