Tesla's more affordable model started production in June and is a cheaper Model Y, the company said on its Q2 earnings call.

The high-selling Model Y is crucial for both Elon Musk and Tesla, but a half-hearted reskin of the car hasn’t reversed the company’s sales woes. Would a complete overhaul have been a better bet?

We might as well forget about the once-rumored $25,000 Tesla, but hitting the $35,000 mark won’t be easy either.

Elon Musk’s political controversies are widely believed to have damaged Tesla’s image. This, together with stronger and stronger competition, has resulted in the decline we’re witnessing in 2025. Furthermore, the groundbreaking Cybertruck was expected to take over the electric pickup segment, but that hasn’t happened.

Tesla's debut in India has not convinced its early backers, who waited for the company to enter the market for nearly a decade.

On the earnings call, Musk warned Tesla "could have a few rough quarters" ahead as green energy tax credits disappear.

Tesla’s earnings and revenue both fell by double-digit percentages following the biggest sales drop in the company’s history. The automaker also faces a number of financial headwinds, including the loss of a $7,