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Tesla earnings match forecasts amid slump in vehicle sales
Vehicle deliveries were down 13% year-over-year to 384,112, with the Model 3 and Y seeing sales of 373,728 while other models saw sales of 10,394. The slump in sales saw Tesla report $16.7 billion in automotive revenue in the quarter, down 16% year-over-year.
Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive ...
Follow live news and analysis of the EV maker's quarterly results, which were released Wednesday after the market closed.
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Tesla misses Wall Street expectations on revenue, earnings per share in second quarter earnings
Tesla had previously reported deliveries of more than 384,000 vehicles in the quarter—a drop of more than 13% from the ...
AI positivity drove Alphabet's shares to new heights, but Musk's "rough quarters" warning saw Tesla's share price slump ...
Analysts expect the Austin, Texas-based company to report quarterly earnings at 40 cents per share, down from 52 cents per ...
Tesla reported a drop in third-quarter earnings as the electric vehicle maker fell short of Wall Street expectations. Tesla reported adjusted earnings of $2.3 billion in the quarter, or 66 ...
Tesla is slated to report second-quarter results after the market closes on Wednesday, after deliveries fell short of ...
Tesla’s $0.45 profit per share was far short of average analyst estimates of $0.49 earnings per share in the first quarter of 2024, according to data compiled by FactSet, and its $21.3 billion ...
The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong ...
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