- Total revenue fell by 12% year-over-year (16% contraction in the core automotive segment)
- Operating margin fell to just 4.1% (was 6.3% a year ago)
- For a second straight quarter, production significantly outpaced deliveries. Global unsold inventories now at 24 days of supply (was 18 days a year ago)
- Free cash flow collapsed by nearly 89.1% to just $146 million
source: https://www.signalbloom.ai/news/TSLA/teslas-q2-revenue-drops... (disclaimer: I run this)
That trillion dollar market cap, OTOH? That seems super vulnerable.
There has been talk for years of Tesla opening a local factory, but this remains just talk.
> Tesla has confirmed through its delivery report that Cybertruck sales have now dropped to ~5,000 units per quarter.
> After planning for a production capacity of over 250,000 units per year, Tesla is currently selling the pickup truck at a rate of ~20,000 units annually.
Musk has already been in hot water more than once for that in the past.
https://www.cnn.com/2024/12/13/business/elon-musk-sec-fine-d...
"In 2018 the SEC reached a settlement with Musk and Tesla after finding that Musk had deceived investors when he tweeted out that he had “funding secured” to take Tesla private. Under that settlement Tesla and Musk both paid fines of $20 million, and Musk agreed to have his tweets about material events at the company approved by others at Tesla. He also gave up the title of chairman of Tesla, although he retained the CEO title."
"In April 2022, Musk disclosed he had purchased 9% of the shares of Twitter ahead of his purchase of the entire company later that year. The SEC sent him a letter wanting to know why he had not disclosed those purchases within 10 days of crossing the 5% threshold of shares owned, as required by securities law."
I hope the purchase of twitter and the subsequent leverage he has on politics and government is worth it. /s
The company still has 37 billion in cash on hand and has a great backlog of products.
At least in the U.S., the big 3 (Toyota, GM, Ford) all showed Year-over-year growth of automotive sales in Q2.
https://www.coxautoinc.com/market-insights/q2-2025-ev-sales/
Pretty interesting chart to be seen here. Why are interest rates affecting Tesla more than any other OEM?
