Tesla on Wednesday reported a second straight quarter of declining automotive sales.

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Tesla remains profitable, but the headwinds don't look good.

Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.

Tesla on Wednesday reported a second straight quarter of declining automotive sales.

Tesla's going through a bumpy ride. Auto sales are falling, the Trump administration is rolling back on EVs and the company sold bitcoin at a really bad time.