Tesla’s Q2 sales decline is its worst this decade, but there is one bright spot. The company's energy storage business is quietly booming.

Tesla’s battery business has been feeling the pain, too. For a while, this was a growth area for the company, albeit one with a relatively minor contribution to the bottom line. During Q2 2025, Tesla’s energy generation and storage division brought in $2.8 billion in revenue, a 7 percent decline from the same period in 2024.

Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.

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.

Tesla reported over $280 million in unrealized gains on its cryptocurrency holdings in Q2, driven by a 30% rise in Bitcoin’s price, according to Benzinga. Tesla’s balance sheet listed $1.235 billion in digital assets for the second quarter,

Tesla's more affordable model started production in June and is a cheaper Model Y, the company said on its Q2 earnings call.

ET with analyst reactions Shares of Tesla (NASDAQ:TSLA) are straddling the flatline in postmarket trading as the company’s second quarter results were not as bad as Wall Street expected and avoided a second consecutive top- and bottom-line miss with profits in-line with expectations.