As a long-term Tesla investor and follower of Elon Musk’s innovative electric vehicle company, I have seen my fair share of ups and downs in the stock market. Today’s Q2 2024 earnings report left me feeling a bit disappointed, despite the revenue coming in slightly above expectations. The miss on EPS was unexpected and caused Tesla’s stock to take a hit in after-hours trading, dipping below $235.
As a gamer, I’ve just received some exciting news from Tesla (TSLA)! They’ve recently published their Q2 2024 earnings report, giving us insight into their financial progress during the previous months. The report presents an intriguing blend of results as Tesla managed to surpass revenue projections but fell short on EPS (Earnings Per Share).
Tesla released its second quarter 2024 financial results today after the market’s closing. The company announced a quarterly revenue of $25.5 billion, exceeding the projected $24.8 billion figure. However, the earnings-per-share were reported as $0.42, falling significantly short of the anticipated $0.62. Here’s what Tesla stated in their report: [
I was disappointed to see Tesla’s stock dip in after-hours trading, reaching a low of $235.21, following a closing price of $246.38. Adding to my concern, Tesla disclosed that its electric vehicle deliveries had declined compared to the same period last year. Keep tuned to Shacknews for further updates on this week’s finance news.
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2024-07-23 23:57