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Tesla | 8-K: Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for First Quarter 2024

SEC announcement · Apr 2 16:50

TSLA +0.01%

Summary by Moomoo AI

On April 2, 2024, Tesla, Inc. filed a Form 8-K with the SEC, announcing its vehicle production and delivery figures for the first quarter of 2024. The company reported producing over 433,000 vehicles and delivering approximately 387,000 vehicles during this period. The record deployment of 4,053 MWh of energy storage products was also highlighted. Tesla attributed the decline in delivery volumes to the ramp-up phase of the updated Model 3 at the Fremont factory and disruptions caused by the Red Sea conflict and an arson attack at Gigafactory Berlin. The detailed financial results for Q1 2024 will be released after market close on April 23, 2024, followed by a live Q&A webcast to discuss the financial and business outcomes. Tesla emphasized that vehicle deliveries and storage deployments are not comprehensive indicators of its financial performance, which is influenced by various factors including average selling price and cost of sales.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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The information summarized by Moomoo AI is generated automatically by a third-party artificial intelligence (AI) model based on the news content. It does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliated companies. Due to implementation limitations and technological capabilities, the AI-generated information quality may vary. You agree that any action you take upon the information on this page is at your own risk. You further agree that MTI and its affiliated companies shall not be held liable for any losses or damages incurred as a result of your use of the above information.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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