How Tesla Did vs Expectations In Terms of Q2 Earnings
Tesla just reported its second-quarter results and profit, confirmed Semi production details, and Cybertruck Gigfactory in Austin.
Here’s how Tesla CEO Elon Musk’s electric car and renewable energy business did versus analysts’ expectations, according to estimates compiled by Refinitiv.
• Earnings: $2.18 (ex-items) vs. 3 cents per share, expected.
• Revenue: $6.04 billion vs. $5.37 billion, expected.
• Net income: $104 million (GAAP)
Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded TorqueNews.com in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.