Tesla (TSLA) Reports Q2 Earnings: What Key Metrics Have to Say

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Tesla (TSLA) Reports Q2 Earnings: What Key Metrics Have to Say

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Tesla (TSLA) reported $25.5 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.3%. EPS of $0.52 for the same period compares to $0.91 a year ago. The ...

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EPS of $0.52 for the same period compares to $0.91 a year ago.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-tsla-reports-q2-earnings-220006013.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla (TSLA) Reports Q2 Earnings: What Key Metrics Have to Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla (TSLA) Reports Q2 Earnings: What Key Metrics Have to Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-24 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-tsla-reports-q2-earnings-220006013.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (TSLA) reported $25.5 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.3%. EPS of $0.52 for the same period compares to $0.91 a year ago.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-tsla-reports-q2-earnings-220006013.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLL","symbol_name":"Direxion Daily TSLA Bull 2X Shares","start_time":0,"source_url":"https://finance.yahoo.com/news/tesla-tsla-reports-q2-earnings-220006013.html","article_id":"2453090865","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/132juehTNIyEUn7pK7.GPA--~B/aD01MDY7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/3d7c5b2146ac04ffd51752e17ff2a619"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2453090865","pubTimestamp":1721772006,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Tesla  reported $25.5 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.3%. EPS of $0.52 for the same period compares to $0.91 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $25.13 billion, representing a surprise of +1.48%. The company delivered an EPS surprise of -16.13%, with the consensus EPS estimate being $0.62.Revenues- Automotive sales: $18.53 billion compared to the $20.61 billion average estimate based on eight analysts. The reported number represents a change of -9.3% year over year.Revenues- Automotive regulatory credits: $890 million compared to the $437.81 million average estimate based on six analysts. The reported number represents a change of +215.6% year over year.Total Automotive Revenue: $19.88 billion compared to the $20.31 billion average estimate based on five analysts. The reported number represents a change of -6.5% year over year.Shares of Tesla have returned +37.8% over the past month ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares","TSLA":"特斯拉"},"translate_title":"特斯拉(TSLA)报告第二季度收益：关键指标说明了什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1,"TSLL":1},"content_text":"Tesla (TSLA) reported $25.5 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.3%. EPS of $0.52 for the same period compares to $0.91 a year ago.\nThe reported revenue compares to the Zacks Consensus Estimate of $25.13 billion, representing a surprise of +1.48%. The company delivered an EPS surprise of -16.13%, with the consensus EPS estimate being $0.62.\nWhile investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.\nSince these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.\nHere is how Tesla performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: \n\nTotal vehicle deliveries: 443,956 versus 469,599 estimated by seven analysts on average.\nModel 3/Y deliveries: 422,405 versus 436,325 estimated by five analysts on average.\nOther models deliveries: 21,551 compared to the 22,389 average estimate based on five analysts.\nRevenues- Automotive sales: $18.53 billion compared to the $20.61 billion average estimate based on eight analysts. The reported number represents a change of -9.3% year over year.\nRevenues- Energy generation and storage: $3.01 billion versus $2.32 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +99.7% change.\nRevenues- Services and other: $2.61 billion versus the seven-analyst average estimate of $2.44 billion. The reported number represents a year-over-year change of +21.3%.\nRevenues- Automotive regulatory credits: $890 million compared to the $437.81 million average estimate based on six analysts. The reported number represents a change of +215.6% year over year.\nRevenues- Automotive leasing: $458 million versus the five-analyst average estimate of $446.47 million. The reported number represents a year-over-year change of -19.2%.\nTotal Automotive Revenue: $19.88 billion compared to the $20.31 billion average estimate based on five analysts. The reported number represents a change of -6.5% year over year.\nGross profit- Total Automotive: $3.67 billion versus $3.75 billion estimated by seven analysts on average.\nGross profit- Energy generation and storage segment: $740 million versus the six-analyst average estimate of $597.95 million.\nGross profit- Services and other: $167 million versus the five-analyst average estimate of $149.03 million.\n View all Key Company Metrics for Tesla here>>>\n\nShares of Tesla have returned +37.8% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.\n\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nTesla, Inc. (TSLA) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}