Tesla reduced its net profit by 55% in the first quarter, to $1,129 million

MADRID, 24 Abr. (EUROPA PRESS) -

The American electric car manufacturer Tesla recorded an attributable net profit of $1,129 million in the first quarter of the year, which represents a reduction of 55% compared to the $2,513 million recorded in the same period of 2023, according to estimates. accounts presented by the company.

In this sense, the company's operating margin closed the first quarter of the year at 5.5%, which is 5.9 percentage points less than in the same period of the previous year, when it stood at 11.4%. .

Likewise, the company led by Elon Musk has decreased its income to $21,301 million in the first quarter of the year, 9% less than the $23,329 million it billed between January and March 2023.

Likewise, the adjusted gross operating result (Ebitda) until March was $3,384 million, 21% less than the $4,267 million in the first quarter of 2023.

Tesla justifies this decrease in volumes to the update of its Model 3 production ramp at the Fremont (California) factory and to "factory closures resulting from shipment diversions caused by the Red Sea conflict and an attack on the Gigafactory Berlin," the statement explains.

In addition, the tycoon's company has announced that it will update its future range of vehicles that will include more affordable models.