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Tesla profit slumped in second quarter, a sign Musk is hurting the brand

Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings. "The perception of Elon Musk,

ABC News on MSN · 3d

Tesla profits drop 16% as Elon Musk faces continued backlash

Tesla's profits fell 16% over a three-month period ending in June that overlapped with the end of chief executive Elon Musk's tenure in the White House and his ensuing public clash with President Donald Trump, an earnings release on Wednesday showed.

LAist on MSN · 2d

Tesla profits slide 16%, despite Elon Musk's pivot back to his companies

Tesla on Wednesday reported a drop in its profit during the second quarter, as the electric vehicle maker's woes continue despite CEO Elon Musk's pivot back to focusing on his companies after his controversial role leading the Trump administration's government cost cutting efforts.

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Tesla profits plummet

The tech company reports its third quarter of declining profits in a row, amid the ongoing backlash against Elon Musk's foray ...

Tesla Reports Falling Profit as Car Sales Slow

Tesla has offered low-interest loans and other incentives to try to revive sales, but these efforts have depressed the ...

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Tesla’s profit plunges again as the fallout from Elon Musk’s politics continues to repel buyers

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits ...

Tesla's profits fall again as Musk hopes robotaxis will offset declining sales

The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits ...

Musk leans into autonomy after Tesla reports 16% profit drop

Tesla's profit slid 16% in the second quarter, it said Wednesday. CEO Elon Musk will face investors in the company's earnings ...

Tesla: Why I Am Willing To Continue To Pay The 'Tesla Premium'

Tesla, Inc.'s Q2 results disappoint with a sales drop, but Model Y sales in China and EV leadership signal potential to ...

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Cheaper Model Y Can’t Come Soon Enough As Tesla’s Profits Tank Again

Elon Musk’s political controversies are widely believed to have damaged Tesla’s image. This, together with stronger and ...

Tesla’s earnings hit a new low, with largest revenue drop in years

The Verge is about technology and how it makes us feel. Founded in 2011, we offer our audience everything from breaking news to reviews to award-winning features and investigations, on our site, in ...

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