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Tesla Reports 7% Drop In Automotive Revenue As Second-quarter Earnings

A Tesla electric car is parking in Lisbon, Portugal, on July 27, 2024. Tesla is reporting lower-than-expected second-quarter earnings as auto sales are falling for the second straight period. Shares are falling more than 4% in extended trading. Revenue is rising 2% from $24.93 billion a year earlier, Tesla is saying in a report to investors on Tuesday. But auto sales are falling 7% to $19.9 billion from $21.27 billion in the same quarter last year. (Photo by Luis Boza/NurPhoto)

Photo Details

Photo ID	#11437587
Date Taken	27 July 2024
Location	N/A
Photographer	Luis Boza/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2025 NurPhoto - Luis Boza/NurPhoto

Related Keywords

Lisbon Europe Money Tech Tesla Services Stocks Luis Boza Daily Life Portugal. Money Economy Value Company Telecom EV Lisbon Portugal Tesla electric car July 27 2024 second-quarter earnings auto sales shares extended trading revenue investors Tuesday report 2% $24.93 billion year earlier 7% $19.9 billion $21.27 billion same quarter last year Luis Boza NurPhoto parked fell lower-than-expected rose fell more than 4% earnings trading photo Luis Boza.

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