【Tesla Q2 Beats: Margin Surge or Flash in Pan?】【Goldman's Deep Dive Analysis】

 Goldman Sachs' Tesla Q2'25 analysis shows: Non-GAAP EPS $0.40 beats estimate by 14%, revenue $22.49B exceeds forecast by 2%. Auto gross margin 15.0% significantly outperforms, energy margin 30.3% becomes highest-profit segment. Company withdrew 2025 growth outlook due to policy uncertainty, Goldman forecasts 11% delivery decline. Maintains Neutral rating with $285 target price.