Tesla shares dip after hours as earnings call disappoints

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Tesla posted an all-time high quarterly revenue, but operating margin dropped to 9.6%

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Revenue from Tesla’s core automotive business rose 46% year-over-year to $21.27 billion, about a 6.5% increase sequentially

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Tesla’s research and development costs rose to $943 million (from $771 million in the first quarter) with the company writing in a shareholder deck

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The stock price remained flat after the initial report, but began dropping during the earnings call as CEO Elon Musk

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Other executives failed to deliver precise specs and start of delivery dates for the Cybertruck, and for a robotaxi-ready vehicle

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More futuristically, Musk spoke about combining a Neuralink brain implant with a robotic arm or leg made by Tesla

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Tesla shares dip after hours as earnings call disappoints

theUBJ

Tesla posted an all-time high quarterly revenue, but operating margin dropped to 9.6%

theUBJ

Revenue from Tesla’s core automotive business rose 46% year-over-year to $21.27 billion, about a 6.5% increase sequentially

theUBJ

Tesla’s research and development costs rose to $943 million (from $771 million in the first quarter) with the company writing in a shareholder deck

theUBJ

The stock price remained flat after the initial report, but began dropping during the earnings call as CEO Elon Musk

theUBJ

Other executives failed to deliver precise specs and start of delivery dates for the Cybertruck, and for a robotaxi-ready vehicle

theUBJ

More futuristically, Musk spoke about combining a Neuralink brain implant with a robotic arm or leg made by Tesla

theUBJ

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