Tesla's Q2 Disappoints, But There's More to the Story

Despite the slow sales growth of electric vehicles (EV) and what some analysts are calling an "EV recession," Tesla's (NASDAQ: TSLA) stock is still up more than 50% over the past three months. It was higher on Tuesday, but the stock pulled back more than 10% this morning after a disappointing second-quarter earnings report that showed deteriorating profits.Let's dive into the details and uncover whether Tesla's second quarter was as bad as the initial headlines would seem.Tesla reported second-quarter earnings of $0.52 per share, short of Wall Street's estimates of $0.61 and 43% below the same quarter last year, when Tesla earned $0.91 per share.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool