Tesla Earnings Miss Expectations
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Analysts estimate that the company earned $1.2 billion from April to June, according to Bloomberg, down from $1.4 billion a year ago. Sales are expected to have fallen to $22.6 billion from $25.5 billion in the second quarter of 2024. Tesla has not reported an increase in quarterly profit since the third quarter of 2024.
In the week ahead, 112 S&P 500 companies are set to report quarterly results, with earnings season in full focus as the market hovers near record highs.
Tesla's first-quarter results included automotive gross margin excluding federal credits of 19.3%, sliding from 29.1% in the first quarter of 2022. Its operating margin, a profitability gauge ...
Tesla Chief Executive Elon Musk says the electric-car maker won't be “unscathed” by President Trump’s 25% auto tariffs. But the stock-market reaction suggests the car company might be able ...
Tesla reported third-quarter earnings on Wednesday that beat profit estimates but missed revenue estimates. The report generated mixed reactions from Wall Street, with JPMorgan cutting their price ...
July 7–8, 2025: The first trading day since Musk’s weekend announcement, Tesla shares tumbled, and Musk’s personal fortune dropped by as much as $15 billion, according to the Bloomberg Billionaires Index. As of July 9, it stands at $349 billion with Tesla shares broadly unchanged.
Tesla's stock took a significant hit, dropping over 14 per cent by the afternoon and finishing the day down 15.43 per cent. This marked the company's most severe decline since September 2020 ...
The early reaction wasn't kind for Tesla, which on Thursday night unveiled a prototype of its robotaxi, which CEO Elon Musk says will be available before 2027. Shares of Tesla -- the tenth largest ...