Tesla shares drop as revenue misses estimates and price cuts dent profit
![Tesla shares drop as revenue misses estimates and price cuts dent profit](https://nypost.com/wp-content%2Fuploads%2Fsites%2F2%2F2024%2F07%2Ftesla-q2-earnings.jpg?quality%3D90%26strip%3Dall%261721752438)
Elon Musk's Tesla posted net income of $1.48 billion in the second quarter, compared to $2.70 billion a year ago.
Elon Musk's Tesla posted net income of $1.48 billion in the second quarter, compared to $2.70 billion a year ago.