Tesla Profit Falls 46% as Musk Shifts Company to Robotaxis
Tesla’s 2025 net income fell 46% to $3.8 billion as deliveries dropped to 1,636,129 and BYD sold more than 2.25 million vehicles, company figures show.
GizmodoWith Tesla Revenue and Profits Down, Elon Musk Plays Up SafetyÂ
NPRTesla profits slumped 46% last year, as it lost its crown as the top EV seller
Boston HeraldTesla made smallest annual profit since the pandemic, plans to spend big on robotaxis and robots
ABC NewsTesla annual profit plunges to lowest level since pandemic.
Overview
Tesla Inc. reported that its 2025 net income fell 46% to $3.8 billion and that fourth-quarter net income dropped 61% to $840 million, the company said.
The results marked Tesla’s first year-over-year revenue decline and coincided with Chinese rival BYD saying it sold more than 2.25 million battery-powered vehicles while Tesla delivered 1,636,129 cars, company figures show.
Elon Musk said on the investor call that Tesla will end production of the Model S and Model X in the second quarter and convert its Fremont, California, factory to produce Optimus robots.
Analysts offered conflicting outlooks, with Wedbush Securities analyst Dan Ives projecting robotaxis in more than 30 cities by year-end while Telemetry analyst Sam Abuelsamid said aging products and Musk’s political involvement have deterred customers.
Tesla said it will more than double capital spending to $20 billion in 2026, invest $2 billion in Musk’s xAI and expand robotaxi service to Houston, Miami and five other cities in the first half of the year, the shareholder letter said.
Analysis
Center-leaning sources present the story with a skeptical tilt: un-attributed evaluative phrases ('boycotts hammered sales'; 'Musk is well known for making promises...'), selective emphasis on controversies (xAI deepfakes, political distractions), and placement that foregrounds profit declines while balancing bullish analyst quotes later—creating a cautious, credibility-focused narrative.