Elon Musk signals bumpy road ahead as Tesla revenue drops, sales slumps, misses Q2 revenue estimates

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Tesla stock dipped over 4% after the EV giant missed Q2 revenue and earnings estimates, reporting a 16% drop in automotive revenue and declining vehicle sales. CEO Elon Musk warned of potentially "rough quarters" ahead, citing rising tariffs and the looming end of the federal EV tax credit. Investors remain cautious as Tesla navigates shifting demand and regulatory changes.