Tesla Motors Inc. (TSLA) Tuesday reported second-quarter net loss of $105.6 million or $1.00 per share, compared to $58.9 million or $0.60 per share last year.
Adjusted net loss for the quarter was $93.2 million or $0.89 per share, compared to $51.6 million or $0.53 per share last year. On average, eleven analysts polled by Thomson Reuters expected loss of $0.93 per share. Analysts' estimates typically exclude special items.
Total revenues for the quarter dropped to $26.7 million compared to $58.2 million last year. Analysts estimated revenues of $30.65 million for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.