Tesla Reports Sharp Earnings Drop Amid Falling Sales And Growing Challenges

Tesla reported a 23% drop in adjusted earnings for Q2, with net income falling to $1.4 billion down $419 million from a year ago. This follows a 13.5% dip in sales, marking another tough quarter for the EV giant. Core auto revenue slid 16%, and the average revenue per vehicle dropped by $500 to $42,231. … Continue reading Tesla Reports Sharp Earnings Drop Amid Falling Sales And Growing Challenges