Tesla Is About To Announce Q1 Revenue, Wall Street Is Expected To Grow 72% To 10.29 Billion USD

Tesla’s official website shows that it will release the first quarter of 2021 after the US stock market closes on April 26, Eastern Time.

After both production and delivery hit new highs, Tesla's performance in the first quarter of 2021 has also attracted much attention. Wall Street generally predicts that the company's revenue in the first quarter was $10.29 billion, an increase of 72% year-on-year. In contrast, the company's revenue for the fourth quarter of 2020 was $10.74 billion.

In addition, Wall Street predicts that if it is not calculated in accordance with the United States General Accounting Principles (non-GAAP), Tesla's earnings per share in the first quarter of 2021 will be $0.79, an increase of 216% compared to the same period last year.

Previously, on April 2nd, Tesla announced the first quarter of 2021 production and delivery both hit new highs and exceeded expectations.

According to the data, the company produced 180,338 electric vehicles in the first quarter and delivered 184,800 electric vehicles, a year-on-year increase of 109% and a month-on-month increase of 2.2%. Among them, Model 3 and Model Y delivered a total of 182,780 vehicles, and Model S and Model X delivered a total of 182,780 vehicles. 2020 vehicles.

For this year's output and deliveries, Tesla has not yet released specific data. However, the company expects that this year's car deliveries will increase by more than 50% compared to 2020.

Foreign media said that the company's continued increase in the production of its new Model 3 and its new Model Y production line in its global factories are expected to become the main catalyst for vehicle deliveries this year