Tesla Q2 2024: Revenue Up, But Profits Down Amid Price Cuts, Slower Sales
Briefly

In Q2, we achieved record quarterly revenues despite a difficult operating environment...We also saw a sequential rebound in vehicle deliveries in Q2 as overall consumer sentiment improved and we launched attractive financing options to offset the impact of sustained high interest rates. Global EV penetration returned to growth in Q2 and is taking share from ICE vehicles.
We believe that a pure EV is the optimal vehicle design and will ultimately win over consumers as the myths on range, charging and service are debunked.
Read at InsideEVs
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