Tesla Q2 Earnings – Record Shipments Yet Still Not Profitable, Stock Plummets

Tesla Q2 Earnings – Record Shipments Yet Still Not Profitable, Stock Plummets

5 years ago
Anonymous $9jpehmcKty

https://wccftech.com/tesla-q2-earnings-record-shipments-yet-still-not-profitable-stock-plummets/

Shares of Tesla Inc plunged in after-hours trading this evening as the automaker posted staggering losses that exceeded Wall Street expectations despite the record number of vehicles it shipped in the quarter.

Earnings came up well short of expectations while revenue came in more or less inline with what most analysts were expecting. The important numbers look like this: