Archive · 24 Jul 2025

Tesla Shares Fall After CEO Warns of 'Rough Quarters'

Tesla Shares Fall After CEO Warns of 'Rough Quarters'

Tesla, the company that makes electric cars, had some bad news.

Their boss, Elon Musk, said things might be tough for them soon.

They didn't make as much money as expected, and their profits were also lower than predicted.

Sales of their cars went down too.

The company's CFO said that a new law could cause problems for them.

Because of all of this, people who own shares of Tesla sold them, and the price of their shares went down.

Sources