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InsideEVs

Technology

Andrei Nedelea

Tesla Sold 25% More Cars In Q2. Its Operating Profit Still Plummeted

Tesla’s record deliveries and revenue couldn’t stop operating profit from falling sharply.
Tesla earned less per vehicle as margins shrank and regulatory credit revenue plunged.
Its car business is recovering, but Tesla is spending heavily on AI, robotaxis and Optimus.

Tesla delivered considerably more cars in the second quarter of 2026 than it did during the same period last year, generating record revenue. However, it was not enough to stop its operating income from collapsing in Q2.

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