Tesla's registrations in the West Coast state fell more than 20% in the second quarter compared with the previous year, according to new data.

Tesla shares tumbled in extended trading Wednesday after the EV maker's quarterly results fell short of Wall Street’s expectations and CEO Elon Musk warned of a "few rough quarters" ahead. Monitor these key chart levels.

Auto policies have been in flux during the second Trump administration. Tesla, and the rest of the industry, will lose the $7,500 purchase tax credit at the end of September. Just as important, changing emissions standards will lower Tesla’s zero-emissions credit sales,

"It's just a Model Y. Let the cat out of the bag there," Musk said when asked about Tesla's budget-friendly EV in an earnings call.

Even with shares down 12% this year, Tesla Inc. (NASDAQ:TSLA) still carries an out-of-this-world price-to-earnings ratio of 189x. That's not just lofty—it's meme-level. Tesla's Valuation Is Still From Another Planet For context,

Tesla just flipped the switch on something wildly different. In the heart of West Hollywood, Elon Musk’s long-teased vision has finally come to life: a retro-futuristic diner where you can charge your EV,

The CEO is already eyeing expansion for his Tesla Diner dishing merchandise and food served by Optimus robots.

Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.