The EV maker's net income fell 16%. Musk said Tesla owners will have the option to add their cars to a future fleet of robotaxi autonomous cars starting in 2026.

Tesla revenue slipped 12% year over year in the second quarter of 2025, the company's July 23 earnings release showed. The Elon Musk -helmed electric car manufacturer took in $22.5 billion in revenue, down from $25.50 billion in the second quarter of 2024. It is the company's largest revenue drop in over a decade, according to Reuters.

Tesla reported second-quarter revenue of $22.5 billion, down 12% year-over-year. The company said volume production of a more affordable model is on track for the second half of 2025.

Tesla--which recently made headlines for opening its first store in India—just reported its financial results for the second quarter of the year. Its top-line has fallen 16 per cent on a year-on-year basis.

Wall Street may be skeptical about Tesla’s upcoming quarters, but CEO Elon Musk made four surprising announcements that could be game-changers — if they prove true.

Tesla's slump deepens as autonomy momentum fades. Explore the impact of tariffs, earnings slowdown, and what it means for TSLA's $300-range volatility.

Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.

Elon Musk’s approval rating has cratered following his break with President Donald Trump. His flirtation with launching a third political party — a not-so-veiled rebuke of Trump’s debt-busting tax cuts — hasn’t helped.