Management Talks Model 3 Gross Margin, Demand Trends, and More
Tesla (NASDAQ: TSLA) stock was slammed this week. Shares fell 14% on Thursday, following the electric-car maker's second-quarter earnings release. A 134% year-over-year increase and a much narrower loss than in the year-ago quarter weren't enough to impress investors. Instead, worse-than-expected revenue and a wider-than-expected adjusted loss per share overshadowed these factors, spooking some investors.
As investors mull over the company's latest quarterly results, investors can find more insights about Tesla's business in the company's second-quarter earnings call. Three notable topics discussed during the call were the Model 3's gross margin, demand trends, and the importance of word-of-mouth marketing.
Image source: Tesla.
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