Comment

Comment by GodelNumbering

A lot of bad news

- Total revenue fell by 12% year-over-year (16% contraction in the core automotive segment)

- Operating margin fell to just 4.1% (was 6.3% a year ago)

- For a second straight quarter, production significantly outpaced deliveries. Global unsold inventories now at 24 days of supply (was 18 days a year ago)

- Free cash flow collapsed by nearly 89.1% to just $146 million

source: https://www.signalbloom.ai/news/TSLA/teslas-q2-revenue-drops... (disclaimer: I run this)

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