The 5 biggest takeaways from Tesla's Q2 earnings call

During Wednesday's call, CEO Elon Musk gave investors an idea of how the next few quarters might look financially.

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• Tesla's Q2 revenue fell sharply as CEO Elon Musk warned of a "rough" next few quarters.
• Tesla plans to expand robotaxi services and launch a cheaper Model Y lookalike by the end of 2025.
• The company's stock fell about 4.4% after trading hours.

Things could get worse before they get better, at least according to Tesla's CEO, Elon Musk.