Tesla Hits $100 Billion in Trailing Revenue, but EPS Miss Sends Stock Down 7%
Tesla shares are trading lower Thursday after it reported Q2 adjusted earnings below Wall Street estimates on Wednesday after the bell.
Tesla made over $100 billion selling cars, which is huge, but they didn't make as much profit per share as people expected. When a company doesn't hit its profit goal, investors sometimes sell their shares because they're worried about what comes next.
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