Tesla profits pulled down by falling EV sales and regulatory credits | TechCrunch
Briefly

Tesla's second quarter in 2025 showed a revenue of $22.5 billion, marking a 12% decline from the prior year. Net income for the quarter was $1.17 billion, a 16% decrease compared to the same period in 2024. The company delivered 384,122 vehicles, reflecting a 13.5% drop year-over-year. Regulatory credits contributed $439 million, down 50% from last year. Despite a 17% growth in the services segment, it was insufficient to offset losses. Legal challenges, including false advertising claims, pose additional threats to Tesla’s sales strategy.
Tesla's second quarter revenue hit $22.5 billion, reflecting a 12% year-over-year decline, alongside a significant drop in sales and operating income.
The company delivered 384,122 vehicles in the second quarter, which is a 13.5% decline compared to the same period last year, despite a slight improvement over the first quarter.
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