Tesla Reports Steepest Quarterly Revenue Drop in a Decade, Yet Maintains Gross Margin Above Average Forecasts
2025-07-24 / Read about 0 minute
Author:小编   

Tesla's latest quarterly financial report revealed a significant decline in revenue, down to $22.5 billion, representing a year-over-year decrease of 12%. This marks the largest revenue drop the company has seen in at least a decade and slightly falls short of Wall Street's expectations, pointing to one of its poorest quarterly performances in recent years. Adjusted earnings per share came in at 40 cents, also slightly undershooting analysts' average projections. Tesla attributed this performance to intensifying market competition and heightened public scrutiny on CEO Elon Musk, as stated in the report.