Tesla’s (NASDAQ:TSLA) fourth-quarter earnings call comes on the heels of yet another blockbuster quarter that saw the electric car maker posting $7.38 billion in revenue and an earnings per share of $2.14, beating the Street’s estimates.
As revealed in the company’s Q4 and Full Year 2019 Update Letter, Tesla is GAAP profitable once more and is likely on track towards even more stable financial ground. The company generated $1.1 billion of free cash flow for the year, propelled in part by the sustained, stable demand for the Tesla Model 3.
For today’s earnings call, Tesla executives are expected to address questions surrounding the company’s plans for the coming year, as well as the electric car maker’s upcoming projects such as Giga Berlin and the ongoing expansion of Giga Shanghai.
The following are live updates from Tesla’s Q4 2019 earnings call. I will be updating this article in real-time, so please keep refreshing the page to view the latest updates on this story.
15:30 PT – And it’s time for the earnings call to begin. But so far, it seems like the call will be starting a bit later than expected. Elon Time V2? Let’s see.
15:20 PT – Hello and good day, everyone, and welcome to yet another Live Blog coverage of Tesla’s earnings report. With the electric car maker posting yet another profitable quarter. I’m no prophet, but there’s a good chance that 2020 will be far kinder to TSLA shareholders than 2019.
