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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