The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong competition from cheaper electric vehicles and a backlash against CEO Elon Musk’s political views.

Economists expect double-digit drops for the automaker’s top and bottom lines after a record decline for quarterly vehicle deliveries.

Tesla shares turned red not too long after ho-hum results were out. Second-quarter 2025 revenue of $22.50 billion was 17% lower than sales in the year-ago quarter. In its letter to shareholders, the E

Tesla, Inc. faces sharp Q2 2025 declines in revenue, deliveries & free cash flow. Click for my updated look at TSLA stock following the latest earnings release.

With the stock sporting a triple-digit price-to-earnings ratio (and that's on a forward-looking basis), the case for buying Tesla before its July earnings report just isn't there. Any new investor is betting big on the company's ability to deliver on its bold promises -- I'm not confident it can.

Revenue from regulatory credits, historically a key stream for Tesla, dwindled to $439 million in the second quarter. That's a 51% decline from the $890 million in the second quarter of 2024, and about 2% lower than the $447 million in the first quarter of this year.

Tesla's sales drop in California highlights ongoing struggles ahead of Q2 earnings call. Wall Street expects revenue of $22.79 billion.

After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) were battered throughout Q1 2025. And while the stock performed marginally better in Q2, the largest U.S. EV-maker slid into Q3. However,

Tesla Stock The EV maker’s stock ended 2024 with a gain of 62.5%. Following the delivery miss, the stock shed 6.08% before ending at $379.28, losing roughly $79 billion in market capitalization ...

On July 2, Tesla published its delivery numbers for the second quarter of 2025 (ended June 30), and they dropped yet again from a year ago. The company will report its financial results for the same period on July 23, which will show investors how its revenue and earnings were impacted by the sluggish EV business.

Tesla's stock gained more than 1% in the extended session Wednesday, after the EV maker reported second-quarter earnings that were largely in line with Wall Street's expectations. Investors appeared to cheer news that a cheaper Tesla model is still in the works.