Tesla earnings didn't disappoint
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Tesla, Elon Musk
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Tesla reported slightly better-than-expected second-quarter earnings per share on Wednesday evening. The stock was rising. The EV maker announced second-quarter adjusted earnings per share of 40 cents from sales of $22.
Tesla shares took a hit Thursday after the company reported a 16% decline in automotive sales and a 12% decline in total revenue for the second quarter compared with one year ago.
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Tesla shares tumbled in extended trading Wednesday after the EV maker's quarterly results fell short of Wall Street’s expectations and CEO Elon Musk warned of a "few rough quarters" ahead. Monitor these key chart levels.
Tesla stock lost 8.2%, closing at $305.30 on Thursday, while the S&P 500 rose 0.1% and the Dow Jones Industrial Average fell 0.7%.
Live Updates Live Coverage Updates appear automatically as they are published. Tesla's Segment Revenue Heading Into Q2 1:17 pm Tesla’s growth narrative hinges on more than just car sales. This table shows how each business line contributes to revenue and margin — giving investors a clearer view of the company’s diversification and profitability mix.
Tesla stock came under pressure Thursday after it posted an earnings and revenue miss in the second quarter and CEO Elon Musk hinted at a "few rough quarters" amid mounting challenges for the automaker.
Tesla stock crept higher on Wednesday, off daily lows, with earnings due just after the 4 p.m. close. Shares were up 0.2% in late trading at $332.91, while the S&P 500 was up 0.7%. Most stocks were higher in the session after President Donald Trump announced a trade deal with Japan.
Tesla is slated to post second-quarter earnings after the market closes on Wednesday, with analysts expecting the electric vehicle giant to report declining revenue and profits.
Tesla's valuation gains today follow a bigger sell-off in yesterday's trading that was spurred by disappointing second-quarter results and comments from management suggesting that performance headwinds could continue in the near term. The company's share price has seen some big swings in 2025, and is down roughly 21% year to date with today's pop.
Analysts were mostly upbeat about Tesla’s earnings, even as investors worried about CEO Elon Musk’s comments about potential “rough” quarters ahead.
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.