What’s more, Tesla said it expects to increase vehicle deliveries by more than 50% this year from the 2020 total.
The company said that it sold some of the $1.5 billion worth of bitcoin that it purchased in February, contributing $101 million to the bottom line.
What is more, sales of regulatory credits to other auto makers to help them meet emissions mandates, which carry a 100% profit margin, reached $518 million.
Shares are down about 16% from the peak in early January, but Tesla’s market value still tops $700 billion, or more than five times the combined value of Ford and General Motors .