Tesla's stock plunges 8% after another weak quarter for auto sales
Publishing timestamp: 2025-07-24 16:04:24
Summary
Tesla shares fell 8% after reporting declining auto sales and CEO Elon Musk warning of "rough quarters" ahead due to expiration of federal electric vehicle tax credits. Competition from Chinese EV players and lack of official guidance for the rest of the year are contributing to uncertainty surrounding Tesla's future.
Sentiment: NEGATIVE
Tickers: TSLA,
Keywords: electric vehicles, donald trump, business news, breaking news: business, technology, markets, transportation, autos, donald j. trump, tesla inc, breaking news: markets, elon musk,
Source: https://www.cnbc.com/2025/07/24/tesla-tsla-shares-today.html