) reports second quarter results after the bell on Tuesday, with investors eying the EV-maker’s future vehicle roadmap, robotaxi rollout, and other initiatives such as AI and Tesla Energy.
As for the quarter itself, Tesla is expected to report Q2 revenue of $24.59 billion per Bloomberg consensus, higher than the $21.30 billion it reported in Q1, but a shade lower than the $24.93 Tesla reported a year ago. The street expects Tesla to post adjusted EPS of $0.60, on adjusted net income of $2.15 billion, and operating profit of $1.88 billion, per Bloomberg.
“We believe the Tesla demand story has made a shift for the positive after a rough last 6-9 months with stronger than expected 2Q deliveries earlier this month marking a major "turning point" in the Tesla bull case story looking ahead into 2H24/2025,” Ives said.was a disclosure that it deployed 9.4 GWh of battery energy storage, its highest quarterly amount ever, and more than double the amount of battery storage the company deployed in the first quarter.
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