# Tesla Profits Plunge & SpaceX Stock Continues Fall

Page: https://stenobird.com/podcast/the-john-johnston-lounge-3300872/tesla-profits-plunge-spacex-stock-continues-fall
Text version: https://stenobird.com/podcast/the-john-johnston-lounge-3300872/tesla-profits-plunge-spacex-stock-continues-fall.md
Podcast: [The John Johnston Lounge](https://stenobird.com/podcast/the-john-johnston-lounge-3300872)
Published: 2026-07-23T11:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/thejohnjohnstonlounge/episodes/Tesla-Profits-Plunge--SpaceX-Stock-Continues-Fall-e3mebn7
Audio file: https://anchor.fm/s/351e66a0/podcast/play/123202727/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-6-23%2F428457945-44100-2-ae1504f8f318.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-john-johnston-lounge-3300872/episodes/tesla-profits-plunge-spacex-stock-continues-fall
Duration seconds: 692

## Resource

John Johnston (JJ) breaks down Tesla Earnings for Q2 2026, in which Tesla profits plunged as discounts on its EV models weighed on the earnings results. Tesla stock sank during the earnings call with Elon. SpaceX stock also sank significantly on the day, now down almost 50% from its peak. Tesla’s capital expenditures doubled as Tesla continues to struggle to pivot to the hot semiconductor sector, autonomous robotaxis, and Optimus humanoid robots. Related episodes: SpaceX Stock is Crashing & Tesla Investors Want Answers https://open.spotify.com/episode/2Jey6dAGdZeZNXvAk6DGj7 SpaceX Stock Crashes Nearly 50% | AI Bubble Bursting? https://open.spotify.com/episode/0t5v6pEahXpXicuD6abAxS SpaceX Stock Crashes $1T & AI Trade Reverses! https://open.spotify.com/episode/7jC4ipCe0PADreDavJVua8 Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

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## Transcript

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