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Tesla Q2 Earnings Miss as Robotaxi Delays Pressure Valuation
Tesla reports an EPS miss and $5.8B in capital expenditure as delays in robotaxi programs weigh on investor sentiment.
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Tesla's second-quarter deliveries significantly exceeded Wall Street expectations, reaching 480,126 electric vehicles compared to the projected 406,000. The company's total production for the quarter hit 451,758 vehicles. Although car sales rebounded, Tesla's net profit declined due to strategic price cuts and higher overall expenses.
Tesla reports an EPS miss and $5.8B in capital expenditure as delays in robotaxi programs weigh on investor sentiment.
Read the full storyTesla reported a decline in quarterly profit as aggressive price cuts and rising operational expenses offset a rebound in vehicle sales volume.
Tesla delivered 480,126 electric vehicles in Q2 2026, significantly outperforming analyst expectations of 406,000 units.