Market
Tesla (TSLA) Is Down 18.3% After Record Revenue But Weak Q2 Profitability And Cash Flow - Has The Bull Case Changed?
Yahoo2026.07.23
Tesla’s Q2 2026 results showed record revenue of US$28.24 billion and record deliveries of 480,126 vehicles, but earnings, margins, and free cash flow weakened as higher operating expenses and capital spending on AI, robotics, and new products reduced profitability. The company’s first quarter of negative free cash flow in more than two years, alongside a sharp drop in regulatory credit revenue and heavy investment in projects like Optimus, robotaxis, and semiconductor capacity, raised fresh...
