A non-cash gain on Tesla's SpaceX stake accounted for nearly 69% of the EV maker's GAAP profit, overshadowing its operating earnings in Q2.

Tesla's earnings call showed how Elon Musk is connecting SpaceX and Tesla through Grok, Starlink and AI infrastructure.

A non-cash gain on Tesla's SpaceX stake accounted for nearly 69% of the EV maker's GAAP profit, overshadowing its operating earnings in Q2.