It was also the company’s first-ever year-over-year revenue decline, off 3% from 2024 and the lowest since 2020. Revenue from car sales alone was off 10% last year, the worst showing since 2021. The only non-autonomous vehicle is expected to be the next-generation Tesla Roadster, which Musk said was planned for an April reveal. Tesla responded in September with lower-priced models, the Model 3 and Model Y Standard. Tesla shareholders also comfortably approved a new compensation plan for Musk in November that would make him a trillionaire, provided the company hits a $2 trillion market cap.