Tesla Reports Slightly Better-Than-Expected Earnings. The Stock Is Up.
Tesla reported slightly better-than-expected second-quarter earnings per share on Wednesday evening. The stock was rising.
The EV maker announced second-quarter adjusted earnings per share of 40 cents from sales of $22.5 billion. Wall Street was looking for 39 cents from sales of $22.1 billion. Earnings fell 23% year over year.
Shares were up 0.7% at $335 shortly after results were released.