Tesla profits drop more than a quarter despite record car sales
Elon Musk’s carmaker hit by US tariffs, loss of emissions credit revenue and big investments in AI
Elon Musk’s carmaker hit by US tariffs, loss of emissions credit revenue and big investments in AI

Slide comes after carmaker says second-quarter profits dropped by more than a fifth

Elon Musk’s electric-car maker invests $2bn in the billionaire’s xAI

US carmaker’s registrations sink in July as Chinese rival profits

Detroit carmaker has secured a $3bn credit line to prepare for rising cash pressure

Electric-car maker saw 28% drop in May demand despite wider EV growth in the region

Stock in electric-vehicle maker jumps after regulatory filing discloses purchase