Tesla Q2 2023 Earnings Report: Profitable Again, Beat Expectations

Tesla just released its Q2 2023 earnings report and the numbers are solid. Tesla again turned a profit, which makes that fifteen quarters in a row in which Tesla has reported a profit. Tesla even managed to beat expectations last quarter.$ 0.91 profit per share ~ $0.80 to $0.87 per shareAs you can see, Tesla beat both profit and revenue expectations.production and deliveries and revenue approaching $25B in a singlethe macroeconomic environment we are currently in.

Tesla adds that the Cybertruck factory tooling is on time and mentions that a next-generation platform is in development.. At 466,140 global deliveries of the Model Y, Model 3, Model S and Model X combined, Tesla beat expectations and set a new all-time delivery record.More information to follow from details released on the conference call later today.

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