Tesla’s profits sank sharply in the second quarter of 2024
July 23, 2024 at 16:55 PM EDT
The company’s revenue increased by 2 percent compared to last year, but profits are down 45 percent year over year. Tesla published its second quarter earnings report, in which the company said it earned $1.48 billion in net income on $25.5 billion in revenue. That represents a 2 percent increase … Source
