Tesla reported a slight earnings and revenue miss in the second quarter, but said its 'more affordable' model was still slated for production in the second half of 2025.

Tesla revenue slipped 12% year over year in the second quarter of 2025 the company's July 23 earnings release showed. The company took in $22.5 billion in revenue, down from $25.50 billion in the second quarter of 2024. It is the company's largest revenue drop in over a decade, according to Reuters.

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.

Tesla’s battery business has been feeling the pain, too. For a while, this was a growth area for the company, albeit one with a relatively minor contribution to the bottom line. During Q2 2025, Tesla’s energy generation and storage division brought in $2.8 billion in revenue, a 7 percent decline from the same period in 2024.

Tesla reported a 16 per cent profit and 12 per cent revenue drop in Q2. Musk warned of rough quarters ahead after which the stock of the company fell 4.5 per cent.

A new accounting rule this year lets companies mark crypto assets to market, benefiting Tesla’s balance sheet.

Tesla missed revenue and earnings expectations in Q2 2025 and reported another drop in vehicle deliveries — but one key area of its balance sheet remains rock solid, offering a quiet win amid the turbulence.

General Motors says it lost more than $1 billion in the second quarter because of U.S. tariffs. Stellantis lost more than double that in the first half of the year and blamed a sizeable chunk of that on tariffs, as well.

Explore Tesla, Inc.'s Q2 with insights on demand concerns, expiring EV tax credits, and a premium valuation amid weakening fundamentals. Click for my TSLA update.