11:30 - 24.07.2025

---

July 24, Fineko/abc.az. Tesla shares fell 18% after the quarterly report. So, on July 23, 2025, the shares were worth $332.56.

Company's net profit in the 2nd quarter of 2025 declined by 16% to $1.17 billion, CNBC writes. In the 2nd quarter of 2024, this figure was $1.4 billion.

Total revenue decreased 12% year-over-year to $22.5 billion from $25.5 billion in the 2nd quarter of 2024. The automotive division earned $16.7 billion (16% less), and the energy division earned $2.8 billion (7% less).

In early July, the company announced that it had delivered 384,120 electric vehicles from April to June, with shipments falling 13% for Q2 in a row.

In a telephone conversation with investors, Tesla founder Elon Musk warned that the company is facing "several difficult quarters" due to the termination of government support for electric vehicles.