---
title: $TSLA Tesla Q1 FY24:
description: "• Deliveries -9% Y/Y to 386K.\n• Revenue -9% Y/Y to $21.3B ($1.0B miss).\n*Automotive -13%\n*Energy Gen. & Storage +7%\n• Gross margin 17% (-2pp Y/Y).\n• Operating margin 5% (-6pp Y/Y).\n• Capex +34% Y/Y to $2.8B.\n• Free cash flow (outflow) ($2.5B).\n• Non-GAAP EPS $0.45 ($0.05 miss) and -53% yoy\nSource: App Economy Insights"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [$TSLA Tesla Q1 FY24:](https://blog.syzgroup.com/syz-the-moment/tsla-tesla-q1-fy24)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 24, 2024, 3:56:59 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/tsla-tesla-q1-fy24)

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