Tesla Stock Plunges 12% After Disappointing Q2 Earnings and Musk's Unchanged Robotaxi Promises

USTesla

Tesla's market value dropped by over $140 billion as its Q2 2026 earnings fell short of profit expectations and free cash flow turned negative. The decline worsened during the earnings call, where CEO Elon Musk reiterated long-standing assurances about robotaxis and Optimus, failing to reassure investors.

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Electrek

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