PALO ALTO, Calif., Aug. 21, 2020 (GLOBE NEWSWIRE) — Tesla, Inc. today announced updates to the time, format and location of its 2020 Annual Meeting of Stockholders (the “2020 Annual Meeting”). Tesla also announced information regarding its separate Battery Day event. Although Tesla believes that the best stockholder experience is a fully in-person annual meeting… Continue reading @Tesla: Tesla Announces Updates to 2020 Annual Meeting of Stockholders and Battery Day Event000045
Author: Tesla IR and Blog
@Tesla: Getting Back to Work
Tesla is the last major carmaker remaining in California, and the largest manufacturing employer in the State with more than 10,000 employees at our Fremont factory and 20,000 statewide. We understand the impacts COVID-19 has caused and have a responsibility to look out for the livelihoods and safety of our personnel, many of whom rely… Continue reading @Tesla: Getting Back to Work
@Tesla: Tesla Operational Update
PALO ALTO, Calif., March 19, 2020 (GLOBE NEWSWIRE) — In the past few days, we have met with local, state and federal officials. We have followed and are continuing to follow all legal directions and safety guidelines with respect to the operations of our facilities, and have honored the Federal Government’s direction to continue operating. … Continue reading @Tesla: Tesla Operational Update
@Tesla: 500th Supercharger station in Europe: a milestone in more ways than one
Today, we are announcing the opening of the 500th Supercharger station in Europe – a significant achievement that now includes more than 4700 individual Superchargers enabling seamless travel across 24 countries. Located in London, this landmark station at our Park Royal service center also marks the beginning of the deployment phase of V3 Superchargers outside… Continue reading @Tesla: 500th Supercharger station in Europe: a milestone in more ways than one
Tesla Releases Third Quarter 2019 Financial Results
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Tesla Releases Third Quarter 2019 Financial Results
Oct 23,2019
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Tesla Releases Third Quarter 2019 Financial Results
PALO ALTO, Calif., Oct. 23, 2019 (GLOBE NEWSWIRE) — Tesla has released its financial results for the third quarter of 2019 by posting the Q3 update on its Investor Relations website. Please visit http://ir.tesla.com to view the update.
As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) to discuss the results and outlook.
What:
Tesla Third Quarter 2019 Financial Results Q&A Webcast
When:
Wednesday, October 23, 2019
Time:
3:30 p.m. Pacific Time / 6:30 p.m. Eastern Time
Q3 Update:
http://ir.tesla.com
Webcast:
http://ir.tesla.com (live and replay)
The webcast will be archived on the company’s website following the call.
Source: Tesla, Inc.
Tesla Q3 2019 Vehicle Production & Deliveries
PALO ALTO, Calif., Oct. 02, 2019 (GLOBE NEWSWIRE) — In the third quarter, we achieved record production of 96,155 vehicles and record deliveries of approximately 97,000 vehicles. Production Deliveries Subject to lease accounting Model S/X 16,318 17,400 15 % Model 3 79,837 79,600 8 % Total 96,155 97,000 In addition, we… Continue reading Tesla Q3 2019 Vehicle Production & Deliveries
Introducing Tesla Insurance
Starting today, we’re launching Tesla Insurance, a competitively priced insurance offering designed to provide Tesla owners with up to 20% lower rates, and in some cases as much as 30%. Tesla Insurance offers comprehensive coverage and claims management to support our customers in California, and it will expand to additional U.S. states in the future.… Continue reading Introducing Tesla Insurance
Tesla Releases Second Quarter 2019 Financial Results
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Tesla Releases Second Quarter 2019 Financial Results
Jul 24,2019
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Tesla Releases Second Quarter 2019 Financial Results
PALO ALTO, Calif., July 24, 2019 (GLOBE NEWSWIRE) — Tesla has released its financial results for the second quarter of 2019 by posting the current Update Letter on its Investor Relations website. Please visit http://ir.tesla.com to view the letter.
As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) to discuss the results and outlook.
What:
Tesla Second Quarter 2019 Financial Results Q&A Webcast
When:
Wednesday, July 24, 2019
Time:
3:30 p.m. Pacific Time / 6:30 p.m. Eastern Time
Shareholder Letter:
http://ir.tesla.com
Webcast:
http://ir.tesla.com (live and replay)
The webcast will be archived on the company’s website following the call.
Source: Tesla, Inc.
Model 3 earns 5-Star Safety Rating from Euro NCAP
At Tesla, we’re deeply committed to safety, which is why we engineered Model 3 to be the safest car ever built. In the U.S., Model 3 has already earned an overall 5-star rating from NHTSA (National Highway Traffic Safety Administration), including earning 5-stars in every category and sub-category, and scoring the lowest probability of injury… Continue reading Model 3 earns 5-Star Safety Rating from Euro NCAP
Tesla Q2 2019 Vehicle Production & Deliveries
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Tesla Q2 2019 Vehicle Production & Deliveries
Jul 02,2019
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Tesla Q2 2019 Vehicle Production & Deliveries
PALO ALTO, Calif., July 02, 2019 (GLOBE NEWSWIRE) — In the second quarter, we achieved record production of 87,048 vehicles and record deliveries of approximately 95,200 vehicles. In addition, we made significant progress streamlining our global logistics and delivery operations at higher volumes, enabling cost efficiencies and improvements to our working capital position.
Orders generated during the quarter exceeded our deliveries, thus we are entering Q3 with an increase in our order backlog. We believe we are well positioned to continue growing total production and deliveries in Q3.
Customer vehicles in transit at the end of the quarter were over 7,400. Due to the order-to-VIN matching process we described in our Q1 2019 Shareholder Letter, which we extended to Model S and Model X in Q2 to improve process efficiency, this metric has become less relevant. As a result, we do not plan to disclose the customer vehicles in transit metric going forward.
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Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q2 earnings. 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. We count a produced but undelivered vehicle to be in transit if the related customer has placed an order or paid the full purchase price for such vehicle. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.
Forward-Looking Statements
Certain statements herein, including statements regarding expected future vehicle deliveries and production, are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.
Source: Tesla, Inc.