2024-07-24 08:50:45.AIbase.10.5k
Musk Expects Tesla FSD Approval in China by Year-End, Robotaxi Launch on October 10
Tesla's Q2 2024 financial report indicates that the company's revenue was $25.5 billion, a 2% year-over-year increase. However, net profit saw a significant 45% decline to $1.494 billion. Net profit attributable to common shareholders was $1.478 billion, with diluted earnings per share of $0.42, a 46% decrease year-over-year. Adjusted earnings per share were $0.52, a 43% decrease, falling short of analyst expectations.Revenue from the automotive business was $19.878 billion, a 7% decrease year-o