$Tesla(TSLA.US) (+0.5% post market) achieved 2Q Adj EPS ($.40 vs $.39 IR-consensus and vs $.41 est per Bloomberg) and beat on auto gross margin ex-reg credits (15.0% vs 13.5% Bloomberg est). About +$.07/share of adj eps came from other income, which is likely mark-to-market appreciation on crypto holdings. More important than earnings will be management commentary on the conf call at 530pm ET of when safety drivers can come out of autonomous robotaxis so that TSLA can attest to L4 autonomy and expand to other markets, and commentary on the more affordable vehicle due out in 2H. A cheaper lower priced vehicle will likely do nothing for incremental volume unless it’s a new consumer form factor.