US Edition
Tesla reports sales miss as auto revenue drops for second straight quarter
- Tesla reported a revenue drop to $22.5 billion for the second quarter, a decline from $25.5 billion a year earlier.
- CEO Elon Musk's political activities have negatively affected Tesla's brand reputation and contributed to a 16 percent decline in car sales revenue.
- The company did not provide a full-year vehicle production outlook, citing changing global trade and fiscal policies.
- Despite launching new vehicle models, Tesla's deliveries fell 14% in the second quarter, highlighting the need for fresh products and better sales strategies.
296 Articles
296 Articles
Donald Trump Offers Support to Elon Musk’s EV Company in Surprising Post As Tesla Stock Plunges
US President Donald Trump's post wasn't enough to help Tesla's stock, which fell sharply after the company reported another quarter of lackluster financial results and Elon Musk warned of some potentially “rough quarters” into next year. At midday, the stock was down around 9%. Donald Trump Offers Support to Elon Musk’s EV Company in Surprising Post As Tesla Stock Plunges.
Tesla stock plunges as Elon Musk warns company may face ‘a few rough quarters’ ahead
Tesla shares plunged as much as 10% in early trading Thursday as investors digested another dismal quarter of car sales – and CEO Elon Musk’s admission that slump may not end anytime soon.
Tesla’s Market Share Keeps Shrinking.
PULSE POINTSWHAT HAPPENED: Tesla’s market share in Europe fell for the sixth consecutive month in June.WHO WAS INVOLVED: Tesla, Elon Musk, the European Automobile Manufacturers Association (ACEA), JATO Dynamics, BYD, Leapmotor, Xpeng, Volkswagen Group.WHEN & WHERE: June 2025, Europe.KEY QUOTE: Musk is warning his car company “could have a few rough quarters” in front of it.IMPACT: Tesla faces increased competition, particularly from China, and a…
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