Saturday, May 10, 2025
Phonemantra
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
Phonemantra
No Result
View All Result
Home Electric Cars

Tesla net profit in the first quarter amounted to $ 16 million

 

Electric vehicles sold for $ 5.132 billion per quarter

Tesla published a report for the first quarter of 2020. During the reporting period, the company managed to manufacture 102,672 electric vehicles and 1917 charging stations for them. 88 496 electric vehicles were delivered by customers, which is 21% less than in the previous quarter, but 40% more in annual terms.

tesla-logo

Sales of electric vehicles brought the company $ 5.132 billion, and all quarterly revenue was $ 5.985 billion. Compared to the previous quarter, this indicator decreased by 19% but increased by 32% over the year.

Operating profit for the quarter was $ 283 million. It decreased by 21% compared with the previous quarter but increased by 154% in annual terms.

The quarter resulted in a net profit of $ 16 million. For comparison: in the previous quarter, net profit was equal to $ 105 million, and a year ago, net losses of $ 702 million were recorded.

At the end of the quarter, the company had $ 8.08 billion in cash and cash equivalents at its disposal.

  • 0Facebook
  • 0WhatsApp
  • 0Twitter
  • 0Pinterest
  • 0Reddit
  • 0Telegram
  • 0Skype
  • 0Facebook Messenger
  • Copy Link
  • 0Print
  •  shares

Related Posts

Tesla Begins Hiring in India
Automobiles

Tesla Begins Hiring in India Following Musk-Modi Meeting

February 18, 2025
Innova EV
Cars

Toyota Innova EV – A Future of Electric MPVs

February 18, 2025
Tata Punch EV City Long-Term Report: Review of The Good and The Bad
Electric Cars

Tata Punch EV City Long-Term Report: Review of The Good and The Bad

December 30, 2024
Toyota Camry Hybrid: A Game-Changer in the EV Battle - 2024 Edition
Electric Cars

Toyota Camry Hybrid: A Game-Changer in the EV Battle – 2024 Edition

December 18, 2024 - Updated on December 19, 2024
Ford Mustang Mach-e Electric SUV
Car

Ford Mustang Mach-E Gallops Closer to India: Trademarked but Will it Charge In?

February 15, 2024
Kia EV9 Electric SUV
Car

Kia EV9 Spotted Testing in India: Unveiling the Future of Electric SUVs

February 15, 2024

Recommended Stories

“Threat to Sovereignty”: India Banned 118 More Apps From Chinese Companies, Including PUBG Mobile

September 3, 2020 - Updated on December 8, 2022
my knee hurts when i bend it and straighten it

Knee Pain Causes and Solutions for Bending and Straightening Discomfort

September 11, 2023
does coffee stunt your growth

Does Coffee Stunt Your Growth Debunking the Myth and Unveiling the Truth

September 28, 2023

Ads

Popular Stories

  • Did You Gain the Quarantine 15

    Did You Gain the Quarantine 15?

    0 shares
    Share 0 Tweet 0
  • How to Protect Kids from Summer Insect Bites and Stings

    0 shares
    Share 0 Tweet 0
  • Six Savvy Tips for Snoozing More Soundly

    0 shares
    Share 0 Tweet 0
  • Reversing Prediabetes Naturally

    0 shares
    Share 0 Tweet 0
  • What’s Hurting Your Eyes and Ears

    0 shares
    Share 0 Tweet 0
Phonemantra

© 2025 Phonemantra

Navigate Site

  • Our Team
  • Sitemap
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming

© 2025 Phonemantra