Part 10/15:
Musk also emphasized that the cost to produce each vehicle will remain stable, even as production scales up and more lower-margin vehicles are introduced. This underlines Tesla’s focus on maintaining healthy margins while expanding volume.
Market and Financial Snapshot
Tesla’s stock experienced a slight dip post-earnings, sliding about 4.25% in after-hours trading. The company reported a solid free cash flow of $4 billion for the quarter, bolstered by inventory reductions and operational efficiencies. Cash reserves are robust at approximately $42 billion, strengthening Tesla’s financial position.