Tesla Q2 Net Profit Surpasses $1 Billion

Sales and Net Profit Both Exceed Market Expectations

[Asia Economy Reporter Yujin Cho] Tesla's quarterly net profit surpassed $1 billion for the first time, delivering results that exceeded market expectations.

On the 26th (local time), Tesla announced its Q2 earnings, reporting a net profit of $1.14 billion, exceeding $1 billion for the first time on a quarterly basis.

During the same period, revenue reached $11.96 billion, surpassing the market estimate of $11.3 billion.