Tesla(US:TSLA) 贝塔投资智库·2025-07-24 04:24Core Viewpoint - Tesla's Q2 financial results show a significant decline in revenue and earnings, raising concerns about its future performance amid increasing competition and regulatory challenges [2][4][6] Financial Performance - Tesla's total revenue for Q2 decreased by 16% year-over-year to $22.5 billion, falling short of analyst expectations of $22.74 billion [2] - Adjusted earnings per share were $0.40, also below the market forecast of $0.43 [2] - Automotive revenue dropped from $19.9 billion in the same quarter last year to $16.7 billion, with regulatory credit sales plummeting from $890 million to $439 million [2] Production and Deliveries - In Q2, Tesla delivered 384,122 vehicles, a 14% year-over-year decline [4] - The production figures for Q2 were 410,244 units, reflecting a slight increase of 13.1% compared to the previous quarter [3] Market Reaction - Following the earnings report, Tesla's stock price fell by as much as 5% in after-hours trading [4] - Year-to-date, Tesla's stock has declined approximately 18%, contrasting with a 9% rise in the Nasdaq index [5] Strategic Initiatives - Tesla is advancing its product lineup, with plans to mass-produce a more affordable model by the second half of 2025, although production has faced delays [5] - CEO Elon Musk emphasized the future reliance on autonomous taxi services and the Optimus robot, despite current regulatory hurdles [5][6] Other Business Segments - Tesla's services and other segments, including charging services, saw a 17% increase in gross profit, driven by the growth in Supercharger sales [6] - The number of Supercharger stations increased to 7,377, with over 2,900 new stations added in the quarter [6]