tesla
  • Non-GAAP adjusted EPS 0.27 vs 0.38 expected
  • GAAP EPS 0.12
  • Gross margin 16.3% vs 15.9% expected
  • Operating margin 2.1%
  • Adj net income of $934m vs $1.431B exp
  • Tariff landscape will have larger impact on energy business compared to autos
  • Plans for new vehicles, including more affordable models, remain on track for start of production in H1 2025

Shares are slightly lower initially.

Source: Forex Live