Here's our initial take on 's (NASDAQ: TSLA) fiscal 2025 second-quarter financial report.

Tesla's quarter came in largely as expected, with revenue and earnings per share down 12% and 23%, respectively, and coming in at or just above analyst expectations. The company attributed the revenue decline to a decrease in deliveries and lower regulatory credit revenue, coupled with a reduction in average selling price.

Energy generation and storage revenue also fell due to lower pricing.

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Source Fool.com