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

An electric car charging station is being seen 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 ID	#11437589
Date Taken	27 July 2024
Location	N/A
Photographer	Luis Boza/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Luis Boza/NurPhoto

Lisbon Europe Money Tech Tesla Services Stocks Luis Boza Daily Life Portugal. Money Economy Value Company Automovile EV Lisbon Portugal July 27 2024 electric car charging station Tesla second-quarter earnings auto sales shares extended trading revenue investors report Tuesday auto sales fell $19.9 billion $21.27 billion same quarter last year lower-than-expected earnings fell 4% revenue rose 2% increase $24.93 billion a year earlier Luis Boza NurPhoto photo electric vehicle financial report trading stock market automotive industry.