Was there anything about this autonomy promise that is enough to make up for the ugly, fundamental picture in the here and now. William. Oh, sure.If you take a very long term view and look at the track record of this remarkable human being and the team that he's been able to assemble, they've done some just really amazing things with new technology in automotive and and certainly in AI, and it's moving more in that direction. So one can certainly take that very much optimistic view on the long term. However ...

Group 1 - Tesla, Inc.'s stock has declined nearly 13% this year, underperforming the broader market's significant gains during the same period [1] - CEO Elon Musk has openly acknowledged challenges within the automotive unit, indicating potential issues affecting the company's performance [1]

Finally, Mr. . Secretary, on Japan, there were some complaints yesterday from the domestic auto lobby that some cars made by US producers might be facing higher levies than cars built entirely in Japan. Does that do did they have that right.That's just Oh my god, that's just so silly. I mean, come on. You know, 15% by the Japanese.Okay, it's not as good as 25%. When your competitor goes from 25% against them to 15% against them, I guess you're a little bummed out, but come on, there's no tariff. If you buil ...

On a call with Wall Street, Elon Musk glided past Tesla’s falling sales and loss of profits from car sales as he described Tesla as a company in transition https://t.co/7SZutdYJik ...

Advance Auto Parts will "beat" earnings this quarter -- but that's not what investors are worried about.Advance Auto Parts (AAP -7.08%) stock tumbled 7.3% through 1 p.m. ET Thursday, leaving investors wondering "what went wrong?"The auto parts retailer preannounced "highlights" from its Q2 earnings today, and the highlight-iest part of all was this: Q2 revenue that Wall Street predicted at $1.97 billion will definitely beat that number, and might rise as high as $2 billion. Advance Auto Parts Q2 earningsSo ...

Tesla CEO Elon Musk just gave investors a bold prediction for a potentially massive imminent revenue boost.Investors knew electric vehicle (EV) sales have been slumping for Tesla (TSLA -8.70%). The EV leader announced a 13.5% year-over-year drop in second-quarter deliveries on July 2. Yet the stock is tanking today after Tesla reported its full second-quarter financial update today.Shares dropped as much as 10% before paring some of that loss. As of midday trading, Tesla stock was still down by about 9% aft ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Insights - Tesla reported second-quarter 2025 earnings per share of 40 cents, exceeding the Zacks Consensus Estimate of 39 cents but down from 52 cents in the previous year. Total revenues reached $22.5 billion, surpassing the consensus mark of $22.4 billion but declining 12% year over year [1][10]. Production and Deliveries - Tesla's second-quarter production totaled 410,244 units, a slight decline of 0.1% year over year, missing the estimate of 453,081 units. Vehicle deliveries were 384,122, down 13.5% year over year and below the estimate of 420,079 units. Model 3/Y deliveries were 373,728, reflecting an 11.5% year-over-year decline [2][10]. Automotive Revenues - Total automotive revenues amounted to $16.7 billion, down 16% year over year and below the estimate of $18.3 billion. This figure included $439 million from regulatory credit sales, which decreased 50.7% year over year. Excluding leasing and regulatory credits, automotive sales totaled $15.8 billion, missing projections of $17.4 billion [3][10]. Profitability Metrics - Automotive gross profit, excluding leasing and regulatory credits, was $2.2 billion, with an automotive gross margin of 14.1%, slightly up from 13.9% in the second quarter of 2024. However, the operating margin declined by 219 basis points year over year to 4.1%, falling short of the estimate of 4.7% [3][4]. Energy and Services Revenue - Energy Generation and Storage revenues were $2.8 billion, down 7% year over year and below the estimate of $3 billion. Energy storage deployments reached 9.6 GWh. Services and Other revenues totaled $3 billion, up 17% year over year but also falling short of the estimate of $3.1 billion [5]. Financial Position - As of June 30, 2025, Tesla had cash, cash equivalents, and investments totaling $36.8 billion, slightly up from $36.5 billion at the end of 2024. Long-term debt and finance leases net of the current portion decreased to $5.2 billion from $5.8 billion [6]. Cash Flow and Capital Expenditure - Net cash provided by operating activities was $2.5 billion in the second quarter, down from $3.6 billion in the previous year. Capital expenditures totaled $2.4 billion, with free cash flow generated at $146 million, significantly lower than the $1.3 billion generated in the second quarter of 2024 [7].

COMPLETE DIGITAL CATALOG FOR AUGUST 13-14 AUCTION NOW AVAILABLE | TWO-DAY SALE FEATURES HIGHLY DESIRABLE COLLECTOR CARS ACROSS TODAY’S MOST ACTIVE MARKET CATEGORIES The landmark 2005 Maserati MC12 Stradale set to headline Broad Arrow’s 2025 Monterey Jet Center Auction Credit – Robin Adams / Courtesy of Broad Arrow Auctions 2008 Koenigsegg CCXR offered at Broad Arrow’s Monterey Jet Center Auction Credit - Robin Adams / Courtesy of Broad Arrow Auctions Grosse Pointe, Michigan, July 24, 2025 (GLOBE NEW ...

Grosse Pointe, Michigan, July 24, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is delighted to announce final entries for its flagship Monterey Jet Center Auction on August 13-14, led by a landmark 2005 Maserati MC12 Stradale, chassis number 12095. One of just 50 MC12 Stradale road cars built to homologate Maserati’s dominant FIA GT1 racer, the car on offer shows just over 11,500 kilometers (Estimate: $4,800,000 - $5,500,000). “The MC12 is the pinnacle of the Maserati brand ...