KPL
(KPL/AFP) Tesla reported another drop in quarterly profits Wednesday on lower auto sales amid intensifying electric vehicle competition and lingering backlash over CEO Elon Musk's involvement in US politics.
(FILES) An aerial view shows cars parked at the Tesla Fremont Factory in Fremont, California on February 10, 2022. Tesla reported another drop in quarterly profits July 23, 2025 on lower auto sales amid intensifying electric vehicle competition and lingering backlash over CEO Elon Musk's involvement in US politics. (Photo by JOSH EDELSON / AFP)
(KPL/AFP) Tesla reported another drop in quarterly profits Wednesday on lower auto sales amid intensifying electric vehicle competition and lingering backlash over CEO Elon Musk's involvement in US politics.
Tesla reported second-quarter profits of $1.2 billion, down 16 percent from the year-ago level. The company in a press release emphasized ongoing efforts to lead in artificial intelligence and robotics.
KPL
