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Woofun AI reports that Tesla generated $28.24 billion in revenue during the second quarter, representing a 26% increase year-on-year and surpassing analyst estimates of $26.32 billion. The automotive segment contributed $20.52 billion to total revenue, exceeding the projected $18.68 billion.
Adjusted earnings per share came in at $0.33, falling short of the $0.51 estimate, while standard EPS was $0.32 compared to $0.33 in the prior year period. Free cash flow recorded a negative $1.09 billion, a notable improvement against the estimated negative $3.64 billion.