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Episode 351: Tesla Q1 Earnings Call Recap and Analysis

Ride the Lightning: Tesla and EV Podcast

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Tesla's $3.3 Billion Profit in Q1 2022

Tesla had a record $3.3 billion profit in Q1 2022, and they are now sitting on $18 billion of cash on hand. In the shareholder letter, Tesla says very simply, quote, we have sufficient liquidity to fund our product roadmap, long-term capacity expansion plans, and other expenses. You talk about living rent free in the minds of your competition.

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