Elon Musk says a Trump presidency would be good for Tesla
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Tesla shares sink
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Tesla's shares sank nearly 7% in premarket trading as the EV giant grapples with sinking sales and mounting doubts over its future under CEO Elon Musk, deepening investor anxiety after another shaky quarter.
Tesla may have ended 2024 as the EV market leader, but 2025 has been less kind to the brand. After years of near-uninterrupted growth, Tesla is tanking its US sales. The once-unshakable demand for its core models – especially the Model 3 and Model Y – is softening as the competition catches up in
Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared.
Elon Musk warned of difficult times ahead for Tesla Inc. after one of the automaker’s worst quarters in over a decade.
Let's be honest: if any car company operating in America could produce a truly compelling, high-spec electric vehicle for well under $30,000, it's Tesla.
2don MSN
Tesla sales are nosediving in California, and it's dragging the state's entire EV market down
Tesla's registrations in the West Coast state fell more than 20% in the second quarter compared with the previous year, according to new data.
ET with analyst reactions Shares of Tesla (NASDAQ:TSLA) are straddling the flatline in postmarket trading as the company’s second quarter results were not as bad as Wall Street expected and avoided a second consecutive top- and bottom-line miss with profits in-line with expectations.
One of the more glaring omissions from Tesla’s late Wednesday earnings was that the EV maker Tesla did not update its 2025 outlook as promised.
Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.