Tesla, Elon Musk
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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.
Elon Musk warns about a "rough" few quarters and shares updates on robotaxis and the "more affordable" Tesla model.
Tesla is out with its Q2 2025 earnings results, and the stock is moving in after-hours trading. The EV maker reported earnings-per-share of $0.27/share and revenues of $19.335 billion, missing analysts' EPS expectation of $0.39/share and estimated revenue of $21.11 billion.
Shareholders envisioned a different outcome when Tesla stock surged more than 50% in the aftermath of the November 2024 election of President Donald Trump, then a close ally of Musk. Since a recent peak in December, the majority of those gains have been erased.
Elon Musk had more bold projections for Tesla's robotaxi. But investors didn't get much insight on the Austin launch during Wednesday's earnings call.
8hon MSN
Tesla owners will be able to earn money by adding cars to self-driving robotaxi fleet, Musk says
The Tesla CEO said the company expects to expand their autonomous driver service to include customer-owned cars.
Chief Executive Elon Musk has shifted Tesla’s focus toward robots and self-driving taxis to counter declining sales of the company’s aging vehicle lineup. Tesla’s robotaxi business is still in its early stages, having only conducted a controlled test run in Austin, Texas, earlier this year.
Tesla's European struggles are compounded by a recent tax hike in Turkey, a previously bright spot where sales surged 171%. This increase, raising the
Tesla’s Q2 2025 earnings call will take place today at 2:30 p.m. PT/5:30 p.m. ET. We’ll be streaming it on the Shacknews Twitch channel for your convenient viewing. You can also find the call on Tesla’s investor relations website.
Tesla's shares declined 1.74% for week, two days after posting lower profits for a third straight quarter amid increased competition and loss of tax credits.
Elon Musk is taking steps to expand his autonomous ride-hailing service to the Bay Area, according to a Business Insider report.
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