The US car maker will be Tesla present his balance sheet for the second quarter. Observers expect a significant decline in sales and profits: According to data from Visible Alpha, analysts expect a decline in net profit by $ 17 to $ 1.1 billion. Tesla’s turnover in the second quarter should have fallen by around 9 percent to $ 23 billion compared to the previous year.
While the NASDAQ tech exchange is currently noted at a record level, the Tesla share has given up by almost 20 percent since the beginning of the year. Investors now hope that Tesla will report progress in the robotaxi business despite all the difficulties in the core business.
Tesla has been suffering from falling sales figures for months. In the second quarter, Tesla dropped around 384,000 vehicles worldwide, a decline of 13 percent compared to the previous year.
New registrations in California decreased by around 20 percent
Also in the US state of California, which is important for the auto industry, the Tesla electric cars are no longer in demand-despite the refresher of the Model Y., the number of approvals fell by 21 percent to 41,138 vehicles in the second quarter, as was the result of data from the industry association California New Car Dealers Association on Tuesday. In the same period last year there were 52,119.
The polarizing political activities of company boss Elon Musk (54) Tesla gave an image problem, both in Europe and in the USA.
Musk was the most important supporter of US President in the election campaign Donald Trump (79). Now Trump’s new budget law (Big Beautiful Bill) the US car manufacturer billions of dollars
: The reverse gear of the US government when it comes to climate protection for cars will in future be strongly reduce Tesla’s income. On the one hand, the tax funding of the electrical car purchase will be abolished, and on the other hand, car manufacturers at federal level should no longer pay punishments for excessive CO₂ emissions from their new car fleets.
So far, Tesla bought credits for saved CO₂ emissions to meet the limit. Musk had recently overwhelmed Trump and announced the establishment of his own party.