Levi & Korsinsky notifies investors that it has commenced an investigation into Tesla, Inc. (NASDAQ: TSLA) concerning potential violations of the federal securities laws.
On July 23, 2024, after the market closed, Tesla announced its Q2 2024 results, reporting lower earnings-per-share ("EPS") and operating income than anticipated. Specifically, EPS came in at $0.52 vs. $0.62 consensus and $0.91 a year ago and, while operating margin was reported at 6.3% of sales to improve from last quarter's mark of 5.5%, this figure landed below last year's mark of 9.6%. In addition, although Tesla promised a "fleet" of robotaxis and was optimistic regarding the Company's autonomous driving system, market analysts reported that investors focused more on the Company's Q2 EPS miss, disappointing operating margins and free cash flow lines, and slower 2024 growth forecast. Following this news, Tesla's stock price dropped over 12% on July 24, 2024.
If you suffered a loss on your Tesla securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
Please provide your address so we can contact you about your case if eligible.






Input your stock purchases and sales












Connect with SnapTrade to let us the stocks you own. This is an optional step to keep you. informed about class action litigation.
✓ Fast: takes less than a min
✓ We do not create an attorney-client relationship
✓ Your information is confidential & secure





