Tesla to announce first quarter financial results on April 29

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After announcing a record number of deliveries in the first quarter of 2020, Tesla will announce the important financial results later this month.

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The automaker announced Wednesday that it will post its first quarter financial results after markets close on Wednesday, April 29th. At 3:30pm PST, Tesla will hold a live question and answer webcast to discuss the results and outlook for the remainder of the year.

The first quarter was a tough one for all automakers as the coronavirus outbreak shut down factories and slowed sales. Despite that, Tesla posted a record 88,400 vehicles delivered in the quarter.

Analysts polled so far expect Tesla to post an adjusted loss of 25 cents per share on sales of $6.2 billion (via MarketWatch). In Q1 2019, Tesla reported a loss of $4.10 per share on sales of $4.5 billion, with a net loss of $702 million.

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