Tesla chief Elon Musk warns of ‘few rough quarters’ after profit plunge
In Tesla’s Q2 2025 earnings call, CEO Elon Musk delivered a sobering message: the electric vehicle (EV) giant may face several challenging quarters. Citing a sharp 12% decline in revenue—the steepest drop in over a decade—and a 16% fall in net income to around $1.2 billion, Musk made it clear that Tesla is entering a “weird transition period” marked by major external and internal headwinds
