Tesla Reports Mixed Q1 Results, Vehicle Production Up 64% YoY


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Tesla Inc (NASDAQ:TSLA) reported mixed results following its first quarter earnings release after the close Wednesday.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

  • Q1 Adj. EPS $(1.33), missing estimates by $0.52
  • Q1 Sales $2.7B, beating estimates by $100 million• Tesla Sees Q2 GAAP, Adj. Opex Flat to up slightly on QoQ basis
  • Model 3 Is On Track For Initial Production In July
  • Had $4 billion in cash on hand heading in Q2
  • Vehicle Production In Q1 was up 64% YoY to 25,051 Units

At last check, shares of Tesla were nearly unchanged in volatile after-hours trading. The stock closed at $310.77.

Posted In: EarningsNewsAfter-Hours CenterTesla