$Tesla Motors(TSLA)$ HAPPY NEW

HAPPY NEWS [Cool]

Tesla (TSLA) reported its Q2 earnings after the closing bell on Tuesday, meeting analysts’ estimates, following a prolonged COVID-induced shutdown at its Shanghai production facility.

The company also says it sold 75% of its Bitcoin, turning it into fiat currency, adding $936 million in cash to its balance sheet. The quarter, however, ended Tesla's streak of reporting record revenue.

Here are the most important numbers from the report compared to Wall Street’s expectations, as compiled by Bloomberg.

Revenue: $16.9 billion vs $16.88 billion expected

Adjusted EPS: $2.27 vs $1.83 expected

Tesla shares were up more than 3% following the report.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Trainman
2022-07-21
Trainman
cutting the leeks after selling bitcoin before price drops
Snakewood
2022-07-21
Snakewood
buy?? 😅😅🤞🤞🙏🙏
Sandyboy
2022-07-21
Sandyboy
Buy at dips only!
Linglong8191
2022-07-22
Linglong8191
Like pls
JCWOO
2022-07-22
JCWOO
Ok
waikinnnn
2022-07-22
waikinnnn
Like

Leave a comment

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