Tesla posts 24% revenue growth in 1st quarter

- Revenue of electric carmaker rises 24.6% to $23.3 billion in January-March period

US-based electric carmaker Tesla saw its revenue grow 24% annually, according to its financial results statement released Wednesday.

The firm’s total revenue rose 24.6% to $23.3 billion in the January-March period from $18.7 billion in the same period last year.

Net income attributable to common stockholders, on the other hand, fell 24% to $2.5 billion from $3.3 billion.

Tesla's stock price was down 4.2% in after-hours trading on the Nasdaq at $172.98 per share after closing the session at $180.59.

By Ovunc Kutlu

Anadolu Agency

energy@aa.com.tr