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 has lagged the S&P 500 with fading momentum, high volatility, and fundamentals that don’t justify its valuation. Find out why TSLA stock is a hold.

Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.

Tesla CEO Elon Musk on Wednesday warned of a “few rough quarters” ahead for the company on the heels of reporting a year-on-year decline in second-quarter (Q2) revenue and earnings.

Tesla (TSLA) reported a slight earnings and revenue miss in the second quarter but said its "more affordable" model was still slated for production in the second half of 2025. Tesla reported second quarter revenue of $22.

Tesla’s battery business has been feeling the pain, too. For a while, this was a growth area for the company, albeit one with a relatively minor contribution to the bottom line. During Q2 2025, Tesla’s energy generation and storage division brought in $2.8 billion in revenue, a 7 percent decline from the same period in 2024.

Tesla reported Q2 2025 revenue of $22.5-billion and adjusted EPS of $0.40, roughly in line with consensus but slightly below Roth’s estimates of $23.6-billion and $0.41. Non-GAAP auto gross margins came in strong at 15.

Tesla’s Q2 sales decline is its worst this decade, but there is one bright spot. The company's energy storage business is quietly booming.

Tesla, Inc.'s Q2 results disappoint with a sales drop, but Model Y sales in China and EV leadership signal potential to rebound. Click for my TSLA earnings update.