TESLA stock will decrease by 6% in premarket bids after Auto Sales again sink

Tesla On Thursday, the shares fell by 6% in Premarket after the company reported the second quarter of dropping road sales.

Ilon Musk’s electric car reported Miss and essence. According to the results of the second quarter, noting that the profit from the car decreased by 16% compared to last year to $ 16.7 billion.

In terms of earnings, Musk said that Tesla “probably could have a few rough quarters” ahead of the expiration of federal tax loans.

“I’m not saying we’ll be, but we could,” Musk said.

Tesla faces rising competition in key markets such as China and Europe, especially with low Chinese electric vehicles.

Data of the European Association of Car Manufacturers, either ACEA Posted on Thursday Show New Tesla Car Registrations Drown in June In Europe.

This year’s Tesla shares were killed by almost 18% today, not including a step on Thursday.

Along with the main automotive business of Tesla, which is under pressure, the focus of its own political activity is Musk.

Technical Millder has played a key role in the government’s Department of Effectiveness or Doge President Donald TrumpThe administration also supported the extraordinary anti -immigration party in Germany. In recent months in two former allies collided For the bill on the expenses of the president. Musk said since then It forms its own political party.

Some investors They called on the billionaire to move away from politics, fearing that its involvement was harmed by the brand and the sale of Tesla.

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