Teslas second-quarter net profit was $1.172 billion, down 20.7% year-on-year

Odaily News Teslas second-quarter revenue was $22.50 billion, down 12% year-on-year, and the estimated revenue was $22.64 billion. The second-quarter net profit was $1.172 billion, down 20.7% year-on-year, and the market expected $1.136 billion. Adjusted earnings per share in the second quarter were $0.40, $0.52 in the same period last year, and the estimated $0.42. The gross profit margin in the second quarter was 17.2%, 18% in the same period last year, and the estimated 16.5%. Free cash flow (FCF) in the second quarter was $146 million, $664 million in the first quarter, and analysts expected $760 million.