Overview

• Tesla delivered 384,122 vehicles in the April–June quarter, marking both sequential and year-over-year declines that signaled softening demand.
• Cantor Fitzgerald cut its Q2 revenue forecast by 12.9% to about $21 billion and analysts project adjusted EPS near $0.42 on a roughly 10% annual revenue drop.
• The company’s stock has slipped nearly 20% year-to-date under pressure from tariffs on imports, Elon Musk’s political engagements and a maturing EV market.
• Tesla’s paid robotaxi pilot in Austin doubled its service area last week and is pending approvals for San Francisco, Europe and China before broader commercialization.
• A promised sub-$30,000 model did not enter production in H1 2025 and is now eyed for Q4, while investors await a clearer unsupervised Full Self-Driving release timeline.