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Strong consumer demand and $5.4 billion of cash on hand
KEY Figures:
● Revenue of $57.7M driven by customer deliveries of 360 vehicles in Q1 2022
● Net loss was $81.3 million and decreased 92.3% Q/Q
● Cash and Cash Equivalents was $5.39B and decreased 13.9% Q/Q
● R&D expense was $186.1 million in line with the consensus estimate.
More statistics:
KEY Points:
● Strong consumer demand for Lucid Air with reservations exceeding 30,000 as of May 2022, reflecting pote...
KEY Figures:
● Revenue of $57.7M driven by customer deliveries of 360 vehicles in Q1 2022
● Net loss was $81.3 million and decreased 92.3% Q/Q
● Cash and Cash Equivalents was $5.39B and decreased 13.9% Q/Q
● R&D expense was $186.1 million in line with the consensus estimate.
More statistics:
KEY Points:
● Strong consumer demand for Lucid Air with reservations exceeding 30,000 as of May 2022, reflecting pote...
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All you need to know about this earnings season
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Key Takeaways:
Attitude: The Q1 of 2022 was another record quarter for Tesla by several measures such as revenues, vehicle deliveries, operating profit and operating margin. The management is excited to see people passionate about mass manufacturing and a sustainable future.
Guidance: Tesla remains confident of a 50% growth in vehicle pr...
Touch the wealth collection NOW! >>
Key Takeaways:
Attitude: The Q1 of 2022 was another record quarter for Tesla by several measures such as revenues, vehicle deliveries, operating profit and operating margin. The management is excited to see people passionate about mass manufacturing and a sustainable future.
Guidance: Tesla remains confident of a 50% growth in vehicle pr...
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