Tesla is set to release second-quarter 2025 results on July 23, with estimated earnings of 40 cents per share and revenues of $22.6 billion. Estimates suggest a 23% decline in earnings and an 11.3% decline in revenues from the year-ago quarter.
Despite missing earnings estimates last season, Tesla faces a challenging quarter with a 13.5% drop in car deliveries compared to last year. The company’s aging model lineup, CEO Elon Musk’s image, and tough competition are impacting sales globally, particularly in Europe.
Tesla’s automotive sales revenues are expected to decline over 6% in Q2, with gross margins at 15%. However, the Energy Generation/Storage segment is expected to see growth, with revenues of $3.03 billion, driven by positive reception of Megapack and Powerwall products.
While Tesla’s Q2 earnings outlook is uncertain, other auto companies like Lear Corporation, Ferrari N.V., and BorgWarner are expected to post positive results. Lear has an Earnings ESP of +8.89% and a Zacks Rank #3, with estimated earnings of $3.03 per share and $5.62 billion in revenues.
BorgWarner, releasing results on July 31, has an Earnings ESP of +11.20% and a Zacks Rank #3, with estimated earnings of $1.04 per share and $3.52 billion in revenues. The company has consistently surpassed earnings estimates in the past four quarters.
For more stock analysis reports and the latest recommendations from Zacks Investment Research, visit their website. Tesla’s performance in the upcoming earnings season remains uncertain, while other auto companies show promise for positive results. BorgWarner, Lear Corporation, and Ferrari N.V. are among the companies expected to perform well in the second quarter of 2025.
Read more at Nasdaq: Tesla Q2 Earnings Preview: Will the EV Giant Disappoint Again?