Tesla shares drop 4.41% after hours as Musk issues warning on performance

According to ChainCatcher, market data shows that Tesla (TSLA.O) shares are down 4.41% in after-hours trading, currently priced at $317.74. Elon Musk has issued a warning about the company's performance, stating, "With the disappearance of U.S. subsidies, Tesla (TSLA.O) may underperform for several quarters."

Tesla's Q2 2025 revenue was $22.496 billion, compared to $25.5 billion in the same period last year, with market expectations at $22.826 billion. The Q2 2025 gross margin was 17.2%, up from 16.3% in Q1, but down from 18% in the same period last year.