Reported 1 day ago
Tesla shares experienced an 8.2% drop after the company reported lower-than-expected earnings and revenue for Q2 2025, with CEO Elon Musk warning of potential challenges ahead. Despite a decline in revenue from regulatory credits and concerns over the impact of the recent federal tax credit expiration, Tesla is working on launching a more affordable model and expanding its robotaxi service. Analysts note that Tesla faces tough market conditions, but some remain optimistic about its long-term prospects.
Source: YAHOO