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Tesla reports mixed results amid cost pressures
Tesla recorded mixed financial results in the second quarter of 2026, with profits falling short of expectations despite revenues surpassing Wall Street analysts' estimates. The company's earnings were impacted by a 47% year-over-year increase in operating expenses, which reached $4.35 billion, while free cash flow declined to a negative range, posting a loss of $1.1 billion compared to the same period last year. As a result, the company's stock dropped by 2.55% in after-hours trading, following a session close down 1.30%.
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