Tesla earnings are out — here are the numbers
Tesla reported earnings after the bell. Here are the results.
Earnings per share: 85 cents adj. vs 85 cents expected, according to the average analyst estimate compiled by Refinitiv
Revenue: $23.33 billion vs $23.21 billion expected, according to Refinitiv estimates
Net income came in at $2.51 billion, down 24% from last year, while GAAP earnings came in at $0.73, down 23% from the year-ago quarter.
Automotive revenue, Tesla's core segment, reached $19.96 billion in the quarter.