I’m looking forward to seeing what this will do to the share price tomorrow.
And some things I found interesting:
- Revenue more than doubled from the same quarter last year... Increased to almost $2.3 billion from $936 million
- The $29 million profit is GAAP profit.
- Gross margin is over 27%
- Cash flow positive to the tune of $176 million.
These numbers are far better than I expected. I wasn’t expecting them to report any profits until the Model 3 was launched.