Category: Finance
Tesla reported Q2 2024 earnings with adjusted EPS of $0.42 and revenues of $25.5 billion, exceeding analyst estimates. The company achieved record revenues in its Energy Storage business and saw a sequential rebound in vehicle deliveries. Despite challenges, Tesla remains focused on cost reduction and growth in AI and autonomous driving initiatives, with plans for new vehicle models on track for production in 2025.
Keywords: Tesla, Q2 2024 earnings, Electric Vehicles
Update At: 7/24/2024