Tesla Inc.

(NASDAQ:TSLA) shares are down sharply after the company’s earnings update, putting the stock on track for its worst session in more than a year.

Tesla was down 14% in the session, a move that would mark its worst day since June 2025.

Tesla's Q2 Earnings Miss The decline follows a disappointing second-quarter earnings report.

On Thursday, Tesla reported an adjusted earnings per share of 33 cents, falling short of the 50 cents expected by analysts.