NextBigFuture.com10h ago

Tesla Q2 delivery record and FSD rollout set to lift automotive gross margin to about 24.2%

Tesla posted record-high Q2 vehicle deliveries, up 34% quarter over quarter, helping lift automotive gross margin to about 24.2%. FSD V14-lite is rolling out to Hardware 3 vehicles, while subscription approvals are speeding up in China and Europe, with active FSD subscriptions at 1.28 million, up 51% year over year. The energy business reached 13.5 GWh with more than 30% segment margins and accounted for about 13% of total revenue. These figures are framed as forward-looking quarterly guidance rather than confirmed earnings results.

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