Tesla Beats on Revenue, Misses Earnings by 39% in Q2 2026

Tesla reported Q2 2026 revenue of $28.23 billion, above the $25.71 billion Wall Street expected, but earnings per share came in at 31 cents — 39% below the 51-cent consensus. Shares fell over 3% in after-hours trading. The stock had already declined roughly 14% year-to-date. Strong European deliveries, boosted by EV subsidies and elevated gas prices tied to the US-Iran war, drove the revenue beat.