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Q1-23 Earnings Discussion (04.20.23)
Tesla Daily: Tesla News & Analysis
Tesla Updates Mobile App Version 4.20.69
In Q4 under profitability, they also listed foreign exchange as a negative $300 million impact. So it's not fair to just put that right back into margins. This implies that foreign exchange also negatively impacted Tesla's cost of goods sold at a similar rate as it did revenue. It looks like the Volkswagen ID series is actually going to be eligible for the full credit. And then finally today, last but certainly not least with the first integrated test flight of Starship and Super Heavy, it did clear the launchpad; stage separation though was not successful.
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