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.

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.

The electric vehicle giant reported a 12% year-over-year drop in revenues, which fell to $22.5B for the April to June quarter, according to its earnings report released Wednesday. That marks the sharpest quarterly revenue decline in more than a decade, according to Reuters.

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.

Q2 2025 Earnings Conference Call July 23, 2025 5:30 PM ETCompany ParticipantsAshok Elluswamy - Executive OfficerElon R.

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

Electric vehicle pioneer Tesla (NASDAQ:TSLA) in Q2 CY2025, with sales falling 11.8% year on year to $22.5 billion. Its non-GAAP profit of $0.40 per share was in line with analysts’ consensus estimates.

Live Updates Live Coverage Updates appear automatically as they are published. Tesla's Segment Revenue Heading Into Q2 1:17 pm Tesla’s growth narrative hinges on more than just car sales. This table shows how each business line contributes to revenue and margin — giving investors a clearer view of the company’s diversification and profitability mix.

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.