Published , by Morgan Shaver
Published , by Morgan Shaver
With the Q2 2022 earnings results for Tesla (TSLA) out, a plethora of interesting info has been shared including how Tesla’s Gigafactory in Berlin, Germany produced 1,000 vehicles in a single week. Additionally, it had the highest solar deployment in over four years according to the report.
Not only is Tesla’s Gigafactory in Germany hitting impressive production numbers, the Fremont and Shanghai factories also achieved “their highest-ever production months and new factory growth” with Tesla now focused on “a record-breaking second half of 2022.”
Other details reported include $2.5B GAAP operating income, 14.6 percent operating margin in Q2, $2.3B GAAP net income, $2.6B non-GAAP net income (ex-SBC1), and 27.9 percent GAAP Automotive gross margin in Q2. For more on Tesla's Q2 2022 earnings report, be sure to read through some of our other coverage including more on Tesla's 27.9% automotive gross margins reported in Q2 2022.