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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 Details
| Photo ID | #11437589 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Luis Boza/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2025 NurPhoto - Luis Boza/NurPhoto |
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Lisbon
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July 27
2024
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Tesla
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Tuesday
auto sales fell
$19.9 billion
$21.27 billion
same quarter
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revenue rose
2% increase
$24.93 billion
a year earlier
Luis Boza
NurPhoto
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