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The Latest Breaking News from Tesla Inc.

Tesla's results plummeted again and 'rough quarters' are coming, says Musk

The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits continued to drop sharply in the latest quarter.

Euronews

Elon Musk's Tesla Loses Ground In Europe — Sales Down 23% Even As EV Market Grows

The European automotive market saw a 5.1% decline in new car registrations during June as the European Union saw sales slip 7.3% YoY. Tesla Inc. (NASDAQ:TSLA) recorded a huge decline in sales, even as EV sales surged in the region.

Benzinga

Jamie Dimon's JPMorgan, BofA Under Congressional Scrutiny Over Tesla Battery Supplier CATL's Mega IPO: Report

The CEOs of JPMorgan (NYSE:JPM) and Bank of America (NYSE:BAC) have reportedly been subpoenaed by U.S. lawmakers over their roles in the IPO of a Chinese battery company.

Benzinga

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Tesla Promises Unsupervised FSD By End Of Year (Again)

Even if it happens, not everyone will have access to the feature.

InsideEVs

Dan Ives Sees $1 Trillion Potential In Tesla's AI Ambitions, Calls Elon Musk's EV Giant 'Best Physical AI Play' Alongside Nvidia

Wedbush Securities' investor and Tesla Inc. (NASDAQ:TSLA) bull Dan Ives has reiterated his bullish views on the automaker following its second-quarter earnings call.

Benzinga

Elon Musk Says Tesla Could Face 'A Few Rough Quarters' As EV Incentives Expire And Trump Tariff Pressures Mount

Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, warned that the company was entering a challenging period as federal EV credits wind down and tariff-related headwinds begin to mount.

Benzinga

European Central Bank leaves interest rates unchanged despite trade war uncertainty – as it happened

Live, rolling coverage of business, economics and financial markets as policy rate left at 2%

The Guardian - UK

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Elon Musk Aims To Deploy Robotaxis To Serve Half The US Population By The End Of 2025, Targets Million Optimus Units Annually 'As Fast As It's Humanly Possible'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk just shared some ambitious targets for the electric vehicle giant during Wednesday's second-quarter earnings call with investors.

Benzinga

Business news live: FTSE 100 rises to new record level and Tesla shares sink after Elon Musk warning

Stock market news and latest business and finance updates from Thursday

The Independent UK

Tesla's New Model Y Trim Won't Expand Market, Offers 'Zero Incremental Volume,' Says Gary Black

The Future Fund LLC's managing director, Gary Black, says Tesla Inc.‘s (NASDAQ:TSLA) affordable Model Y trim level would offer the EV giant no ‘incremental volume.'

Benzinga

Alphabet, Tesla And 3 Stocks To Watch Heading Into Thursday

With U.S. stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

Benzinga

Tesla Stock Drops After-Hours, Analysts Lament Lack Of 'Clear Metrics,' Balance Sheet Pressure And Legal Risks: Elon Musk Gave 'Ton Of Ammunition' To Lawyers Suing Him

Leading analysts react to Tesla Inc.’s (NASDAQ:TSLA) second-quarter earnings call, flagging a range of concerns regarding the company and its current direction.

Benzinga

Elon Musk's Tesla Sits On $284 Million Bitcoin Windfall In Q2, Refuses to Cash Out

Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported Wednesday unrealized gains of over $280 million on its cryptocurrency holdings in the second quarter, thanks to a 30% jump in Bitcoin’s (CRYPTO: BTC) price.

Benzinga

Tesla, Alphabet, Chipotle, IBM, And Nvidia: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market witnessed a positive session today, with the Dow Jones index climbing over 500 points, or 1.1% to 45,010.29. The NASDAQ saw a rise of 0.6% to 21,020.02, while the SP 500 increased by almost 0.8% to 6,358.91.

Benzinga

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Fortune

Elon Musk says Tesla will start adding vehicles it doesn’t own into its robotaxi network next year

The Austin-based EV company is still working on taking safety drivers out of the passenger seats and expanding into new cities.

Fortune

Elon Musk wants more control of Tesla so activist investors can’t boot him—but not so much the board can’t fire him if he goes ‘crazy’

He said his ownership stake is "a major concern," noting he hoped the Tesla board addresses the issue at its annual shareholder meeting in November.

Benzinga

Elon Musk, Richest Man Alive, Is Asked How He Feels About Being Labeled 'Evil Billionaire' — 'It's Not Like I've Got Some Massive Cash Balance'

If you're expecting Elon Musk to apologize for being rich, don't hold your breath. During a 2021 sit-down with the team behind The Babylon Bee—the satire site known for spoofing everything from politics to pop culture—Musk got personal about his money, his taxes, and what he really thinks of those…

International Business Times

Tesla Reports 16% Profit Drop To $1.2 Bn On Lower Auto Sales

Tesla reported another drop in quarterly profits Wednesday on lower auto sales amid intensifying electric vehicle competition and lingering backlash over CEO Elon Musk's involvement in US politics.

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Fortune

Tesla misses Wall Street expectations on revenue, earnings per share in second quarter earnings

Wall Street analysts had entered the earnings season with low expectations for Tesla. It underachieved.

The Independent UK

Tesla profit plunges in latest quarter as Musk's turn to politics continues to keep buyers away

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits fell sharply again in the latest quarter

Benzinga

Tesla Q2 Earnings Highlights: Revenue And Earnings Fall Short; New Models Still Set For 2025–2026

Electric vehicle giant Tesla Inc (NASDAQ:TSLA) reported second-quarter financial results after market close Wednesday.

InsideEVs

Tesla's Quarter Was Pretty Brutal. Here's What Happened

In Tesla's Q2 2025 report: Sales are down, regulatory credits are down, and discounted Tesla prices mean less money coming in. Tesla could use some good news lately.

InsideEVs

Tesla's Cheaper EV Is 'Just A Model Y,' Musk Says

Tesla's more affordable model started production in June and is a cheaper Model Y, the company said on its Q2 earnings call.

The Guardian - US

Tesla reports declines in revenue and profit amid shaky financial year

Steep drop in new car sales and stock price at electric car maker linked to Elon Musk’s role in Trump administration

Benzinga

Tariffs Cloud General Motors' Outlook As Annual Profits Remain At Risk

General Motors Company (NYSE:GM) is navigating a complex automotive landscape, contending with rising tariffs and significant capital expenditures, yet the company remains steadfast in its projection of $7.5 billion to $10 billion in free cash flow for 2025.

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