Tesla Does Not Bring the Energy In Second Quarter

Tesla Inc. stocked dipped this week upon the release of the company’s most recent quarterly earnings report. The car manufacturer did not meet analysts’ expectations despite a company-record 95,356 vehicle deliveries during the second quarter of 2019.

According to Tesla’s SEC filing, the company produced an auto gross margin of approximately 19 percent, which is not as high as the company has experienced in recent years. Experts attribute this to high volume sales of the cheapest Tesla vehicle, the Model 3. The company expects to profit margin to rise when Model 3 production begins in a new China-based plant later this year. The company reported an all-time record of 77,634 sales of the car in Q2.

Tesla offers more than just vehicles. There is mixed news in the company’s energy division as well. Tesla reported a record low in solar installations, with just 29 in the second quarter. There were 84 reported installations during the same period last year, and as many as 214 in a quarter dating back to 2016.

“We are in the process of improving many aspects of this business to increase deployments,” Tesla stated.

However, Tesla grew deployment of its Powerwall and Powerpack by 81 percent in Q2, bringing total Powerwall installations to more than 50,000 locations. These products are Tesla’s electric car charging stations for commercial and home use.

Tesla announced on Wednesday it expects to return to profitability in the third quarter of 2019.

For the latest transportation and energy news, head to our industry pages! Also be sure to follow us on Twitter! You can also join the conversation in our Market Leaders LinkedIn Groups here!

Follow us on social media for the latest updates in B2B!

Image

Latest

Career success
A CEO’s Blueprint for Career Success: Leading with Love to Drive Performance and Culture
March 10, 2026

Leadership right now feels heavier than it did just a few years ago. Teams are stretched, expectations are high, and many employees are quietly disengaged. In fact, Gallup’s 2025 U.S. data shows that only about 31% of employees are actively engaged at work, leaving the majority feeling disconnected or indifferent. For CEOs and senior…

Read More
employer-sponsored apprenticeships
The Degree That Pays You Back: How Employer-Sponsored Apprenticeships Are Rewriting Higher Ed
March 9, 2026

Higher education is under pressure. Over the past few years, public confidence in the value of a four-year degree has declined significantly, with fewer Americans expressing a strong belief that traditional higher education delivers a worthwhile return on investment. At the same time, employers consistently report that graduates lack job-ready skills—particularly the “durable skills”…

Read More
Denial Data
Turning Denial Data Into Action: How Healthcare Organizations Can Fight Back Against Payer Denials
March 5, 2026

Healthcare providers across the U.S. are facing a growing wave of claim denials that is putting pressure on already strained hospital finances. Industry research from the American Hospital Association shows that nearly 15% of medical claims submitted to private payers are initially denied, forcing hospitals and health systems to spend about $19.7 billion annually attempting…

Read More
Jabra
ISE 2026: Jabra Unveils Scalable Room Solutions for the Hybrid Workplace
March 5, 2026

At ISE 2026, Jabra highlighted how meeting technology is evolving to support the realities of hybrid work, where the experience must be equally effective for people inside and outside the room. In a conversation with Craig Durr, Chief Analyst and Founder of The Collab Collective, Jabra’s VP of Video Product Olly Henderson explained that…

Read More