Tesla drops 9% after earnings miss — Elon Musk loses $12 billion amid historic revenue decline

Tesla stock crash has sent shockwaves through the market after the EV giant reported a massive earnings miss and its biggest revenue drop in over 10 years. Tesla's Q2 2025 report showed a 12% fall in revenue and weaker-than-expected profits, which triggered a 9% plunge in Tesla stock. As a result, Elon Musk’s net worth dropped by $12 billion in just one day. Investors are now worried about Tesla’s future as Elon Musk warns of "a few rough quarters" ahead. From falling sales to tough global competition...