Tesla’s second-quarter revenue expected to exceed $24 billion, a new high

Tesla has attracted much attention. As a leading manufacturer in the field of electric vehicles, it became the focus on June 29. As the second quarter comes to an end, Tesla's performance this quarter has become the focus of the market.

According to investment bank forecasts, Tesla expects its revenue to increase significantly year-on-year in the second quarter, which is about to end, and is likely to achieve a recovery in quarter-on-quarter growth. According to Wall Street forecasts, Tesla's second-quarter revenue is expected to reach $24.3 billion, in line with Deutsche Bank's $24 billion forecast.

According to the editor’s understanding, it is worth mentioning that compared with the US$16.934 billion in the second quarter of last year, the forecast revenue of US$24.3 billion and US$24 billion increased by more than US$7 billion, a year-on-year growth rate will exceed 40%.

In the first quarter of this year, Tesla was affected by price cuts, and its revenue fell to US$23.329 billion from the previous quarter, which was lower than US$24.318 billion in the fourth quarter of last year. If Tesla's revenue exceeds $24 billion in the second quarter, it will mean a return to sequential growth.

Tesla’s revenue in the second quarter is expected to exceed the US$24.318 billion in the fourth quarter of last year, setting a new record again. Tesla's sales performance and its growth in global market share are of great concern to the market.

Overall, Tesla’s continued strong growth momentum in the field of electric vehicles and the expected growth in the second quarter will further consolidate its leading position in the global electric vehicle market. Tesla's performance data will not only have an impact on the entire industry, but also provide confidence to investors.

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