As a dedicated Tesla investor and follower of Elon Musk’s innovative electric vehicle empire for years, I have seen my fair share of earnings reports and market reactions. This Q2 2024 report, however, left me feeling a bit uneasy.
I just got the latest update on Tesla’s Q2 2024 earnings report, and the market is responding in after-hours trading. The electric vehicle (EV) giant announced an adjusted EPS of $0.42 per share and revenues amounting to $25.5 billion. However, the EPS fell short of both the “whisper number” and analyst prediction. On a positive note, Tesla’s revenues surpassed Wall Street analysts’ expectations of $24.8 billion.
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2024-07-23 23:27