Tesla released its Q2 results Wednesday, reporting growth rates of 47% in revenue, 20% in earnings and 62% in free cash flow.
The company had a net income of $3.14 billion on revenue of $24.9 billion
Its net profit margin was 12.6%, down from 15.4% in the year-ago quarter.
The release was well ahead of analyst expectations, but showed the company’s recent trend of declining margins continuing.
