{"id":2465932,"date":"2025-07-23T19:53:02","date_gmt":"2025-07-23T23:53:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tesla-quarterly-revenue-down-12-after-musk-breakup-with-trump\/"},"modified":"2025-07-23T19:54:51","modified_gmt":"2025-07-23T23:54:51","slug":"tesla-quarterly-revenue-down-12-after-musk-breakup-with-trump","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tesla-quarterly-revenue-down-12-after-musk-breakup-with-trump\/","title":{"rendered":"Tesla quarterly revenue down 12% after Musk breakup with Trump"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftesla-quarterly-revenue-down-12-after-musk-breakup-with-trump%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2465932&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Tesla reported a 12% decline in revenue for the second quarter, totaling $22.5 billion, marking its steepest drop in over a decade. Net income fell 16% to $1.2 billion. This downturn comes amid CEO Elon Musk&#8217;s public split with former President Donald Trump, largely due to musk&#8217;s opposition to the One Big Gorgeous Bill Act, which Trump supported. Musk was concerned the bill&#8217;s repeal of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/here-are-all-the-green-new-deal-handouts-democrats-wedged-into-their-3-5-trillion-budget\/\" title=\"Here Are All The Green New Deal Handouts Democrats Wedged Into Their .5 Trillion Budget\">green energy tax credits<\/a> would harm energy independence and grid reliability.Although no longer aligned with Trump,Musk warned Tesla could face a few challenging quarters ahead as incentives disappear. Tesla&#8217;s stock fell nearly 5% following the earnings call. Additionally, regulatory changes from Trump, including the elimination of California&#8217;s vehicle emissions standards, pose further challenges to Tesla&#8217;s business, which has supported the state&#8217;s climate policies. On a positive note,Tesla began production of a more affordable vehicle and plans to ramp up production of its all-electric Semi truck and fully autonomous Cybercab robotaxi in 2026,despite previous delays. Other U.S.automakers are also feeling financial pressure due to existing tariffs on foreign vehicles and parts.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Tesla quarterly revenue down 12% after Musk breakup with Trump<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2170117\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/tag\/tesla\/\" target=\"_blank\" rel=\"noopener\" title=\"Tesla\">Tesla<\/a> reported a 12% drop in revenue for the year&rsquo;s second quarter on Wednesday evening after CEO <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/elon-musk\/\" target=\"_blank\" rel=\"noopener\" title=\"Elon Musk\">Elon Musk<\/a> publicly feuded with President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"Elon Musk\">Donald Trump<\/a>.<\/p>\n<p>The latest earnings report shows Musk&rsquo;s electric vehicle company made $22.5 billion in total revenue for the quarter, representing Tesla&rsquo;s sharpest revenue decline in at least a decade. Its net income was $1.2 billion, down 16% from last year.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3480318\/skydance-slash-dei-policies-paramount-promise-fcc\/\">Skydance moves to slash DEI policies at Paramount in promise to FCC<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3478306\/coca-cola-cane-sugar-version-in-us\/\">Coca-Cola to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/janet-yellen-salutes-powell-being-completely-committed-to-the-feds-independence\/\" title=\"Janet Yellen salutes Powell being \u2018completely committed to the Fed\u2019s independence\u2019\">launch cane sugar version<\/a> in US<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3477505\/nike-scottie-scheffler-ad-pro-family\/\">Nike praised for pro-family ad after criticism over woke ads: &#8216;More of this&#8217;<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>Tesla&rsquo;s revenue results fell slightly below Wall Street&rsquo;s estimates of $22.64 billion.<\/p>\n<p>In recent months, Tesla&rsquo;s sales have suffered due to Musk&rsquo;s previous support of Trump. The billionaire is no longer associated with the president; however, he is also not in charge of the Department of Government Efficiency, which drew the ire of Democratic lawmakers and anti-Musk protesters over the federal initiative&rsquo;s cost-cutting measures to the executive branch.<\/p>\n<p>Musk&rsquo;s public breakup with Trump can be attributed to the tech mogul&rsquo;s opposition to the One Big Beautiful Bill Act. The Tesla CEO took issue with the legislation because he wanted to keep <a href=\"https:\/\/amzn.to\/3YuVZYV\" >green energy tax credits intact<\/a>, claiming their repeal would threaten the nation&rsquo;s energy independence and grid reliability. Trump suggested the effect on his business influenced Musk&rsquo;s opposition.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Elon Musk attends a news conference with President Donald Trump in the Oval Office of the White House, Friday, May 30, 2025, in Washington. (AP Photo\/Evan Vucci)<\/figcaption><\/figure>\n<p>Congress passed the bill and Trump signed it into law earlier this month.<\/p>\n<p>On the earnings call, Musk warned Tesla &ldquo;could have a few rough quarters&rdquo; ahead as the incentives  disappear. &ldquo;I&rsquo;m not saying we will, but we could, you know, Q4, Q1, maybe Q2,&rdquo; he said.<\/p>\n<p>Tesla&rsquo;s stock was down nearly 5% by the end of the call.<\/p>\n<p>Tesla could also face more challenges in its business after Trump recently signed resolutions that eliminated California&rsquo;s vehicle emissions standards and clean air goals. Tesla has endorsed California&rsquo;s climate policies, including the Low Carbon Fuel Standard.<\/p>\n<p>Also on Wednesday, the electric vehicle automaker announced it had started production on a cheaper model. The company did not disclose the price, but it will likely be below the Tesla Model 3&rsquo;s starting price of $42,490. That model is currently the cheapest model available for purchase.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/news\/3463972\/tesla-shares-decline-elon-musk-new-political-party\/\" target=\"_blank\" rel=\"noopener\" title=\"TESLA SHARES ON THE DECLINE AMID MUSK'S LAUNCH OF A NEW PARTY\">TESLA SHARES ON THE DECLINE AMID MUSK&rsquo;S LAUNCH OF A NEW PARTY<\/a><\/strong><\/p>\n<p>Tesla also plans to begin full-scale production in 2026 on its all-electric &ldquo;Semi&rdquo; truck model and the fully autonomous Cybercab robotaxi. Both projects have faced delays.<\/p>\n<p>Other automakers are also <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/netflix-expands-crackdown-on-account-sharing-to-4-more-countries\/\" title=\"Netflix Expands Crackdown on Account Sharing to 4 More Countries\">facing financial losses<\/a> as Trump&rsquo;s 25% tariffs on foreign-made vehicles and certain auto parts remain in effect. The Big Three automakers were particularly affected by the tariffs. General Motors and Stellantis <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3478392\/us-automaker-losses-quarterly-reports-first-signs-trump-tariff-effects\/\" target=\"_blank\" rel=\"noopener\" title=\"both reported\">reported<\/a> their second-quarter earnings this week, and Ford is scheduled to report its latest earnings on July 30.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2170117\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2170117\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Q2 revenue falls 12% following Musk-Trump split<\/p>\n","protected":false},"author":2159,"featured_media":2465933,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/musk-revenue-tesla.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[5182,4250,59772,6734,59773],"class_list":["post-2465932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-decline","tag-musk","tag-quarterly-revenue","tag-tesla","tag-trump-breakup"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/musk-revenue-tesla.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2465932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2159"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2465932"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2465932\/revisions"}],"predecessor-version":[{"id":2465936,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2465932\/revisions\/2465936"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2465933"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2465932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2465932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2465932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}