đšâĄïžTesla Margin Win Overshadowed by Revenue đSlump, Low-Cost EV Begins
đčTesla Q2 revenue sank 12% YoY to $22.5B â its sharpest drop since 2012.
đčEPS missed at $0.40 vs $0.42 est, but gross margin beat at 17.2% lifted $TSLA 1% AH.
đčâFirst buildsâ of the #budget EV began in June. Still, no full-year delivery forecast, exec churn, and Muskâs distractions cloud outlook.
đčDemand concerns grow despite affordability push.