[Tesla Q2 Revenue Exceeds Expectations but Profit Disappoints, Capital Expenditure Falls Short of Target Raising Technical Concerns] Reported by Jinse Finance, on July 23, despite Tesla's strong vehicle sales performance in the second quarter, its profit still fell short of Wall Street expectations. This is undoubtedly a setback for Tesla, which is accelerating its expansion into new businesses such as robotics, autonomous driving, and artificial intelligence. After the market closed on Wednesday, Tesla released its second-quarter financial results on its official website. The company's revenue for the quarter reached $28.236 billion, exceeding the market expectation of $25.71 billion, a year-on-year increase of 26%. Revenue from the automotive segment was $20.516 billion, a year-on-year increase of 23%. Analysts believe Tesla's profit decline is mainly due to a drop in the average selling price of its vehicles. To stimulate demand, Tesla introduced several car purchase incentives and discontinued the higher-priced Model S and Model X models. (Cailian Press)