Tesla’s Ability to Make Money Is Under Spotlight as Results Loom
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Tesla Inc. sold a record number of cars during the second quarter. But did the company make enough money while doing so?
That is what investors and analysts will be most focused on when the electric vehicle maker reports results after the market close on Wednesday. Tesla delivered 95,200 cars to customers during the second quarter, beating most estimates, but analysts worried that the rapidly growing share of the lower-margin Model 3 sedan, along with heavy discounts, might weigh on profits.