Tesla 2nd-Quarter Earnings Miss Wall Street Expectations
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Tesla profit plunges in 2nd quarter
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Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income plunging 16% and automot
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News Nation on MSNTesla revenue falls in Q2, Elon Musk set to take questionsTesla began testing a robotaxi service in Austin, Texas and Musk has vowed that the service will quickly spread to other cities, eventually reaching hundreds of thousands
The combination of in-line results and no real guidance update has turned Tesla's earnings into "very much a non-event," said Garrett Nelson, an analyst with CFRA. That means that the post-earnings call with analysts will be even more the focus,
Tesla’s sales plunge over the last 18 months has been a stunning turn for a company that recorded only one quarterly year-over-year sales drop before 2024. And the company faces significant trouble ahead.