After a dismal two years of weakening demand, falling sales, and damage to its brand by Elon Musk’s political activities, Tesla’s road to recovery remains mixed on the heels of an impressive delivery report.
While earnings fell 18% compared to Q2 2025 to 33c a share (well below expectations of 51c) with higher AI spending and R&D weighing on profitability; the silver lining was that Revenue came in at $28.2 billion, which was 28% higher than last year (well above expectations of $26.4 billion).
The company said it hit $100 billion in trailing twelve-month revenue for the first time in history in the second quarter, and earned $1.11 billion in net income in the quarter.
The company said its first-generation production lines for Optimus Bot are being installed in anticipation of production in 2026, with the company saying production will happen "soon."
The Cybercab is listed as in production, an improvement from the company saying it expected volume production "this year" last quarter.
Tesla said the vehicle began production in the quarter.
The Tesla Semi is listed as "commissioning" and the company said it remains on track for vol
