Tesla First Quarter 2018 Update (quarterly results / shareholder deck)
Model 3 production hit 2,270/week in April for the 3 rd straight week over 2,000; Q1 Auto GAAP gross margin up sequentially by 80 bp and non-GAAP by 500 bp; Cash balance of $2.7 billion at the end of Q1; 2018 Capex projection reduced from >$3.4 billion to <$3 billion