Effective Tax Rate: 19.56% for Q2 2025, with future guidance for the effective tax rate lowered to a range of 18.5% to 19% following California tax changes. Capital Ratios: Tier 1 leverage capital ratio was 11.07% as of Q2 2025; tier 1 risk-based capital ratio declined to 13.34%; total risk-based capital ratio decreased to 14.9%.

Tesla is out with its Q2 2025 earnings results, and the stock is moving in after-hours trading. The EV maker reported earnings-per-share of $0.27/share and revenues of $19.335 billion, missing analysts' EPS expectation of $0.39/share and estimated revenue of $21.11 billion.