Tesla, Inc.'s (TSLA) CEO Elon Musk on Q1 2021 Results - Earnings Call Transcript

Apr. 27, 2021 12:59 AM ETTesla, Inc. (TSLA)55 Comments
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Tesla, Inc. (NASDAQ:TSLA) Q1 2021 Earnings Conference Call April 26, 2021 5:30 PM ET

Company Participants

Martin Viecha - Senior Director, Investor Relations

Elon Musk - Chief Executive Officer

Zachary Kirkhorn - Chief Financial Officer

Lars Moravy - Vice President, Vehicle Engineering

Andrew Baglino - Senior Vice President, Powertrain and Energy Engineering

Conference Call Participants

Pierre Ferragu - New Street Research

Rod Lache - Wolfe Research

Dan Levy - Credit Suisse


Good day, ladies and gentlemen, and thank you for standing by, and welcome to the Tesla First Quarter 2021 Results and Q&A Webcast. At this time, all participants are in a listen-only mode. After the presentation, there will be a question-and-answer session. Please be advised that today’s conference is being recorded. [Operator Instructions]

I will now hand the conference over to your speaker today, Martin Viecha, Senior Director of Investor Relations.

Martin Viecha

Thank you, Carmen, and good afternoon, everyone, and welcome to Tesla’s first quarter 2021 Q&A webcast. I am joined today by Elon Musk; Zachary Kirkhorn, and a number of other executives. Our Q1 results were announced at about 1 p.m. Pacific Time in the update deck we published at the same link as this webcast.

During this call, we will discuss our business outlook and make forward-looking statements. These comments are based on our predictions and expectations as of today. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in our most recent filings with the SEC.

During the question-and-answer portion of today’s call, please limit yourself to one question and one follow-up. [Operator Instructions]

But before we jump into Q&A, Elon has some opening remarks. Elon?

Elon Musk

Great. Thank you. So Q1 2021 was a record quarter on many levels. Tesla achieved record production, deliveries and surpassed $1 billion

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