Tesla profits pulled down by falling EV sales and regulatory credits
1. Tesla's Q2 revenue fell 12% year-over-year to $22.5 billion. 2. Net income decreased 16% compared to last year, falling to $1.17 billion. 3. Regulatory credits dropped by 50%, impacting overall earnings. 4. Vehicle deliveries in Q2 decreased by 13.5% compared to 2024. 5. Legal pressures regarding Autopilot claims could affect sales recovery.