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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 is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.
Tesla shares plunged as much as 10% in early trading Thursday as investors digested another dismal quarter of car sales – and ...
Tesla is facing a rough path ahead and will likely struggle unless Elon Musk fixes his public image, longtime investor Ross ...
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Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away?Tesla (TSLA) shares are down nearly 9% on Thursday after the EV manufacturer reported its second straight quarter of revenue ...
Tesla (NASDAQ: TSLA) closed down 8.2% at $305.30 on Thursday, retreating sharply after CEO Elon Musk's cautionary earnings commentary about "rough quarters ahead" amid macroeconomic and electric ...
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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 ...
The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong ...
Tesla's chief financial officer, Vaibhav Taneja, said that President Donald Trump's tax bill could affect the availability of ...
Tesla revenue slipped 12% year over year in the second quarter of 2025, the company's July 23 earnings release showed. The ...
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