Tesla (TSLA) crashes 12%, sheds $140B as Elon Musk’s ‘just trust me’ doesn’t hold anymore

Electrek
By Fred LambertJul 23, 2026, 10:30 am80 ptsTrending
Tesla stock is down more than 12% today, wiping out over $140 billion in market value, after the automaker’s Q2 2026 earnings missed on profit and free cash flow turned negative. The slide got worse during the earnings call, when Elon Musk repeated the same robotaxi and Optimus promises he’s been making for…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on EcoTopical

Toyota’s next-gen Corolla EV takes center stage as a ‘sense of crisis’ reshapes the company 124

Range Rover’s next EV is unlike anything the luxury brand has built before [Images] 121

This country went 100% electric vehicles overnight with a drastic approach 118

Smithsonian ornithologist John Rappole reconsidered why birds migrate 114

Brazilian Amazon Sees Sharp Drop in Acres Burned 112

CATL Is Building The Electric-Truck Platform Europe May Have To Join 109

New bird species identified on remote Indonesian island 105

Thursday’s Headlines Turn Cameras into Pillboxes 103

About EcoTopical

Welcome to EcoTopical Your daily eco-friendly green news aggregator.

Leaf through planet Earths environmental headlines in one convenient place. Read, share and discover the latest on ecology, science and green living from the web's most popular sites.