Tesla Profit Slumped in Second Quarter, a Sign Musk Is Hurting the Brand

Tesla's profits fall again as Musk hopes robotaxis will offset declining sales

The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.

Tesla earnings plunge! Elon Musk warns of 'rough quarters'; EV giant faces big challenges

Tesla reported disappointing Q2 results, with revenue and profits declining due to reduced government support and softening demand. Despite launching a refreshed Model Y, deliveries dropped, and regulatory credit revenue plummeted. CEO Elon Musk anticipates a few challenging quarters ahead, attributing it to reduced EV tax credits.

Tesla profit plunges in latest quarter as Musk’s turn to politics repels buyers

NEW YORK -- The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.

Tesla profit plunges in latest quarter as Musk's turn to politics repels buyers

NEW YORK (AP) — The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.

Tesla's Profit Plunges Again As Buyers Reject Musk's Politics

The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.

Tesla profit slumped in second quarter, a sign Musk is hurting the brand

The fallout from Elon Musk's dive into politics a year ago is still weighing on Tesla sales, analysts say.