Tesla's Q2 net profit of $1.172 billion decreased by 20.7% year-on-year

According to Golden Finance, Tesla's Q2 revenue was $22.5 billion, a decrease of 12% year-on-year, with an estimated $22.64 billion. The Q2 net profit was $1.172 billion, a decrease of 20.7% year-on-year, and the market expectation was $1.136 billion. Adjusted earnings per share for the second quarter were $0.40, compared to $0.52 in the same period last year, with an estimated earnings of $0.42. The gross profit margin for the second quarter is 17.2%, compared to 18% in the same period last year, with an estimated 16.5%. The free cash flow (FCF) for the second quarter was $146 million, compared to $664 million in the first quarter, and analysts expected $760 million.