Tesla Reports Mixed Q2 Earnings: Revenue Beats Estimates but Margins Decline
Tesla reported second-quarter revenue of $28.2 billion, exceeding analyst estimates, but earnings per share fell short at 33 cents versus expected 55 cents. The company delivered a record number of vehicles (480,126), up 25% year-over-year, though net income dropped by 17%. Mixed results reflect challenges in maintaining margins amid aggressive growth.
Tickers: $TSLA
Topics: margins net income Q2 earnings revenue Tesla vehicle deliveries