Tesla’s Q2 Earnings Plunge Amid Brand Fallout, Musk Pushes Ambitious Robotaxi Vision
Tesla’s Q2 Earnings Plunge Amid Brand Fallout, Musk Pushes Ambitious Robotaxi Vision Tesla Inc. has reported a significant downturn in its second-quarter earnings, with both revenue and profits falling for the second consecutive quarter. The electric vehicle giant announced Wednesday that revenue for the three months ending June 30 plummeted 12% year-over-year to $22.5 billion, while earnings per share dropped 23% to $0.40, missing analyst expectations. The financial slide comes amid ongoing brand damage attributed to CEO Elon Musk’s political…