$Tesla(TSLA.US) 1Q results came in well below WS expectations:
- Non-GAAP EPS of $.27 missed WS est of $.38. - Auto gross margin ex-reg credits of 12.5% in line with WS estimates. - Total Rev of $19.3B well below WS ests of $21.4B- FCF of $664M way below WS est of $1.1BOn the positive side, TSLA’s plans to launch more affordable vehicles remains on track to start production in 1H. Cybercab is scheduled for volume production on 2026. Company remains on track for pilot launch of Robotaxi in Austin by June. TSLA +1% AH to $239.60.The copyright of this article belongs to the original author/organization.
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