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Tesla first-quarter sales rise 74pc, a slight miss – The Australian Financial Review

The electric-car maker reported sales in the first three months of 2021 reached $13.3 billion, falling short of analysts’ expectations.

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Tesla said adjusted net income, excluding stock-based compensation, passed $US1 billion for the first time in company history.
The company, which also makes solar panels and batteries, made only $US16 million in the first quarter of 2020.
In a statement to shareholders, Tesla said first deliveries of the new Model S should start very shortly.
In the outlook section, Tesla said We plan to grow our manufacturing capacity as quickly as possible. Over a multi-year horizon, we expect to achieve 50 per…

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