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Tesla (TSLA) Q2 2024 earnings results beat revenue expectations, miss EPS estimates

Tesla stock was down in after-hours trading following the release of its latest earnings report.
Donovan Erskine
Donovan Erskine
Tesla
4

Tesla (TSLA) has published its Q2 2024 earnings report, providing a detailed recap of its financial performance over the past few months. It’s a bit of a mixed bag as the EV company wrote down a beat on revenue expectations but a miss on EPS.

Tesla published its Q2 2024 earnings report shortly after markets closed today. It’s here that the company reported a revenue of $25.5 billion in the quarter, beating the expectation of $24.8 billion. Tesla’s earnings-per-share were $0.42, which comes in considerably below the $0.62 expectation. The following statement was provided in the report:

Tesla stock was down as low as $235.21 in after-hours trading after ending the day at $246.38. Tesla also announced that its EV deliveries decreased year-over-year. Stick with Shacknews for more of the week's biggest finance news.

News Editor
News Editor

Donovan is a journalist from Maryland. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge film fanatic and will talk with you about movies and games all day. You can follow him on twitter @Donimals_

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