Tesla profits pulled down by falling EV sales and regulatory credits

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Falling EV sales combined with a lower average selling price, less cash from regulatory credits, and a decline in solar and energy storage revenue took a toll on Tesla’s bottom line in the second quarter of 2025. And a 17% growth in revenue in its services business, which includes capital generated from its Supercharging network, wasn’t enough to close the gap.

The company reported Wednesday rel=”nofollow” href=”https://www.tesla.com/sites/default/files/downloads/TSLA-Q2-2025-Update.pdf”>revenue of $22.5 billion, a 12% decline from the same period last year. The company’s Q2 revenue results did show an improvement over the first quarter…



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Tesla profits pulled down by falling EV sales and regulatory credits


Falling EV sales combined with a lower average selling price, less cash from regulatory credits, and a decline in solar and energy storage revenue took a toll on Tesla’s bottom line in the second quarter of 2025. And a 17% growth in revenue in its services business, which includes capital generated from its Supercharging network, wasn’t enough to close the gap.

The company reported Wednesday rel=”nofollow” href=”https://www.tesla.com/sites/default/files/downloads/TSLA-Q2-2025-Update.pdf”>revenue of $22.5 billion, a 12% decline from the same period last year. The company’s Q2 revenue results did show an improvement over the first quarter…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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