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Tesla profits slide 45% in Q2 2024 as production down 14%, deliveries down 5%
On July 23, Tesla Inc. released its Q2 2024 report.
• Automotive revenue down approximately 7% to USD 19.88 billion, while total revenue up 2% to USD 25.50 billion
• Net income was down 45% to USD 1.48 billion, and adjusted EBITDA was down 21% to USD 3.67 billion
• Operating income was down 33% to 1.61 billi....
• Automotive revenue down approximately 7% to USD 19.88 billion, while total revenue up 2% to USD 25.50 billion
• Net income was down 45% to USD 1.48 billion, and adjusted EBITDA was down 21% to USD 3.67 billion
• Operating income was down 33% to 1.61 billi....
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