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TSLA Market Action: 2018 Investor Roundtable

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GREAT !

GAAP net income of $312M, non-GAAP net income of $516M 
Operating income of $417M and operating margin of 6.1% 
Free cash flow of $881M supported by operating cash flow of $1.4B 
$3.0B of cash and cash equivalents at Q3-end, increased by $731M in Q3 
Model 3 GAAP and non-GAAP gross margin > 20% in Q3 
Reaffirm expectation of continued GAAP net income and free cash flow in Q4
 
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