Tesla Q2 Earnings Highlights: Revenue And Earnings Fall Short; New Models Still Set For 2025–2026
1. Tesla's Q2 revenue missed estimates at $22.5 billion, down 12%. 2. Automotive revenue decreased 16% year-over-year amid lower deliveries. 3. Operating income fell 42% with a margin of 4.1%. 4. Tesla launched Robotaxi service, signaling a pivot towards AI and robotics. 5. Despite challenges, Tesla maintains a strong $36.8 billion cash position.