Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.

Tesla revenue slipped 12% year over year in the second quarter of 2025, the company's July 23 earnings release showed. The Elon Musk -helmed electric car manufacturer took in $22.5 billion in revenue, down from $25.50 billion in the second quarter of 2024. It is the company's largest revenue drop in over a decade, according to Reuters.

Tesla has lagged the S&P 500 with fading momentum, high volatility, and fundamentals that don’t justify its valuation. Find out why TSLA stock is a hold.

Tesla’s battery business has been feeling the pain, too. For a while, this was a growth area for the company, albeit one with a relatively minor contribution to the bottom line. During Q2 2025, Tesla’s energy generation and storage division brought in $2.8 billion in revenue, a 7 percent decline from the same period in 2024.

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.

Tesla (TSLA) reported a slight earnings and revenue miss in the second quarter but said its "more affordable" model was still slated for production in the second half of 2025. Tesla reported second quarter revenue of $22.

The company, which supplies Tesla, General Motors and Volkswagen among other automakers, reported an operating profit of 492 billion won ($358.73 million) for the April-June period, versus a 195 billion won profit a year earlier.

Retail chatter on Stocktwits around EV giant Tesla Inc. (TSLA) jumped 117% over the past seven days as investors geared up for the company’s second-quarter earnings and responded to the weak numbers.