Tesla, Inc. (TSLA) reported second-quarter earnings on June 30, 2025, with earnings per share at 40 cents, slightly exceeding the Zacks Consensus Estimate of 39 cents but down from 52 cents in the prior year. Total revenues reached $22.5 billion, surpassing expectations of $22.4 billion, though this marked a 12% decline year over year.
In terms of production, Tesla manufactured 410,244 units, a decrease of 0.1% from the previous year and below the estimated 453,081 units. Vehicle deliveries totaled 384,122, down 13.5% year-over-year and missing the forecast of 420,079 units. Automotive revenues were reported at $16.7 billion, down 16% and below the expected $18.3 billion, with automotive gross profit recorded at $2.2 billion.
As of June 30, 2025, Tesla held cash and equivalents worth $36.8 billion, slightly up from $36.5 billion at the end of 2024. The company faced a decline in net cash provided by operating activities, falling to $2.5 billion from $3.6 billion in the prior year.
