Odaily Planet Daily report: Tesla's second-quarter revenue was $28.24 billion, up 26% year-over-year; estimated at $26.32 billion. Adjusted earnings per share for the second quarter were $0.33, compared to an estimate of $0.51; earnings per share for the second quarter were $0.32, compared to $0.33 in the same period last year; free cash flow for the second quarter was -$1.09 billion, compared to an estimate of -$3.64 billion; automotive segment revenue for the second quarter was $20.52 billion, compared to an estimate of $18.68 billion.
Tesla Q2 revenue reaches $2.824 billion, up 26% year-over-year.
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Summary
Tesla's Q2 revenue reached $2.824 billion, a 26% year-over-year increase, according to on-chain news. The figure exceeded the estimated $2.632 billion. Adjusted EPS for the quarter was $0.33, below the forecast of $0.51. Automotive revenue reached $2.052 billion, surpassing the estimated $1.868 billion. Crypto news platforms are monitoring the broader market implications of the results.
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