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
Soft Skills, Real Impact: Rethinking What Makes Talent Stand Out with Client Success Executive Ben Brandon
November 26, 2025

Work feels different today. Conversations about AI, hybrid schedules, shifting career paths, and talent shortages aren’t just industry headlines—they’re shaping everyday decisions for workers and employers alike. As people rethink what they want from their careers and companies rethink what they need from their teams, one theme keeps rising to the surface: the skills that…

Read More
empathy
Why Empathy Matters in Today’s Workplace and How It Builds Better Teams
November 25, 2025

Empathy has become a business competency, not a soft nice-to-have. With hybrid teams, rapid AI adoption, and a workforce increasingly vocal about identity and inclusion, companies are being pushed to rethink what effective leadership looks like right now. Research and workplace trend reports consistently show that employees who feel seen and supported are more…

Read More
pastor
Finding Purpose Through Service: Faith, Leadership, and Legacy with Pastor Arthur James
November 24, 2025

Burnout among faith leaders has surged in recent years, fueled by heavier workloads, complex community needs, and the quiet exhaustion many pastors carry—sparking urgent conversations about resilience, calling, and sustainable leadership. A survey found that roughly four in ten pastors considered leaving full-time ministry in a single year, citing reasons like stress and loneliness—making guidance…

Read More
intuition
Allowing Inspiration to Grow from Intuition: How Inner Guidance Drives Real Career Growth
November 21, 2025

In a workplace culture increasingly shaped by rapid change, rising expectations, and new definitions of leadership, professionals are redefining success beyond titles and output. Empathy, intuition, and inner alignment — once seen as intangible “nice-to-haves” — are now emerging as competitive advantages. As recent workforce studies show that human-centered leaders drive higher engagement and…

Read More