Tesla
7/28/2025 12:50am
Here is some news about Tesla:
1. **Tesla's Q2 2025 Earnings Report**: Tesla's Q2 2025 earnings report revealed disappointing results, with total revenues amounting to $22.496 billion and non-GAAP EPS of $0.40 per share. This performance marked a significant decline, especially when compared to the previous year's second quarter.
2. **Tesla's Robotaxi Service Launch**: Tesla unveiled its robotaxi service with a high-profile launch event in Austin, Texas. However, shortly after, the U.S. National Highway Traffic Safety Administration (NHTSA) initiated an investigation regarding videos showing Tesla robotaxis driving erratically. This incident led to a notable drop in Tesla's stock price.
3. **Investor Concerns and Stock Performance**: Tesla's stock has been under pressure in 2025, with a 16.7% year-to-date decline and a 9.5% drop following the earnings report. The company's challenges, including the impact of credit losses and CEO Elon Musk's political involvement, have contributed to investor unease.
4. **CEO Elon Musk's Valuation Claim**: Despite the setbacks, Elon Musk expressed optimism about Tesla's potential valuation, stating that "extreme execution is needed, but a valuation of $20 trillion for Tesla is possible." This remark led to a 3.9% increase in Tesla's stock price the following day.
In conclusion, Tesla (TSLA) has faced a challenging period recently, with disappointing earnings, regulatory issues, and investor concerns. However, the company's long-term potential and the support of its CEO have shown resilience in the face of short-term difficulties.