Tesla Confirmed Two New Vehicles | Q2 Report | Tesla Compact Car |

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Added 4 years ago by Louis

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Elon Musk Confirmed two new vehicles from Tesla in its Q2 earnings call. Apart from that Tesla gave more details regarding other things as well.
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Tesla reported its fourth quarterly profit in a row, positioning the electric-car maker as a leader in an auto sector that has struggled during the current situation, and clearing the way for the stock to join the S&P 500.

For the second quarter of 2020, Tesla made $104 million in net income on more than $6 billion in revenues. That beat forecasts by Wall Street analysts who had anticipated a loss of nearly $250 million and revenues of $5.4 billion.

Elon Musk has confirmed that Tesla is planning two new electric cars, including a compact electric car and a higher capacity vehicle, to come after Cybertruck. We might hear more about the new vehicle after the Tesla Battery day.
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