Tesla shares declined by 8% in after-hours trading following a disappointing Q2 profit report that did not meet expectations.

Tesla shares declined by 8% in after-hours trading following a disappointing Q2 profit report that did not meet expectations.

Tesla’s stock dropped 8% in extended trading after the electric vehicle (EV) maker’s net earnings in the second quarter fell short of Wall Street expectations and announced its lowest profit margin in more than five years. Tesla shares fell 7.7% to $227.23 after hours. Tesla’s Q2 net income fell to $1.48 billion from $2.70 billion…

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