Tesla reports q2 non-gaap earnings of $2.18 per share

Quarterly total revenue $6.04 billion versus $6.35 billion reported last year.quarterly non-gaap earnings per share $2.18.quarterly earnings per share $0.50.$535 million increase in our cash and cash equivalents in q2 to $8.6 billion.operating cash flow less capex (free cash flow) $418 million in q2.quarterly profit improved sequentially due to fundamental operational improvements.experienced costs associated with factory shutdowns, which were offset by actions taken during the quarter to reduce expenses.q2 earnings per share view $0.03, revenue view $5.36 billion -- refinitiv ibes data.production output of our existing facilities continues to improve to meet demand.quarterly automotive gross margin 25.4% versus 18.9% reported last year.later in 2020, will be building three factories on three continents simultaneously.in q2, total revenue remained relatively flat qoq.remains difficult to predict whether there will be further operational interruptions or how global consumer sentiment will evolve in h2 2020.on fremont factory, says exited q2 with model y production running at installed capacity.improvements in product and manufacturing costs, driven by model y, china-made model 3 made a positive impact on qtrly profitability.have capacity installed to exceed 5oo,ooo vehicle deliveries this year, despite recent production interruptions.improved aftermarket software and connectivity revenue also made a positive impact on qtrly profitability.
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