The Zhitong Finance App learned that on Thursday, Tesla (TSLA.US) fell more than 9% to $337.38. According to financial reports, Tesla achieved revenue of 28.24 billion US dollars in the second quarter, exceeding market expectations and increasing 26% year on year. This is the first time in three years that revenue has increased by more than 20% year on year. However, operating profit for the second quarter was only US$398 million, far below market expectations of US$1.39 billion; adjusted earnings per share were $0.33, down 18% year on year, and fell far short of expectations; gross margin was 16.8%, lower than analysts' expectations of 19.4%, and overall gross profit margin of 21.1% for the first quarter.

The Zhitong Finance App learned that on Thursday, Tesla (TSLA.US) fell more than 9% to $337.38. According to financial reports, Tesla achieved revenue of 28.24 billion US dollars in the second quarter, exceeding market expectations and increasing 26% year on year. This is the first time in three years that revenue has increased by more than 20% year on year. However, operating profit for the second quarter was only US$398 million, far below market expectations of US$1.39 billion; adjusted earnings per share were $0.33, down 18% year on year, and fell far short of expectations; gross margin was 16.8%, lower than analysts' expectations of 19.4%, and overall gross profit margin of 21.1% for the first quarter.