.@Tesla Q1/2019 Earnings Update Letter is out: – GAAP op. loss of $522M, GAAP net loss of $702M, incl. $188M of non-recurring charges – Cash and cash equivalents of $2.2B at Q1-end – Model 3 gross margin ~20% in Q1 – Revealed Tesla Model Y – Started prod. of #FSD comp.

.@Tesla Q1/2019 Earnings Update Letter is out:

– GAAP op. loss of $522M, GAAP net loss of $702M, incl. $188M of non-recurring charges
– Cash and cash equivalents of $2.2B at Q1-end
– Model 3 gross margin ~20% in Q1
– Revealed Tesla Model Y
– Started prod. of #FSD comp.

— Martin { God of Mars } (@martinengwicht) April 24, 2019

from Twitter https://twitter.com/martinengwicht