Tesla delivers record 480,126 vehicles, misses earnings with $0.33 EPS

Tesla posted record vehicle deliveries of 480,126 and revenue of $28.24 billion, but the quarter fell short of earnings expectations. Non-GAAP EPS was $0.33, undershooting forecasts by 38.51%, while the company also faced financial strain from negative free cash flow of $1.0 billion. The figures point to continued demand for Tesla vehicles, but also highlight pressure on profitability and cash generation even as sales hit a new high.

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