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Tesla's Profits Are Plummetting As It Steers Toward AI
['Rob Stumpf']
InsideEVs
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, which on its own may not seem like a big deal.
However, its profits plunged a whopping 46% year-over-year, from $7.1 billion to $3.8 billion.
The $2 billion investment is expected to close before the end of the quarter.
The Tesla Model S and Model X's days are numbered.