Tesla slides after Q2 results, what happend?

EV giant Tesla (TSLA) announced its latest financial report on Wednesday, with second-quarter performance falling short of expectations. Total revenue for the second quarter was $25.5 billion, up 2% from the same period last year; net profit was$1.478 billion, down 45% year-over-year, leading to a significant drop in its stock price, which closed down 12% today. 

Meanwhile, Musk also confirmed during the second-quarter earnings call that the planned release of the Robotaxi on August 8 will be postponed to October 10 this year for its official launch.