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24.07.2024

Company news: Tesla’s (TSLA) quarterly earnings miss analysts’ expectations

Tesla (TSLA)  reported Q2 FY2024 earnings of $0.52 per share (versus $0.91 per share in Q2 FY2023), missing analysts’ consensus estimate of $0.61 per share.

The company’s quarterly revenues amounted to $25.500 bln (+2.3% y/y), beating analysts’ consensus estimate of $24.380 bln.

TSLA fell to $226.33 (-8.14%) in pre-market trading.

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