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Tesla says mass production of electric Semi to begin this year [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Speaking during Tesla's Q1 earnings call, Musk said the company will “begin production of our semi-truck soon,” cautioning that output will ramp slowly at first before accelerating later in the year and into 2027. The company reiterated in its shareholder update that both the Tesla Semi and its Cybercab robotaxi platform are “on schedule for volume production starting in 2026,” as Tesla expands manufacturing capacity and supply chains to support new products. Austin, Texas-based Tesla (NASDAQ: TSLA ) released its first-quarter earnings Wednesday and held a conference call with analysts after the market closed. Financials beat on revenue growth, margins improve Tesla reported Q1 revenue of $22.4 billion, up 16% year over year, driven by higher vehicle deliveries, stronger services revenue and improved pricing. Net income (GAAP): $477 million Operating income: $941 million Free cash flow: $1.4 billion Operating margin came in at 4.2%, while adjusted EBITDA reached $3.7
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