Tesla shares are down in premarket trading Thursday as more disappointing sales data is dragging on the stock along with the lackluster second-quarter earnings report Tesla released after the closing bell on Wednesday.

Tesla (NASDAQ: TSLA) closed down 8.2% at $305.30 on Thursday, retreating sharply after CEO Elon Musk's cautionary earnings commentary about "rough quarters ahead" amid macroeconomic and electric vehicle (EV) demand uncertainties.

After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) were battered throughout Q1 2025. And while the stock performed marginally better in Q2, the largest U.S. EV-maker slid into Q3. However,

Tesla's slump deepens as autonomy momentum fades. Explore the impact of tariffs, earnings slowdown, and what it means for TSLA's $300-range volatility.

Both Elon Musk's Tesla (TSLA) and Alphabet (GOOGL) released second-quarter earnings after the close on Wednesday, and traders are treating them much the same. Alphabet stock has lost 1.6% at the time of writing, while TSLA has given up 1.0%.

Tesla (TSLA) is no stranger to controversy, but the stakes may be higher than ever as the electric vehicle giant becomes entangled in a high-stakes legal showdown with the California Department of Motor Vehicles (DMV).

Key Takeaways Tesla stock trades at a high valuation, making future growth and innovation critical to justify its price.Declining vehicle deliveries and politic

Explore why Tesla, Inc.'s stock valuation diverges from fundamentals, with quantitative insights revealing overvaluation. Click for my TSLA earnings preview.

Major stock indexes were mixed in late trading Thursday as investors reacted to a flurry of earnings reports from major companies, notably tech giants Tesla and Alphabet, and awaited new developments related to tariffs.

Declining vehicle deliveries and political headwinds have pressured the company's valuation. The company's share price fell 21.3% across the first six months of 2025, according to data from S&P Global Market Intelligence.