Tesla (TSLA.US) Q2 performance falls, Musk warns of future quarters performing poorly, exacerbating concerns.

According to the Wise Finance APP, Tesla's latest second-quarter financial report shows that its core financial indicators have been declining for the second consecutive quarter. Total revenue for the quarter fell 16% year-on-year to $22.5 billion, below analysts' expectations of $22.74 billion; adjusted earnings per share were $0.40, also below market expectations of $0.43. The automotive business, as the core segment, saw revenue decrease from $19.9 billion in the same period last year to $16.7 billion, with regulatory credit sales revenue falling from $0.89 billion to $0.439 billion, becoming a significant factor dragging down performance.