Tesla Plunges 6% in Premarket Trading Following Disappointing Q2 Earnings, Elon Musk Forecasts Challenging Period Ahead

Tesla Inc. has experienced a significant decline in pre-market trading, with shares plummeting over 6% following the company’s Q2 earnings call. This downturn is largely attributed to a revenue of $22.5 billion in Q2, representing a 12% year-over-year decline. Additionally, dwindling sales figures in multiple markets have contributed to the decline.

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