ET with analyst reactions Shares of Tesla (NASDAQ:TSLA) are straddling the flatline in postmarket trading as the company’s second quarter results were not as bad as Wall Street expected and avoided a second consecutive top- and bottom-line miss with profits in-line with expectations.

Tesla is out with its Q2 2025 earnings results, and the stock is moving in after-hours trading. The EV maker reported earnings-per-share of $0.27/share and revenues of $19.335 billion, missing analysts' EPS expectation of $0.39/share and estimated revenue of $21.11 billion.

The electric vehicle giant reported a 12% year-over-year drop in revenues, which fell to $22.5B for the April to June quarter, according to its earnings report released Wednesday. That marks the sharpest quarterly revenue decline in more than a decade, according to Reuters.

Tesla blamed the disappointing results on a combination of factors including a decline in vehicle deliveries as well as lower revenues from regulatory credits. On top of that, the average vehicle selling price has dropped and there is increased competition.

Tesla’s battery business has been feeling the pain, too. For a while, this was a growth area for the company, albeit one with a relatively minor contribution to the bottom line. During Q2 2025, Tesla’s energy generation and storage division brought in $2.8 billion in revenue, a 7 percent decline from the same period in 2024.

Tesla missed revenue and earnings expectations in Q2 2025 and reported another drop in vehicle deliveries — but one key area of its balance sheet remains rock solid, offering a quiet win amid the turbulence.

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 video,

A new accounting rule this year lets companies mark crypto assets to market, benefiting Tesla’s balance sheet.

Tesla (TSLA) reported a slight earnings and revenue miss in the second quarter but said its "more affordable" model was still slated for production in the second half of 2025. Tesla reported second quarter revenue of $22.

Live Updates Live Coverage Updates appear automatically as they are published. Tesla's Segment Revenue Heading Into Q2 1:17 pm Tesla’s growth narrative hinges on more than just car sales. This table shows how each business line contributes to revenue and margin — giving investors a clearer view of the company’s diversification and profitability mix.

Explore Tesla, Inc.'s Q2 with insights on demand concerns, expiring EV tax credits, and a premium valuation amid weakening fundamentals. Click for my TSLA update.