Elon Musk's Diner Sparks Wave of 'Tesla Takedown' Protests As Stock Sinks, Revenue Misses Wall Street Targets
- by Benzinga
- Jul 28, 2025
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He also alleged that the protests have been successful in tarnishing the Tesla brand. Despite Musk’s focus on Tesla’s future during the recent earnings call, the company’s auto revenue fell by 16% from April to June.
This led to a 20.61% drop in Tesla shares in the past 12 months.
Why It Matters: The “Tesla Takedown” protests have been ongoing for months, with the focus shifting to the Tesla Diner.
This development comes after Musk unveiled the diner last week, which features a retro-futuristic theme and is equipped with robot waiters and Cybertruck-designed food trays. The diner has drawn large crowds, with customers waiting for hours to experience the unique dining experience.
Tesla posted second-quarter revenue of $22.5 billion, marking a 12% decline from the same period last year and falling short of Wall Street's consensus estimate of $22.8 billion.
Price Action: Tesla stocks are down 5.49% in the past five days. In the pre-market session on Monday, the stock is up 1.58% according to Benzinga Pro data.
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