Tesla Reports 16 Percent Decline In Q2 Revenue As Stock Drops 9 Percent

AUSTIN, TEXAS – JULY 25: A Tesla dealership is seen on July 25, 2025 in Austin, Texas. Tesla has reported a second consecutive quarter of year-over-year auto revenue decline as Elon Musk’s automaker grapples with competition amongst other more affordable EV makers and the looming expiration of federal electric vehicle tax credits. (Photo by Brandon Bell/Getty Images)