Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.

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 (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.

Retail chatter on Stocktwits around EV giant Tesla Inc. (TSLA) jumped 117% over the past seven days as investors geared up for the company’s second-quarter earnings and responded to the weak numbers.

Tesla, Inc.'s Q2 results disappoint with a sales drop, but Model Y sales in China and EV leadership signal potential to rebound. Click for my TSLA earnings update.

Q2 delivery miss is likely to have rattled investor nerves, but Wedbush’s Dan Ives views it more like a beginning than a breakdown. With investors focusing a lot on short-term noise, Ives believes that Tesla’s transformation is just getting started.