Tesla’s Profit Margins Slip Amidst Price Cuts, Impacting Earnings

Tesla (Nasdaq: TSLA) reported Q2 revenue of $24.9 billion, exceeding analysts’ estimates of $24.51 billion. Adjusted EPS came in at $0.91, higher than the anticipated $0.81. This marks a slight gain from Q1 and an impressive increase of over 45% compared to the same period last year. Tesla’s reported adjusted net income of $3.1 billion, … Continue reading Tesla’s Profit Margins Slip Amidst Price Cuts, Impacting Earnings