Tesla posts lower profit, Musk doesn't rule out merger with SpaceX
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Tesla earned less in the second quarter than a year earlier, even though it sold more electric vehicles and revenue grew. Adjusted profit fell to 33 cents per share, missing Wall Street's expectations. The company's shares fell by roughly three percent in extended trading after the results were released. Die Zeit ↗
The results were weighed down by discounts, higher costs, and rising spending on research, artificial intelligence, robotics, and robotaxis. At the same time, Elon Musk continued to leave open speculation about a possible merger of Tesla with SpaceX. Tesla still earns most of its money from selling cars, while Musk presents its future in autonomous transportation and humanoid robots. Le Figaro ↗
SpaceX is also facing separate pressure from investors. Its shares fell below the offering price after a record stock market debut, and some investors bet against nearly a third of the freely traded shares. However, according to available information, Wall Street still expects significant growth for the company. seznamzpravy.cz ↗
Technical issues surrounding the company's space activities also persist. The separated upper stage of the Falcon 9 rocket, used in January 2025 to launch two lunar probes, is expected by scientists to make an unplanned impact on the Moon on August 5 at 8:35 a.m. Shortly before that, SpaceX scrubbed the 13th test flight of Starship after several engines failed to ignite before launch. Another attempt is expected following a technical inspection and replacement of some engines. Telex ↗
The results were weighed down by discounts, higher costs, and rising spending on research, artificial intelligence, robotics, and robotaxis. At the same time, Elon Musk continued to leave open speculation about a possible merger of Tesla with SpaceX. Tesla still earns most of its money from selling cars, while Musk presents its future in autonomous transportation and humanoid robots. Le Figaro ↗
SpaceX is also facing separate pressure from investors. Its shares fell below the offering price after a record stock market debut, and some investors bet against nearly a third of the freely traded shares. However, according to available information, Wall Street still expects significant growth for the company. seznamzpravy.cz ↗
Technical issues surrounding the company's space activities also persist. The separated upper stage of the Falcon 9 rocket, used in January 2025 to launch two lunar probes, is expected by scientists to make an unplanned impact on the Moon on August 5 at 8:35 a.m. Shortly before that, SpaceX scrubbed the 13th test flight of Starship after several engines failed to ignite before launch. Another attempt is expected following a technical inspection and replacement of some engines. Telex ↗
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (33)
Tesla’s profits slide despite growing revenue as it pivots to robotics and AI
The Guardian
| 23:01 22.07.
Elektroauto-Vorreiter: Tesla mit weniger Gewinn und höheren Kosten
Tagesspiegel
| 04:42 23.07.
Elektroauto-Vorreiter: Tesla mit weniger Gewinn und höheren Kosten
Die Zeit
| 04:40 23.07.
Elon Musk laisse planer l’hypothèse d’une fusion entre Tesla et SpaceX
Le Figaro
| 03:47 23.07.
Earnings at Musk's car company fall as research spending cuts into profit from selling cars
Independent
| 23:10 22.07.
Quartalszahlen: Tesla macht weniger Gewinn als im Vorjahr
Die Zeit
| 05:19 23.07.
Internet-Riese: Google-Mutter pumpt noch mehr Milliarden in KI-Rechenzentren
Tagesspiegel
| 05:14 23.07.
Internet-Riese: Google-Mutter pumpt noch mehr Milliarden in KI-Rechenzentren
Die Zeit
| 05:13 23.07.
Sinkende Aktie: Tesla verbrennt Geld für KI und Robotik
Der Standard
| 23:14 22.07.
Wachstum in allen Bereichen: Google-Mutter Alphabet übertrifft die Erwartungen
n-tv
| 23:06 22.07.
Elektroauto-Vorreiter: Tesla verfehlt Gewinnerwartung der Wall Street
Tagesspiegel
| 23:01 22.07.
Elektroauto-Vorreiter: Tesla verfehlt Gewinnerwartung der Wall Street
Die Zeit
| 23:00 22.07.
Internet-Riese: Google-Mutter Alphabet übertrifft Erwartungen
Tagesspiegel
| 22:41 22.07.
Internet-Riese: Google-Mutter Alphabet übertrifft Erwartungen
Die Zeit
| 22:40 22.07.
Shortaři obklíčili SpaceX. Musk jim předpovídá tvrdý konec
seznamzpravy.cz
| 13:40 22.07.
A legújabb Teslának se motorja, se akkuja
HVG
| 08:17 20.07.
Ungeplante Kollision: Teil von SpaceX-Rakete könnte auf dem Mond aufschlagen
Tagesspiegel
| 07:54 20.07.
Heteken belül a Holdba csapódhat Elon Musk rakétája, a SpaceX azonban hallgat
Index.hu
| 07:14 20.07.
A Holdba csapódhat egy SpaceX Falcon 9 hordozórakéta levált felső része
Telex
| 06:27 20.07.
A Holdba csapódhat egy SpaceX-rakéta levált része augusztus elején
HVG
| 06:19 20.07.
Nasa: Teil von SpaceX-Rakete könnte im August auf dem Mond einschlagen
Spiegel.de
| 05:12 20.07.
Weltraum-Schrott: Teil von SpaceX-Rakete könnte ungeplant auf Mond aufschlagen
Tagesspiegel
| 04:02 20.07.
Pentagon und SpaceX verhandeln über die Nutzung von Rechenzentrums-Kapazitäten
Der Standard
| 20:52 19.07.
SpaceX bricht "Starship"-Testflug kur vor dem Start ab
Tagesschau
| 11:55 17.07.
Begyújtották a rakétákat, majd beütött a baj – videón a Starship-küldetés váratlan vége
HVG
| 09:08 17.07.
Starship soll zum Mars: Flug von größter SpaceX-Rakete kurz vor Start abgebrochen
n-tv
| 08:38 17.07.
Starship soll zum Mars: Flug größter SpaceX-Rakete kurz vor Start abgebrochen
n-tv
| 08:38 17.07.
Space X, fallisce il test sul razzo Starship: stop improvviso. Musk: “Problema ai motori”
La Repubblica
| 03:19 17.07.
SpaceX: Starship-Testflug in letzter Sekunde abgebrochen
Die Zeit
| 03:12 17.07.
SpaceX: Riesen-Rakete Starship muss Testflug vor Start abbrechen
Tagesspiegel
| 02:45 17.07.
SpaceX: Riesen-Rakete Starship muss Testflug vor Start abbrechen
Die Zeit
| 02:44 17.07.
Als der Countdown auf Null zählt, bleibt Musks Riesenrakete einfach stehen
Welt
| 02:31 17.07.
SpaceX annule soudainement un vol d'essai de sa fusée Starship
Le Figaro
| 01:42 17.07.
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