Tesla's Q2 Gross Profit was 900 million with a Gross profit of -170 Million.
Where did you get the 25B Gross Profit from?
Tesla's Q2 Gross Profit was 900 million with a Gross profit of -170 Million.
Where did you get the 25B Gross Profit from?
I think this means that the Gross Profit was $4B, not 25. And Gross Profit is Revenue - Cost of Goods Sold [0], so they may still have had losses after R&D and expansion.
The EBITDA number of $2.33B also seems reasonable as a "last four quarters" measure here [1] (which actually lists $2.35B).
0: https://www.investopedia.com/terms/g/grossprofit.asp
1: https://www.macrotrends.net/stocks/charts/TSLA/tesla/ebitda
Do you actually know how read financials? I hope you don't actually dabble in active trading...
If you do, you should stop now and just put your hard-earned money into an index fund and call it a day.