Tesla’s second-quarter earnings report shows real trouble. Elon Musk’s company continues its downward path with shrinking profits and sales.
Analysts projected Tesla would make $22.8 billion this quarter. That’s a steep 11% drop from the same period last year. Profits per share crashed to just $0.43.
Electric vehicle deliveries tanked 13.5%. This historic sales slump proves customers are rejecting Musk’s vision. Even production increases couldn’t save Tesla from this disaster.
Profit margins remain dangerously thin at 16.4%. That’s barely above last quarter’s disaster. Tesla keeps burning cash while losing its edge in the EV market.
Musk’s political stunts haven’t helped business. His embrace of Trump alienated many buyers. Leadership should focus on products, not partisan games.
Tesla abandoned its full-year growth forecast earlier this year. That admission speaks volumes. Responsible companies plan ahead, not retreat.
Heavy subsidies for electric vehicles are warping the market. Government handouts won’t fix Tesla’s core problems. Real innovation doesn’t need taxpayer crutches.
Hardworking Americans value companies that deliver results. Tesla’s repeated failures show why conservative business principles matter. Profitability comes from discipline, not hype.
