3min chapter

Ride the Lightning: Tesla Motors Unofficial Podcast cover image

Episode 403: Q1 Earnings Call Recap, Highlights, and Analysis

Ride the Lightning: Tesla Motors Unofficial Podcast

CHAPTER

Tesla's Shareholder Letter

Tesla's quarterly cash, cash equivalents and investments increased sequentially by $217 million to $22.4 billion in Q1. The Cybertruck vehicle program still very much in the red, right? It's going to take a while for the Cybertruck to actually become profitable as a vehicle platform because they still haven't sold any. So even with that, more and more money goes into the profit pile.

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