Gary Black estimates Tesla’s Q2 adjusted EPS at $0.60, above Wall Street’s $0.55 consensus. He cites 18.8% auto gross margin ex-credits versus 18.4% expected, p

Gary Black estimates Tesla’s Q2 adjusted EPS at $0.60, above Wall Street’s $0.55 consensus. He cites 18.8% auto gross margin ex-credits versus 18.4% expected, plus better R&D and SG&A leverage on 480,000 deliveries; the stock is down 18% YTD.