Tesla tanks despite second-quarter earnings beat. Here's how to play the stock

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Tesla tanks despite second-quarter earnings beat. Here's how to play the stock
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Pros on CNBC discussed Tesla after shares fell despite reporting an all-time high quarterly revenue and Q2 earnings beat.

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Market Movers rounded up the best reactions from investors and analysts on Tesla . The pros, including Jim Cramer , discussed the electric-vehicle maker the day after it released second-quarter results.

Late Wednesday, Tesla reported earnings of 91 cents per share and revenue of $24.93 billion, both higher than analysts' estimates. Despite the beats and announcing its best-ever quarterly revenue, Tesla's operating margin dipped to 9.6%. The stock closed 9.7% lower Thursday.

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CNBC /  🏆 12. in PT
 

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