23-07-2025
- Automotive
- Wall Street Journal
Tesla Profit Falls, Hurt by Plunging EV Sales
Tesla's TSLA 0.14%increase; green up pointing triangle net income plunged 16% in the second quarter, marking further steep declines at the company as automotive sales continue to fall.
The company's second-quarter revenue declined after a drop in automotive deliveries, which were down 13.5% from a year earlier.