Quartz·1 min read·medium

Tesla revenue climbed 26% but profit fell short of Wall Street expectations

Colleen Cabili
AI Summary

Tesla reported a 26% increase in revenue driven by record vehicle deliveries. However, the company missed Wall Street's earnings per share expectations and reported negative free cash flow.

Record deliveries drove a 26% revenue gain, but earnings per share came in well below analyst forecasts and free cash flow turned negative

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