Tesla Q2 2023 Earnings Report: Profitable Again, Beat Expectations

  • 📰 InsideEVs
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Tesla Q2 2023 Earnings Report: Profitable Again, Beat Expectations via InsideEVs

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 579. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla earnings: What to expect from the Cybertruck makerTesla earnings arrive Wednesday amid a rally for Tesla stock and Cybertruck's arrival.
Source: MarketWatch - 🏆 3. / 97 Read more »

Here's what Wall Street is looking for in Tesla's 2nd-quarter earnings'Margins, margins, margins': Here's what Wall Street is looking for in Tesla's 2nd-quarter earnings
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tesla earnings history, expectations, dividends, projectionsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »