Tesla has reaffirmed its 2025 timeline for a low-cost electric vehicle. The company reported Q2 results that were in-line with expectations, avoiding a second consecutive top- and bottom-line miss. Shares of Tesla are trading flat in postmarket trading.
Tesla (NASDAQ: TSLA) has released its Q2 2025 earnings results, which align with Wall Street expectations. The company reported GAAP EPS of $0.33 and non-GAAP EPS of $0.40 per share, with total revenues of $22.496 billion [1]. The earnings were in line with the forecasted earnings per share of $0.39 and a 13% revenue decrease to $22.19 billion [1].
The quarter saw a decrease in operating income by 42% year-over-year to $0.9 billion, resulting in a 4.1% operating margin. Tesla's strong cash position remains intact, with quarter-end cash, cash equivalents, and investments totaling $36.8 billion [1].
Tesla's Q2 2025 was notable for the launch of its Robotaxi service pilot program in Austin. The company continues to focus on expanding its autonomous driving capabilities and integrating AI and robotics into its operations [1].
The company reiterated its plans to prudently grow vehicle volumes using existing production capacity and to launch new vehicles in 2025, including an affordable model in the first half of the year [1]. Tesla also expects to start volume production of the Cybercab in 2026 using its upcoming "Unboxed" manufacturing process [1].
Tesla's stock has traded flat in postmarket trading, reflecting the market's mixed sentiment towards the company's recent performance and future prospects [1].
References:
[1] https://www.teslarati.com/tesla-tsla-q2-2025-earnings-results/
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