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Tesla Stock Falls After EV Maker Reports 16% Profit Drop
Elon Musk's electric-vehicle maker reported a 12% drop in quarterly revenue, and a steeper decline in net income. + Musk highlighted plans to release a lower-priced Model Y electric vehicle, spoke about his hopes for a new pay package and talked up plans to roll out Tesla robotaxis more widely.
Tesla Shares Fall on Sharp Decline in 2Q Profit, EV Sales
Shares of Tesla fell Thursday, a day after the company said electric vehicle sales continued to decline. Chief Executive Elon Musk said on the earnings call that the EV business is slumping while its autonomous vehicle business hasn't taken off yet. "We probably could have a few rough quarters. I'm not saying we will, but we could," Musk said.
Tesla shares are down in premarket trading Thursday as more disappointing sales data is dragging on the stock along with the ...
The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong ...
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Tesla stock falls more than 6% pre-market after Q2 earnings call. Sales decline, EV incentives end, and new Model Y trim ...
23hon MSN
Tesla stock crash has sent shockwaves through the market after the EV giant reported a massive earnings miss and its biggest revenue drop in over 10 years. Tesla's Q2 2025 report showed a 12% fall in ...
Tesla reported weaker-than-expected second-quarter results, missing both top and bottom line estimates, as automotive revenue dropped 16% year-on-year to $16.7 billion.
Declining vehicle deliveries and political headwinds have pressured the company's valuation. The company's share price fell ...
Earnings are expected to be around $0.44 per share, according to consensus estimates, reflecting a 15% drop compared to the ...
Automotive sales fell 16% year-over-year to $16.7 billion U.S. during Q2 of this year. Of that amount, revenue from automotive regulatory credits fell to $439 million U.S. from $890 million U.S. a ...
On July 2, Tesla published its delivery numbers for the second quarter of 2025 (ended June 30), and they dropped yet again ...
The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits ...
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