Tesla's 2025 Q2 financial report was announced and full-year capital expenditure expectations were adjusted, and the stock price fell sharply
Tesla's revenue in the second quarter of 2025 fell 12% year-on-year to US $22.5 billion, net profit fell 16% year-on-year, and its stock price fell sharply. The financial report showed that the value of Bitcoin's holdings rose to $1.2 billion, revenue was higher than expected, and earnings per share were in line with market expectations. Tesla expects full-year capital expenditures to exceed $9 billion, up from previous estimates of more than $10 billion. Tesla CEO Musk warned of poor performance in the next few quarters. The company will face challenges such as policy changes, intensified competition, and delays in new products. He plans to launch new models and Robotaxi services, emphasizing the future development of autonomous driving and robots.