Tesla's profit fell 46% in 2025 compared to the prior year, as CEO Elon Musk assumed a role in the Trump administration and federal electric vehicle subsidies were killed off by Congress, causing sales to plummet. The electric vehicle company reported Wednesday that it recorded just $3.8 billion in profit across 2025, its lowest tally in years. Total revenue from car sales fell 11% year-over-year, too. Tesla already revealed that it shipped 1.63 million cars globally across 2025. That marks the second year in a row that its sales have declined, after Musk spent years promising average annual growth of 50%. Investors largely expected the decline in sales in Tesla's fourth quarter and full-year results for 2025, and the company beat Wall Street's estimates for earnings and revenue, sending shares up in after-market trading Wednesday. It's been largely buoyed by strength in its other industries and investments, including energy capabilities and AI, as Tesla has continued to lure...
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