Tesla Stock Crashes 15% on Earnings Miss Despite Record Revenue
Tesla shares plunged 15% after Q2 EPS missed estimates by 38%, with negative free cash flow and surging CapEx despite revenue beat. Extreme valuation at 316x earnings raises concerns.
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Tesla shares plunged 15% after Q2 EPS missed estimates by 38%, with negative free cash flow and surging CapEx despite revenue beat. Extreme valuation at 316x earnings raises concerns.