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Tesla Beats Q2 Revenue Estimates by 5.7% as EV Competition Intensifies

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The Story

News Summary

  • Tesla delivered strong Q2 revenue of $28.24 billion, up 25.5% year-over-year and beating estimates by 5.7%.
  • However, the overall quarter was mixed amid rising electric vehicle competition, leaving the stock largely flat post-earnings.
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TSLA price history

365.44 -12.53% over the displayed period

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