New Delhi, July 24 -- Billionaire Elon Musk-led electric vehicle maker Tesla Inc.'s shares dropped more than 9% in Thursday's Wall Street session, after the company posted a 16% fall in net profits for the second quarter of 2025.

At the US market opening on Thursday, 24 July 2025, Tesla shares dropped 9.49% to hit an intraday low of $301, compared to its previous market close of $332.56 after Wednesday's trading session.

The company released the Q2 results after the market operating hours on Wednesday. However, Tesla shares crashed 4.44 per cent in the after-market session, according to Mint's earlier report.

As of 10:36 am (EDT), Tesla's share price was trading 8.43 per cent lower at $304.51, compared to $332.56 at the previous stock ...