Tesla: Quarterly net profit, declining, sales at half mast

Meanwhile,

Tesla: quarterly net profit, declining,:

Keystone-SDA

The Tesla electric vehicle specialist announced on Wednesday a 16% drop in net profit in the second quarter. For example, He was notably affected by a new withdrawal of vehicle sales in a context of increased competition. Nevertheless, – Tesla: quarterly net profit, declining,

(Keystone-ATS) Between April and June, the group has garnered a turnover of $ 22.5 billion (-12% over a year) and a net profit of 1.17 billion, below the expectations of the consensus of FactSet analysts (1.4 billion).

Reported by tesla: quarterly net profit, declining, action. Furthermore, excluding exceptional elements -reference value for markets -, the net profit appears at 40 cents, a decline of 23% over a year. But it corresponds exactly to consensus.

In its press release. the Austin group (Texas) specifies that it has started in June to make the first copies of a low -cost model – much awaited but of which no detail has filtered – and whose large -scale production should start in the second half of the year.

Its semi-trailer-baptized semi-and its Robotaxi Cybercab-driver-free vehicle intended for taxi services-should start out of production channels in 2026, Tesla said.

Robots et IA

The group. especially its boss Elon Musk, after its involvement in the American political sphere, were expected at the turn, because Tesla must negotiate a crucial turn for its existence linked to autonomous conduct and artificial intelligence.

On this point. the press release published Wednesday after the closure of Wall Street tesla: quarterly net profit, declining, mentions an “acceleration over time of the income generated by the AI, software and linked to the fleet”.

The start-up XAI is one of the other richest man-controlled societies on the planet. specializing in artificial intelligence and which recently absorbed social network X, which also belongs to it. Elon Musk indicated in mid-July that Tesla was going to submit to her shareholders. gathered in general assembly on November 6, an investment project with the capital of Xai.

Tesla experienced. in the second quarter, a drop in world sales for the second consecutive quarter: he presented 384,122 vehicles to their owners between April and June, against 443,956 over the same period of 2024, a drop of 13.5%, after a decline of 13% in the first quarter, according to figures published in early July.

On the production side. the Tesla factories maintained the same level as a year earlier with 410,244 vehicles out of the tesla: quarterly net profit, declining, assembly chains between April and June. But it is some 25,000 more than the volume of sales over the same period, which will therefore grow stocks.

Further reading: Technology assembly anticipates an increase of 85.5 % to 102.4 % of its net profit in the first halfThis element of the Coca-Cola recipe will change at the request of Donald Trump: “You will see, it’s simply better!”More than 67,000 deodorants recalled in the United StatesSemiconductors dried up by climate changeGrok is a “sexy girlfriend” with explicit discussions and that is a problem for Apple.

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