Tesla reported Q2 revenue of $22.5 billion, compared to an estimated $22.64 billion. Adjusted earnings were $0.40 versus an expected $0.42 per share. The EV maker said a more affordable model is still slated for production in the second half of 2025.
Former vice president at Tesla and LYFT Karim Bousta discusses the results, saying the only way for the company to get out of this decline is to “build amazing products that customers love.”
Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber describes Tesla’s Q2 earnings report as “garbage… a sad and depressing business in decline.”
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