Netflix stock falls despite big subscriber growth, Tesla gross margins underperform

Netflix stock slides on its mixed earnings report, missing on Q2 revenue estimates while boasting substantial subscriber growth — an additional 5.9 million paid subscribers versus estimates of just 2.1 million. Tesla, on the other hand, beats on revenue and earnings per share projections but falls short of gross margin expectations. Yahoo Finance's Josh Schafer, Alexandra Canal, Pras Subramanian break down the top and bottom lines of Netflix and Tesla's second-quarter earnings.