Tesla reports record revenue in Q2; margin dropped to 9.6%

Green Car Congress
By mmillikinJul 20, 2023, 7:16 am578 ptsTrending
Tesla reported a record Q2 2023, with best-yet production and deliveries and revenue just shy of $25 billion ($24.927 billion) in a single quarter. Automotive revenues accounted for $21.268 billion. Operating income decreased YoY to $2.4 billion, resulting in margin dropping to 9.6%, down from the 14.6% margin…

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