Summary
Tesla Beats
Tesla (TSLA) reported 2nd Quarter June 2020 earnings of $2.14 per share on revenue of $6.0 billion. The consensus estimate was a loss of $0.71 per share on revenue of $4.7 billion. The Earnings Whisper number was for a loss of $0.23 per share. Revenue fell 4.9% compared to the same quarter a year ago.
Tesla Motors Inc designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.
Results
Reported Earnings
$2.14
Earnings Whisper
($0.23)
Consensus Estimate
($0.71)
Reported Revenue
$6.04 Bil
Revenue Estimate
$4.67 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Tesla Releases Second Quarter 2020 Financial Results
PALO ALTO, Calif., July 22, 2020 (GLOBE NEWSWIRE) -- Tesla has released its financial results for the second quarter of 2020 by posting an update on its Investor Relations website. Please visit http://ir.tesla.com to view the update.
As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the results and outlook.
What: Tesla Second Quarter 2020 Financial Results Q&A Webcast
When: Wednesday, July 22, 2020
Time: 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time
Q2 2020 Update: http://ir.tesla.com
Webcast: http://ir.tesla.com (live and replay)
The webcast will be archived on the company’s website following the call.
Investor Relations Contact:ir@tesla.com
Source: Tesla, Inc.
