A company once synonymous with breakneck growth is now seeing its sales contract and its profits dwindle. According to Tesla’s own financial report, the company delivered 1.64 million vehicles in 2025, that’s down from 1.79 million the year before. © ShutterstockFrom Automaker to Tech CompanyAt the very moment Tesla’s sales were stalling, other parts of the business quietly accelerated. Tesla is not trying to fix the dip in car sales by pushing harder on traditional levers. But it also raises a deeper question: if Tesla no longer wants to be a car company first, who will fill that space?