Tesla Q3 Earnings Release: Emphasis on Transition to Autonomous Driving, Robotics, and Energy Businesses
TSLA Tesla Inc
$386.47 +3.41%
View chart & analysis → - 1Tesla recorded more than 480,000 vehicle deliveries for the second consecutive quarter.
- 2The paid FSD subscription rate among North American deliveries exceeded 75% in Q3.
- 3Tesla held more than $1.5 billion in free cash flow and more than $45 billion in cash and investments.
So what's the key point?
Tesla sold more than 480,000 vehicles, and the rate of paid autonomous driving features exceeded 75%. This means the company has more than $45 billion in available cash remaining.
Source The Motley Fool +1 · View original ↗
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