---
title: "Tesla announced that its total revenue for the second quarter of this year exceeded expectations, wh"
description: "Tesla announced that its total revenue for the second quarter of this year exceeded expectations, while operating profit and earnings per share (EPS) both experienced double-digit declines, with the d"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/22658515.md"
published_at: "2024-07-23T23:40:10.000Z"
author: "[朱玉龙-YL](https://longbridge.com/en/profiles/11273494)"
---

# Tesla announced that its total revenue for the second quarter of this year exceeded expectations, wh

Tesla announced that its total revenue for the second quarter of this year exceeded expectations, while operating profit and earnings per share (EPS) both experienced double-digit declines, with the drops far exceeding expectations.

1) Q2 revenue reached $25.5 billion, up 2% year-over-year

2) Q2 operating profit was $1.605 billion, down 33% year-over-year

3) Non-GAAP diluted EPS for Q2 was $0.52, down 43% year-over-year

Total revenue for Q2 set a new quarterly record, while energy generation and storage businesses continued rapid growth. Q2 gross profit was $4.578 billion, up 1% year-over-year, with a quarterly gross margin of 18%, lower than 18.2% in the same period last year, representing a 42% year-over-year decline.

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---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.