[ad_1]
Tesla will present the results of Norwegian time for the first quarter of 2020 on Wednesday night.
The recent report shows that the electric car maker can report earnings for the third consecutive quarter, according to CNBC.
– Despite operational challenges worldwide, the company delivered its best quarter measured in production and deliveries. We assume that the company is well positioned to deal with short-term uncertainty while maintaining our long-term goals, the company writes in the report.
This is what the quarterly figures look like:
- Earnings per share (EPS): $ 1.24, versus minus $ 2.9 in the same period last year.
- Sales of $ 5.9 billion, compared to $ 4.5 billion in the first quarter of 2019.
- Net income of $ 16 million, compared to less $ 702 million in the same quarter last year.
- Operating income of $ 283 million in the quarter, compared to less $ 522 million in the same quarter of 2019.
- Number of cars produced: 102,672, against 77,138 in the first quarter of 2019.
- Number of deliveries: 88,496 in the quarter, compared to 63,019 in the same period last year.
Earlier this week, it became clear that Chief Executive Elon Musk had to cancel plans to bring workers back to the Fremont, California plant, which produces cars for North America and Europe.
This happened after local authorities expanded infection control measures. (Terms)Copyright Dagens Næringsliv AS and / or our suppliers. We want you to share our cases using a link, which links directly to our pages. Copying or any other use of all or part of the content may only be made with written permission or as permitted by law. For more terms see here.
