Tesla achieved a turnover of more than 16 billion dollars for the months of April to June, converted more than 14 billion euros. That was 16 percent less than in the same period a year earlier. The profit that remained was more than 1.1 billion dollars. This also made the result 16 percent lower than in the second quarter of 2024.
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Tesla already announced the sales figures at the beginning of this month. It emerged that the manufacturer had sold more than 13 percent fewer cars in the second quarter than in the same period last year. In total there were 384,000 cars.
Europe
Tesla has lost substantial ground in recent months in Europe. In the first three months of this year, global sale dropped back to the lowest number since the second quarter of 2022. Within the European Union, almost 44 percent fewer Tesla’s were put on license plate.
Tesla suffers from a fuss around CEO Musk. He financed Donald Trump’s election campaign with hundreds of millions of dollars and cut as an adviser to the White House in government spending. Trump and Musk recently fought openly a fight. In addition, Tesla also has more and more competition from car brands that market cheaper electric cars.
Turning point
The company itself mentions a turning point for Tesla in an explanation in an explanation. “The start of our transition from the market leader to electric vehicles and sustainable energy to also a precursor in the field of AI, robotics and related services,” said the group, which, among other things, refers to its self -driving taxis.
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They were first launched in June in the American city of Austin. There Tesla cars transported without human drivers for the first time paying passengers. Musk sees that service as crucial for the financial future of Tesla.
Investors do not seem surprised by the poor results. In the electronic Na trade, the share rose 0.1 percent, after it also won 0.1 percent in regular trade on Wednesday.