The second Tesla receivables paint a painful picture: falling profits, hot selling, and the reputation of a constant assault.
The electric carmaker reported $ 1.17 billion, down 16.3% from the same period of 2024 billion for $ 25.5 billion last year,
Cause is clear: Tesla sells a few cars and cutting prices to starve the demand. Deliveration collapsed 13.5% in the second quarter, indicates how much is it to get down.
Tesla’s problems are almost more economically. CEO ELON MUSIS has become one of the most destructive mathematics in the business world. Spending his political time nearly $ 290 million to help Donald Trump returned to the White House in 2024 and later joined Trump management as Head of the Department of Public Service. The famous medicine began to cover the organization’s budget, burning protests without tesla that did not hijack all over the world, which distinguish the basic company’s customs. The face of outstanding treatments and anti-roots of opposing wings, musks removing free buyers in the US and Europe who have built the bed of Testila support. Selling took a beat.
Musk left Dide in May to look at Tessa, but lingers were injured. In addition to the drama, he recently opened a new political party, an American party, vowing to choose from the 2026 midters election after Trump and Trump.
“We can probably have a few difficult places. I don’t say we’ll do it, but,” said Musk to introduce the commentators.
The main road looks cruel. President Trump “One Big Big,” Signed on July 4, killing the Federal Act FACT CREDIT since September 30. That means the Teslas will still find a wife. The same law threatened pure pure penalties to judge the levels of exit levels, completing the revenue of Teslla income from the Competent Credit Credits. In Q2, those credit merchants are left at about half, fall at $ 439 million from $ 890 million a year before.
“That one good bill has many changes that will affect our nearest business,” said Cfo Vaimibav Taneja told commentants. Tesla made most of its US vehicles in Fremont, California, Austin, Texas, is very dependent on imported openings and inventions, leaving them vulnerable.
“We began to see the impact of the taxes,” said Tanijah. “In a row, tax costs have increased about $ 300 million about two thirds of the impact of the vehicles and sales, the full impact will come.”
He warned: “The cost will increase in a nearby country. While we do our best to manage these results, in unexpected place in the tax priceor.”
The combination of slows need, price cuts, disappearing Eviels, along with tax prices increases suggesting that Tesla’s income do not go away soon. But by Walts’s Realings Call, Musk again set up his view of Tesla’s future, but as a robotic and Ai Howerhouse built on humanoid, default and tech driving robots.
Problem? Tesla Robotaxi launches The Austin presentation indicates how far. Waymo, Google Support Self-Safe, has already been working full-time Robotaxis in many US cities and cover over Austin’s Austin Service. Tesla’s small ships, currently, the only invitation and still need a person’s supervisor in the passenger seat.
