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Tesla Reports 7% Drop In Automotive Revenue As Second-quarter Earnings
An electric car charger is being seen in a charging station 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 | #11437597 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Luis Boza/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Luis Boza/NurPhoto |
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electric car charger
charging station
July 27
2024
Tesla
second-quarter earnings
auto sales
shares
extended trading
revenue
investors
Tuesday
auto sales fell
$19.9 billion
$21.27 billion
year earlier
report
Luis Boza
NurPhoto
July 27
lower-than-expected
fell 4%
trading
rose 2%
$24.93 billion
second straight period
photo
quarter
earnings
period
same quarter
2023
2024.
2026 NurPhoto. All rights reserved.
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