Tesla (TSLA) FY24Q1 Earning Viz

Tesla, Inc. is an American multinational automotive and clean energy company headquartered in Austin, Texas, which designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.

10-Q

Summary

• Decline in revenues QOQ because of seasonality, uncertain macroeconomic environment. Margins in Energy business reaching a record of 24.6%. Deployments +75% in FY24 vs FY23.
• Negative free cash flow of $2.5B driven by elevated spend on CapEx including AI and increase in inventory due to mismatch between builds and deliveries.
• FSD: pure AI-based self-driving, over 300 billion miles that have been driven with FSD V12. In conversations with one major automaker regarding licensing FSD.
• Optimus: Doing useful tasks in natural factory by EOY & Sell it externally by the end of next year.
• Robotaxi (Cybercab): Showcase in August.