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Tesla Expected To Post Profit Decline After Historic Sales Drop
Forbes· 2025-07-23 14:20
ToplineAnalysts project a double-digit drop for Tesla’s top and bottom lines when the company reports second-quarter earnings after market close Wednesday, after Elon Musk’s automaker reported a historic decline in quarterly deliveries in the wake of Musk’s alliance with Trump and their fallout. Economists expect double-digit drops for the automaker’s top and bottom lines after a record decline ... More for quarterly vehicle deliveries.NurPhoto via Getty ImagesKey FactsTesla is expected to report $0.40 earn ...
Tesla Vehicle Deliveries Shrank 13% Last Quarter — A Historic Decline As Elon Musk's Troubles Mount
Forbes· 2025-07-02 13:05
ToplineTesla investors received more suboptimal news when Elon Musk’s automaker reported sales data below Wall Street’s already muted expectations, as Tesla’s headaches swell in wake of Musk’s cozying up to – and split from – President Donald Trump. The declining vehicle deliveries came as Elon Musk fell out of favor with Donald Trump. AFP via Getty ImagesKey FactsTesla said Wednesday morning it delivered 384,122 vehicles to customers during the second quarter, coming in below consensus analyst forecasts of ...