The profit per share became 40 cents, to be compared with the 43 cents that were expected according to the analysis company LSEG.
The turnover landed at 22.50 billion dollars, while the expectations were at 22.74 billion, reports CNBC.
The latter figure meant that it was the second quarter in a row that the turnover decreased compared to the same period last year.
The turnover linked to pure car sales decreased by 16 percent, from 19.9 billion the second quarter last year to 16.7 billion the same quarter this year.
Fewer sold vehicles
The share has been fluctuating up and down around zero in after-hours trading on the New York Stock Exchange.
In early July, Tesla stated that 384,000 vehicles are expected to be delivered during the second quarter, a decrease of 14 percent compared to the second quarter last year. During the first quarter, deliveries decreased by 13 percent.
Tesla's share has lost around 18 percent this year, and many point out that CEO Elon Musk's own actions have pushed down the price.
This after he supported far-right parties in Europe, has been reported to have severe abuse problems, held the knife when Donald Trump cut away tens of thousands of government jobs and then fought a number of fiery quarrels with the president.
Tougher competition
In early July, Tesla's share lost the equivalent of over 600 million kronor in market value on a single trading day when Musk clarified that he will form a new political party.
Another reason for Tesla's problems is increased competition from Chinese manufacturers, whose vehicles are also cheaper.
Now Tesla states that the company has started building "a more affordable model in June, with mass production planned for the second half of 2025".
