Tesla's latest earnings report delivered a double disappointment, with revenue and profits falling short of expectations.
Revenue declined by 9% year-over-year to $19.3B, and operating income plummeted 66% to $400M.
Automotive revenue dropped 21%, which caused the company to pull back on its 2025 growth forecast.
Despite these setbacks, Tesla's stock surged nearly 9% to an intraday high of $259.45.
This rally was fueled by CEO Elon Musk's announcement to reduce his involvement with the White House's Department of Government Efficiency (DOGE) and refocus on Tesla.
Investors were also encouraged by updates on the company's progress in autonomous driving and robotics, including the upcoming launch of a robotaxi service and affordable vehicle models.
While the market remains cautious due to ongoing challenges like tariffs and brand perception issues, Musk's renewed commitment to Tesla and its innovation pipeline has boosted the stock price.
So what else did we learn from yesterday's earnings reactions? Let’s dive into the details.
Here are the latest earnings reports from the S&P 500 👇 ...
We just heard from some of the world's largest aerospace and defense companies.
These giants posted strong quarters — revenues were solid, profits held up, and their backlogs are looking stronger than ever. Demand isn’t the problem at all. From commercial aviation to defense contracts, the pipeline is booming.
But there’s one big problem…
Tariffs.
New and escalating trade tensions are casting a long shadow. These companies are facing rising costs due to tariffs on key materials like aluminum, steel, and advanced components sourced from abroad. And Wall Street has noticed.
Despite solid fundamentals, the market reaction has been lukewarm — or even negative — because investors are worried about how these tariffs will eat into future margins.
So what else did we learn from their reports? Let’s dive into the details.
Here are the latest earnings reports from the S&P 500 👇
