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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.
The earnings call brought additional concerns as CEO Elon Musk warned of “a few rough quarters” ahead, particularly due to ...
Investor's Business Daily on MSN12h
Tesla Vs. BYD: Tesla Stock Skids As Musk Sees 'Rough Quarters'; BYD Eyes Buy PointPassenger BEV sales shot up 45.8% to 606,953, easily beating Tesla for a third straight quarter. Sales of plug-in hybrids ...
Tesla is likely to post its biggest drop in quarterly revenue in more than a decade on Wednesday, as the EV maker grapples ...
STORY: Tesla's in for a "few rough quarters", says its CEO Elon Musk, citing U.S. government cuts in support for electric ...
Sales are down, regulatory credits are down, and discounted Tesla prices mean less money coming in. Tesla could use some good ...
Tesla faces falling EV demand and production challenges, but hopes its upcoming robotaxi launch will reshape mobility and ...
Tesla (NASDAQ: TSLA) is selling fewer vehicles in 2025 than it was a year ago, but that may only be the beginning of the company's fall. The $7,500 tax credit that has helped margins is going away ...
Wall Street may be skeptical about Tesla’s upcoming quarters, but CEO Elon Musk made four surprising announcements that could ...
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 ...
This challenge could swiftly eliminate one of Tesla's most profitable revenue sources. Where to invest $1,000 right now? Our ...
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