Elon Musk warns about a "rough" few quarters and shares updates on robotaxis and the "more affordable" Tesla model.

But if you just listened in on the company’s call with analysts, you would have no idea why. For an earnings call, there was zero talk of, um, earnings. And the overall message from Tesla’s top brass seemed to be: We are a robotics and AI company, and, someday soon, it’s going to be awesome.

Alphabet reported strong second-quarter results, exceeding expectations with a 19% increase in earnings per share and a 14% rise in revenue. CEO Sundar Pichai highlighted the significant growth of new businesses like Cloud and YouTube,

Elon Musk had more bold projections for Tesla's robotaxi. But investors didn't get much insight on the Austin launch during Wednesday's earnings call.

Politics. Elon Musk and other Tesla executives talked about the negative impact of President Donald Trump’s tariff policy and tax bill, but Musk didn’t grab the chance to tout the “America Party” he said he was starting earlier this month.

Elon Musk hit back at President Trump’s claim that he didn’t want to strip the mogul’s companies of his government subisidies. Trump seemingly extended an olive branch after the public falling out between the two by denying reports that he had it out for Musk.

Tesla reported another quarter of reduced profits after Elon Musk’s stint in the Trump administration. The president’s tax bill creates new business challenges.

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits fell sharply again in the latest quarter