Tesla’s (NASDAQ:TSLA) Q2 2023 earnings call comes on the heels of the company’s Q2 2023 Update Letter. Tesla’s second quarter results were quite impressive, with the electric vehicle maker’s Q2 profits growing 20% to $0.91 per share and revenue increasing 47% to $24.93 billion.
Tesla’s total gross profit for the quarter experienced a 7% growth, amounting to $4.53 billion, while gross margins stood at 18.2%, marking a decrease from 19.3% in the first quarter. Excluding regulatory credits and leases, auto gross margins were reported at 18.1%, down from 18.3% in Q1.
Q2 2023 Earnings Call https://t.co/mZu4TeZ6lE
— Tesla (@Tesla) July 19, 2023
The following are live updates from Tesla’s Q2 2023 earnings call. I will be updating this article in real time, so please keep refreshing the page to view the latest updates on this story. The first entry starts at the bottom of the page.
16:25 CDT – Hi everyone, and welcome to yet another live blog! Tesla’s Q2 numbers are quite impressive, with the company posting better-than-expected results. The Q2 2023 Update Letter also suggested that serious work is underway to produce the Cybertruck, arguably the most highly-anticipated electric vehicle today.
Here’s the YouTube livestream for Tesla’s Q2 2023 earnings call.
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Keyword: LIVE BLOG: Tesla (TSLA) Q2 2023 earnings call