MarketPR
A Q2 2026 revenue print of $28.24 billion for Tesla (TSLA) cleared the $26.32 billion consensus by nearly $2 billion, but the number that will hold the tape is gross margin: 16.8% against an estimated 19.4%.
Adjusted earnings per share came in at $0.33, missing the $0.51 estimate. Free cash flow was negative $1.09 billion, better than the negative $3.64 billion consensus.
Where the revenue beat came from Automotive revenue reached $20.52 billion against an $18.68 billion estimate, carrying most of the top-line lift.
Services and other revenue added $4.58 billion, ahead of the $3.72 billion consensus. Energy generation and storage came in at $3.14 billion, the one segment that missed, falling short of the $3.77 billion estimate.
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