Tesla meets Q2 expectations, sells 75% of its Bitcoin

Tesla meets Q2 expectations, sells 75% of its Bitcoin

Tesla (TSLA) reported its Q2 earnings after the closing bell on Tuesday, meeting analysts’ estimates, following a prolonged COVID-induced shutdown at its Shanghai production facility.

The company also says it sold 75% of its Bitcoin, turning it into fiat currency, adding $936 million in cash to its balance sheet. The quarter, however, ended Tesla’s streak of reporting record revenue.

Here are the most important numbers from the report compared to Wall Street’s expectations, as compiled by…


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