Tesla earnings show quarterly decline in profits, year-over-year growth

Tesla’s second-quarter earnings report tells a story of quarterly declines and year-over-year growth.
The company reported Wednesday a quarterly decline in revenue and earnings as supply chain constraints, inflation and an extended shutdown in China chipped away at its bottom line.
Tesla generated $16.9 billion in revenue in the second-quarter, down from $18.8 billion in the first quarter. The second-quarter revenue numbers were also lower than the $17.7 billion it brought in the fourth-quarter of 2021.
Tesla said it earned $2.3 billion, or $1.95 a share, in the second quarter, which was

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