Tesla profits reached the lowest new level, with the largest decrease in revenue for years

I issued Tesla to her Financial profits in the second quarter Today, he provided the latest evidence of the damage to the political activities of Eileon Musk to his leading company.

Tesla said it had received $ 1.17 billion in net income at $ 22.5 billion of revenue. This is higher than Wall Street expectations of $ 22.3 billion, but it represents a 12 % decrease on an annual basis compared to $ 25.5 billion in the second quarter of 2024.

The company’s profits were also significant, as it recorded a 16 percent decrease in net income for the second quarter on an annual basis. Car revenues in Tesla – the money it earns from car sales – decreased by 16.6 percent on an annual basis, from $ 19.9 billion in the second quarter of 2024 to $ 16.6 billion in this last quarter. 439 million dollars were sold in regulatory credits again imposed Talani – although this is It is expected to dry soon After the Republicans agreed to Congress, on President Donald Trump’s plan to get rid of the fines of car manufacturers that exceed fuel efficiency.

The profits come in the other afternoon Company sales report for the company. Tesla said it provided a total of 384122 cars, a 14 % decrease compared to the second quarter of 2024. (For a direct consumer company like Tesla, delivery operations are sales agents.)

Tesla said that its operating income decreased by 42 percent on an annual basis to less than a billion dollars, with nearly a half of the sale of organizational credits to other auto manufacturers (again, revenues are expected to fade in the coming months). The Tesla Monetary Pile decreased by 200 million dollars in the second quarter to 36.8 billion dollars, and a free cash flow (or the amount of cash generated by the company after the daily operating expenses and capital expenses) represented only $ 100 million. Some analysts expect The free Tesla flow can actually turn into negative later this year, which may lead to a sharp decrease in the share price.

In her report, Tesla said she completed “the first more affordable structures in June, with planning to produce size for the second half of 2025.” These models are expected to be affordable Form 3 and Form Editions are strippedInstead of a completely new car program, which many investors hoped. The company said it also continues to develop both Tesla half and Cybercab, which is expected to enter the size of size in 2026.

Tesla also indicated the economic uncertainty caused by the Trump administration’s trade war, as well as “political feelings” that turned its trademark into many customers. However, the company failed to mention the policy or the increasing popularity of Musk in the reasons for the low revenue, instead, noting that its sales decreased, decreased regulatory credit revenues, the average price of vehicle sale, and low energy generation revenues and storage revenues.

After years of cavity, the sudden reflection of Tesla’s wealth left many investors and supporters with the injury. Tesla now works as a realistic example of what happens when the company is left on the automated pilot (or Automated pilotAs it was) while the prominent chief executive organization is dispersed Double side tasks.

Musk has publicly moved away from his controversial position as head of the Trump administration, and the Trump administration’s effort to reduce “waste, fraud and abuse” from the federal government, which mostly led to huge discounts for global humanitarian assistance and the release of thousands of federal workers. But although he publicly abandons Trump, Musk has not completely retracted his political activities. Earlier this month, he said it would create a new political party called the “America Party”, following its threat to the challenge of Republicans who supported the Trump budget bill.

While Musk slides in a deeper politics, investors urged him to continue to focus on Tesla and costly – And the doubt about it A project to build more self -driving cars and human robots. The company launched the first robotics service in Austin, Texas, last month – despite the service It fell into previous musk predictions. The vehicles were only available to a group of pro -Tesla influencers, and each car came with it Safety monitoring in the passenger seat Those who managed to reach the killing key.

While Musk would like investors to focus on Tesla work with AI and self -driving cars, the company is still working on making and selling cars. But with the high competition temperature in China and Europe, here in the United States, the federal incentives that reduce the price of most EVS by the end of September – again, are scheduled to disappear. After this, it is expected that the sales of Tesla will decrease more.

Tesla’s response to the demand crisis – as you think – deals, deals and more deals. In recent days, The auto company has provided a series of discounts and financing incentives In all its models, as it seeks to take advantage of what is likely to be the last chance of her successful sales this fall.