Tesla
i i a profitability operating margin operating income net income non net income cash operating cash flow of free cash flow of increase in our cash and investments to operations factory tooling on track producing builds model became the best selling vehicle globally in was a record quarter on many levels with our best ever production and deliveries and revenue approaching in a single quarter we are excited that we were able to achieve such results given the environment we are currently in our operating margin remained healthy at approximately even with price reductions in and early this reflects our ongoing cost reduction efforts the continued production ramp success in berlin and and the strong performance of our energy and services other businesses our commitment to being at the forefront of development entered a new chapter with the start of production of training computers we are hopeful that our immense neural net training needs will be satisfied using our in house designed hardware the better the neural net training capacity the greater the opportunity for our autopilot team to iterate on new solutions in conclusion we are focusing on cost reduction new product development that will enable future growth investments in better vehicle financing options continuous product improvement and generation of free cash flow the challenges of these uncertain times are not over but we believe we have the right ingredients for the long term success of the business through a variety of high potential projects highlights summary loo | Tesla
Company
Deck Type
Deck date
July 2023
Slide
3 of 27
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