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home / news releases / TSLA - Tesla: These Results Are Way Too Weak

TSLA - Tesla: These Results Are Way Too Weak

Tesla Inc.

2024-07-23 18:51:14 ET

Summary

  • Tesla, Inc. reported Q2 earnings with revenues higher than expected, but profits fell off a cliff.
  • Profitability remains under pressure, with earnings per share down from the previous year, causing a negative market reaction.
  • The lack of disruption in the Berlin Gigafactory during Q2 partially explains the better revenue performance compared to Q1.

Article Thesis

For further details see:

Tesla: These Results Are Way Too Weak
Stock Information
Company Name: Tesla Inc.
Stock Symbol: TSLA
Market: NASDAQ
Website: tesla.com
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