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's profits fell last quarter as the car company run by Elon Musk shoveled more money into research and development, cutting into profits from a sharp increase in vehicle…

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

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