AI illustration: Tesla profitable in Q1 2019 and all quarters going forward
Missed

Tesla profit 2019: 'profitable in Q1 and all quarters,' missed

Elon Musk promised Tesla profitable in Q1 2019 and every quarter after by Mar 31, 2019. The deadline passed and it didn't happen.

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“I'm optimistic about being profitable in Q1. Not by a lot, but I'm optimistic about being profitable in Q1 and for all quarters going forward.”
What actually happened

Musk was optimistic about a Q1 2019 profit and every quarter after. Tesla reported a Q1 2019 GAAP net loss of $702 million. CNBC Apr 24 2019 — Tesla Q1 2019 loss ↗

The Progression

Jan 30, 2019
The promise: “I'm optimistic about being profitable in Q1. Not by a lot, but I'm optimistic about being profitable in Q1 and for all quarters going forward.” · Tesla Q4 2018 earnings call, Jan 30 2019 (transcript) ↗
Mar 31, 2019
Deadline passed. Musk was optimistic about a Q1 2019 profit and every quarter after. Tesla reported a Q1 2019 GAAP net loss of $702 million. CNBC Apr 24 2019 — Tesla Q1 2019 loss ↗
Today · Oct 12, 2026
Status: Missed · 2,752 days past due. Never happened.

On Tesla's January 2019 earnings call Elon Musk said he was optimistic Tesla would be profitable in the first quarter of 2019 and in all quarters after. Tesla lost $702 million that quarter.

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Receipts

LAST CHECKED 2026-10-11

Tesla’s record

Delivered
70
53% of resolved claims delivered.
Missed
63
Deadline passed, still no-show.
Still open
37
On the clock now. All 170 Tesla claims →

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