"Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk's $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company's setbacks. Tesla said it earned $840 million in net income on $24.9 billion in revenue in the quarter that ended in December 2025. That's a 3 percent decrease in revenue and a staggering 61 percent decrease in profits over the fourth quarter of 2024, when the company earned $2.3 billion in net income on $25.7 billion in revenue."
"Tesla beat expectations from Wall Street, which had predicted that Tesla would earn $24.79 billion in revenue according to an average of analyst estimates compiled by LSEG. For the full year 2025, Tesla said it earned $3.8 billion in net income on $94.8 billion in revenue, a 3 percent decrease compared to 2024. The earnings report comes a few weeks after Tesla lost its title as the world's best-selling EV company to China's BYD, which sold 2.26 million vehicles last year."
Tesla reported declines in both revenue and profits for the second consecutive year, with fourth-quarter 2025 net income of $840 million on $24.9 billion revenue. Quarterly revenue fell 3 percent and profits plunged 61 percent versus the same quarter in 2024. Full-year 2025 net income was $3.8 billion on $94.8 billion revenue, a 3 percent decrease from 2024. Tesla beat Wall Street revenue expectations for the quarter but ceded the global EV sales crown to BYD, which sold 2.26 million vehicles compared with Tesla's roughly 1.6 million.
Read at The Verge
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