Tesla posted its monetary outcomes for the second quarter of 2025 this afternoon. The numbers present yet one more unhealthy three months for the automaker. As competitors within the EV market has exploded, Tesla has more and more been left behind, with a small and getting old mannequin lineup, earlier than we even ponder how CEO Elon Musk has tarnished what was as soon as the most well liked model within the automobile world. Earlier this month, we realized that gross sales dropped by 13 % 12 months over 12 months in Q2 2025; at the moment, the financials present that automotive revenues fell much more, dropping 16 % 12 months over 12 months to $16.7 billion.
Tesla’s battery enterprise has been feeling the ache, too. For some time, this was a progress space for the corporate, albeit one with a comparatively minor contribution to the underside line. Throughout Q2 2025, Tesla’s power technology and storage division introduced in $2.8 billion in income, a 7 % decline from the identical interval in 2024.
Gross sales of Carbon credit—these government-issued permits that different automakers purchase with the intention to pollute—shrank by greater than half, to $490 million. These different automakers are actually promoting EVs, no less than most of them, and have much less want to purchase credit from Tesla. It’s probably this subsidy, which has stored the corporate out of the purple up to now, can be even much less of a contributor within the coming years because the US strips away environmental protections.
