TSL reported a net profit of 1.172 billion USD in the second quarter, a decrease of 20.7% compared to the same period last year.

Golden Finance reports that Tesla's revenue for the second quarter was $22.5 billion, a year-on-year decrease of 12%, with an estimate of $22.64 billion. The net profit for the second quarter was $1.172 billion, a year-on-year decrease of 20.7%, while the market expectation was $1.136 billion. The adjusted earnings per share for the second quarter were $0.40, compared to $0.52 in the same period last year, with an estimate of $0.42. The gross margin for the second quarter was 17.2%, compared to 18% in the same period last year, with an estimate of 16.5%. The free cash flow (FCF) for the second quarter was $146 million, compared to $664 million in the first quarter, while analysts expected $760 million.