Tesla has released financial results for the fourth quarter and full year ended December 31, 2013, by posting the current Shareholder Letter, which can be found at the following link on the investor relations section of the Tesla website:http://files.shareholder.com/downloads/ABEA-4CW8X0/2612790357x7382497x727013/9885dd26-2e82-4052-b171-3685fd8150b3/Q4’13%20Shareholder%20Letter.pdf
• Record 6,892 Model S vehicles sold and delivered in Q4 • World’s highest Consumer Reports customer satisfaction score of 99/100 • Q4 auto gross margin of 25% with no zero emission vehicle (ZEV) credit revenue • Supercharger network built across most of USA and Northwest Europe • Net income of $46M and $0.33 EPS (non-GAAP), loss of $16M and $(0.13) EPS (GAAP) in Q4 • Positive free cash flow of $40M in Q4 • Expecting over 55% vehicle delivery growth in 2014 and 28% auto GM by Q4
As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the company’s financial and business results and outlook. To access the webcast, go to http://ir.teslamotors.com. Under “Events & Presentations,” you will see a link to the Tesla Fourth Quarter 2013 Financial Results Q&A Webcast; click on that. Click on “Listen to webcast,” which should take you to a registration page. Once you’ve completed that information, you should be taken to the webcast page. Again, the webcast itself will begin at2:30 p.m. Pacific Time (5:30 p.m. Eastern Time)
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