New Delhi, July 24 -- Tesla continues to feel the impact of Elon Musk's foray into politics a year ago, with the company reporting another steep decline in both sales and profits this quarter.

On Wednesday, the electric carmaker revealed that revenue fell by 12% and profits dropped 16% in the April-June period, as consumer boycotts and waning demand persist.

"The perception of Elon Musk, its chief executive, has rubbed the sheen right out of what once was a darling and soaring automotive brand," wrote Forrester analyst Dipanjan Chatterjee in an email. Tesla is "a toxic brand that is inseparable from its leader."

Quarterly profits at the electric vehicle, battery and robotics company fell to $1.17 billion, or 33 cents a share, from $1.4...