Tesla delivers 25,000 vehicles in Q1, up 69% since last year.

[Morgen]

[QUOTE]PALO ALTO, CA -- (Marketwired) -- 04/02/17 -- Tesla (NASDAQ: TSLA) delivered just over 25,000 vehicles in Q1, of which approx 13,450 were Model S and approx 11,550 were Model X. This was[B] a new quarterly record[/B] for us and represents a 69% increase over Q1 2016. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5%.

In addition to Q1 deliveries, about 4,650 vehicles were in transit to customers at the end of the quarter. These will be counted as deliveries in Q2 2017.

Q1 production totaled 25,418 vehicles. This was also a new quarterly record for us.
[/QUOTE]
[url]http://ir.tesla.com/releasedetail.cfm?ReleaseID=1019685[/url]

[TornadoAP]

According to MSRP, that would mean Tesla made about 1.9 Billion off these cars in total, and even if only 10% was actually profit, that's 200 million in profit. Not bad.

[Morgen]

[QUOTE=TornadoAP;52051255]According to MSRP, that would mean Tesla made about 1.9 Billion off these cars in total, and even if only 10% was actually profit, that's 200 million in profit. Not bad.[/QUOTE]

Tesla have got their profit margin per car to around 30% now with a roughly average sale price of $100,000. So potentially 750 million automotive profit but all of this was likely consumed by the Model 3 and gigafactory so I'm not expecting a profit.