Tesla Q2’24 Recap: Revenue Surges to $25.5B, EPS Misses at $0.52, Strategic Focus on New Models and Profitability Targets

Earnings Per Share (EPS):   – Actual EPS was $0.52, slightly below the estimated $0.62, indicating a shortfall. Revenue:   – Tesla reported revenue of $25.5 billion, surpassing the expected $24.38 billion, demonstrating better-than-anticipated performance. Total GAAP Gross Margin:   – The GAAP gross margin was 18%, exceeding the estimated 17.4%, reflecting strong profitability. Automotive Gross Margin (excluding … Continue reading Tesla Q2’24 Recap: Revenue Surges to $25.5B, EPS Misses at $0.52, Strategic Focus on New Models and Profitability Targets