Tesla (NASDAQ:TSLA) posted its Q2 2023 earnings report after markets closed right this moment. The outcomes, which had been mentioned within the Q2 2023 Replace Letter, had been launched after the closing bell on Wednesday, July 19, 2023.
Tesla’s earnings come on the heels of yet one more file quarter by way of automobile deliveries and manufacturing. Within the first quarter, Tesla produced 479,700 autos and delivered 466,140. This was regardless of the corporate’s ongoing aggressive pricing methods and a few Mannequin 3 prospects doubtlessly holding off on their automobile purchases as a result of upcoming and highly-anticipated Challenge Highland replace.
The next is a fast overview of Tesla’s Q2 2023 earnings outcomes.
REVENUE
Within the second quarter, Tesla posted revenues of $24.93 billion. As compared, analysts polled by FactSet estimated that Tesla will report gross sales of $24.32 billion in Q2 2023.
EARNINGS PER SHARE
Tesla’s non-GAAP earnings per share for the primary quarter of 2023 was listed at $0.91. As compared, analysts had been calling for adjusted earnings of $0.79 cents a share.
Beneath is Tesla’s Q2 2023 Replace Letter.
TSLA-Q2-2023-Replace by Simon Alvarez on Scribd
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