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.

Auto policies have been in flux during the second Trump administration. Tesla, and the rest of the industry, will lose the $7,500 purchase tax credit at the end of September. Just as important, changing emissions standards will lower Tesla’s zero-emissions credit sales,

The fallout from Elon Musk's dive into politics a year ago is still hammering Tesla sales, as profits drop sharply in latest quarter.

The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong competition from cheaper electric vehicles and a backlash against CEO Elon Musk’s political views.

Tesla said on Wednesday it has built initial versions of an affordable car, a move likely meant to stem the steep decline in sales the company has experienced in markets across the world.

Tesla just flipped the switch on something wildly different. In the heart of West Hollywood, Elon Musk’s long-teased vision has finally come to life: a retro-futuristic diner where you can charge your EV,

Tesla started "initial production" of a long-awaited cheaper model widely seen as the cure to its sagging sales, the company said in its second-quarter earnings release on Wednesday. Tesla completed the "first builds" of that model in June, and said it expects to kick off mass production of the new car in the back half of 2025.

Tesla started making the "first builds" of its affordable model in June, the electric vehicle maker said on Wednesday, adding that it expects volume production in the second half of this year.

Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income plunging 16% and automot

Tesla saw a 17% growth in its services business, but it was not enough to close the gap in falling EV sales, fewer regulatory credits, and a decline in solar and energy storage sales.