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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 Reports Decline in Quarterly Revenue and Profit
Tesla Motors ( (TSLA) ) has released its Q2 earnings. Here is a breakdown of the information Tesla Motors presented to its investors. Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Tesla has offered low-interest loans and other incentives to try to revive sales, but these efforts have depressed the ...
The electric-vehicle maker’s net income plunged 16% in the second quarter, marking another quarter of steep declines as sales ...
Tesla saw a 17% growth in its services business, but it was not enough to close the gap in falling EV sales, fewer regulatory ...
Revenue from regulatory credits — an area that has become a significant revenue stream for the company — fell more than 26% ...
Elon Musk's electric-vehicle maker reported a 12% drop in quarterly revenue, and a steeper decline in net income. + Musk ...
Tesla's profit slid 16% in the second quarter, it said Wednesday. CEO Elon Musk will face investors in the company's earnings ...
The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong ...
Tesla said on Wednesday it has built initial versions of an affordable car, a move likely meant to stem the steep decline in ...
One of the more glaring omissions from Tesla’s late Wednesday earnings was that the EV maker Tesla did not update its 2025 ...
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