Tesla's Declining Automotive Profitability and Growth Potential in Energy and New Businesses
TSLA Tesla Inc
$375.23 -0.74%
View chart & analysis → - 1Tesla recorded an automotive gross margin of 16.3% excluding regulatory credits in the second quarter of 2026.
- 2Tesla's energy generation and storage revenue reached $3.14 billion in the second quarter, a 13% increase year-over-year.
- 3Morningstar valued Tesla's stock at $450, reflecting robotaxi opportunities.
So what's the key point?
Tesla's automotive profit margin fell to 16.3%, but the energy business grew 13% compared to last year. Morningstar sees the stock potentially reaching $450 based on robotaxi possibilities.
Source The Motley Fool +1 · View original ↗
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