Tesla (TSLA) crashed 12% after Q2 2026 earnings missed on profit, free cash flow turned negative, and Musk’s robotaxi and Optimus pitch fell flat.

Tesla shares fell nearly 3% after hours after second quarter adjusted earnings and margins missed expectations despite record revenue and deliveries.

Revenue came in at $28.2 billion, which was 28% higher than last year (well above expectations of $26.4 billion)...

Tesla reported second-quarter profits of US$1.1 billion, down about 5 per cent from the year-ago level.