"For most companies, a 46% year-over-year drop in profits would sound major alarm bells. But Tesla isn't most companies. To Tesla and its investors, the short-term pain is no big deal. Because it's just the automaker moving toward its next phase defined by autonomy and robotics. Welcome back to Critical Materials, your daily roundup for all things electric and tech in the automotive space. Also on deck: Tesla buys stake in xAI and an autonomous trucking provider says its operating "at scale" in the U.S."
"Tesla the car company is becoming a thing of the past, as last year's fairly underwhelming product launches drove home. Instead, Elon Musk envisions a Tesla that will someday become the most valuable company on Earth thanks to its robots and robotaxis. That "someday" is doing a lot of heavy lifting right now. Because according to Tesla's 2025 earnings report released on Wednesday, profits aren't looking great. Tesla's total revenue for 2025 fell from $97.7 billion to $94.8 billion."
Tesla reported total revenue of $94.8 billion in 2025, down from $97.7 billion, while net profits plunged 46% year‑over‑year from $7.1 billion to $3.8 billion. Automotive revenue declined 10% to $69.5 billion as car sales fell for a second consecutive year amid political interference, rising global competition, and U.S. policy headwinds. Energy and services, including Supercharging, bolstered overall revenue. Tesla continues to produce profitable, software‑rich vehicles, but competitors are closing the gap. The company is shifting investment toward autonomy and robotics, including a stake in xAI, and is positioning future growth around robotaxis and automated trucking.
Read at insideevs.com
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