Tesla, Inc. (TSLA) announced the company is expecting to deliver 360,000 to 400,000 vehicles in 2019, representing a growth of approximately 45% to 65% compared to 2018. In this range, the company expects positive GAAP net income and to generate positive free cash flow in every quarter beyond first quarter, 2019. The company said these results will be substantially driven by its restructuring action and the ongoing financial discipline. For 2019, Tesla projects full-year Model 3 volumes will grow substantially over 2018 due to a full year of high production rates at its Fremont facility.
RTT – Earnings
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